What is KYC Validation in the Banking Sector
19/05/2025 Other Services
Price: 500000.00 ₹
Description
KYC stands for “Know Your Customer”. Banks and other financial institutions need to validate the verify of their customers. This is a way for them to check and make sure they know who their customers are. It's like a check to see if you are who you say you are. When you open a bank account, you'll need to give some information, like your name, address, and ID. The bank then checks this information. This check is the KYC Validation solution. They might look at your documents, and sometimes, they use computers to check things quickly. So that they can offer a secure and safe banking system for everyone.
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