Today, let’s know about Uniform KYC. Have you ever thought that if you complete your KYC process once, you could use it everywhere?
Uniform KYC is a system where, once you submit your KYC documents, you receive a unique CKYC (Central Know Your Customer) identification number. With this number, you can conduct any financial transaction without the need to repeatedly submit documents.
To get started with Uniform KYC, you will need to submit your documents, and you will be issued a CKYC identification number. This number allows you to skip the KYC process for every financial transaction, making it incredibly convenient.
Benefits of Uniform KYC
- Freedom from the hassle of repeated KYC processes: No more running to the bank to submit KYC documents repeatedly.
- Reduced inconvenience for bank customers: Say goodbye to the frustration of dealing with KYC paperwork multiple times.
- Simplified document verification for financial institutions: Streamlining the process benefits both customers and institutions.
- Minimize the risk of cyber fraud: With a centralized KYC system, the risk of cyber fraud decreases significantly.
To get your CKYC, simply visit a financial institution or bank and complete the CKYC process. Once you have your unique identification number, you are all set to enjoy the benefits of CKYC.