Why is KYC important in banking?

Related questions

1. What is AML rules?
2. What is SAS AML?
3. What is Mantas AML?
4. Is Aadhaar card enough for opening bank account?
5. Is OFAC part of AML?
6. What is the AML process?
7. What is ALM in banking?
8. What is AML tool?
9. What documents are required for KYC?
10. What is the SDN list?

Tags

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