Know Your Customer (KYC): What It Is and How to Comply
Stax
NOVEMBER 27, 2023
KYC’s three main components are the customer identification program (CIP), which was imposed by the USA Patriot Act in 2011; customer due diligence (CDD); and regular monitoring of the customer’s account and activities, which is also called enhanced due diligence (EDD). In the U.S., Within the U.S.,
Let's personalize your content