KYC, short for "Know Your Customer", is a process implemented by financial institutions to verify the identity of their customers. KYC is essential to comply with legal and regulatory obligations, prevent fraudulent activities, money laundering, and other financial crimes. It plays a crucial role in maintaining the integrity of the financial system and safeguarding both customers and businesses from potential risks.
Before initiating the verification process, please ensure you have a valid and accepted identity document and a laptop or smartphone with a working camera.