{"id":452,"date":"2022-09-28T14:41:37","date_gmt":"2022-09-28T14:41:37","guid":{"rendered":"https:\/\/webfastsg.com\/offshore\/?post_type=encyclopedia&p=452"},"modified":"2022-09-28T14:41:37","modified_gmt":"2022-09-28T14:41:37","slug":"kyc","status":"publish","type":"encyclopedia","link":"https:\/\/webfastsg.com\/offshore\/encyclopedia\/kyc\/","title":{"rendered":"KYC"},"content":{"rendered":"
KYC stands for “Know Your Customer”. It is a financial regulation that requires businesses to verify the identity of their customers. This helps to prevent fraud and money laundering.<\/p>\n
In order to comply with KYC regulations, businesses must collect certain information from their customers. This includes the customer’s name, address, date of birth, and identification number. The business must then verify this information with a reliable source.<\/p>\n","protected":false},"excerpt":{"rendered":"
KYC stands for “Know Your Customer”. It is a financial regulation that requires businesses to verify the identity of their customers. This helps to prevent fraud and money laundering. In order to comply with KYC regulations, businesses must collect certain information from their customers. This includes the customer’s name, address, date of birth, and identification …<\/p>\n