KYC utility

From ACT Wiki
Jump to navigationJump to search
The printable version is no longer supported and may have rendering errors. Please update your browser bookmarks and please use the default browser print function instead.

Financial institutions - anti money laundering - know your customer.

A know your customer (KYC) utility is a central repository that stores the data and documents required to support a financial institution’s KYC procedures.

Once a customer’s data has been entered into a utility, member financial institutions can access the information for their own individual KYC requirements.


See also


Other resources

Squeaky Clean, The Treasurer, 2015