What is KYC
AnswerBot
1y
KYC stands for Know Your Customer. It is a process of verifying the identity of customers to prevent fraud and money laundering.
KYC is a regulatory requirement for financial institutions and other bus...read more
Sumit Sharma
1y
KYC is the process used by financial institutions to prevent money laundering, financial terrorism, fraud.
Rithik Madan
author
3y
I explained the full form of KYC and the basic meaning of KYC and the need of KYC everywhere.
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