What is the purpose of KYC?

Related questions

1. What are examples of money laundering?
2. What is high risk KYC?
3. What is high risk customer?
4. What are KYC requirements?
5. How do I find my KYC ID number?
6. What is a personal education plan?
7. What is KYC and why it is important?
8. What is KYC account?
9. How can I update my KYC status?
10. What is a high risk account?

Tags

1. #criminal
2. #being
3. #related
4. #activities
5. #prudently
6. #better
7. #risks
8. #unintentionally
9. #elements
10. #prevent
11. #procedures
12. #helps
13. #guidelines
14. #manage
15. #objective
16. #money
17. #enable
18. #financial
19. #banks
20. #understand
21. #dealings
22. #laundering
23. #intentionally
24. #their
25. #customers