mdatool.

Loading usage...

Settings
Abbreviation
Banking & Finance

Know Your Customer

KYC

Usage Notes

Identity verification requirements for financial institutions.

Global Definition

The process of a business verifying the identity of its clients and assessing their suitability, along with the potential risks of illegal intentions.

Sources

SEC / FINRA / BIS

View Full Definition

Schema Preview

● application/json
{
  "abbreviation": "KYC",
  "fullTerm": "Know Your Customer",
  "domain": "banking-finance",
  "metadata": {
    "hasDefinition": true,
    "type": "acronym"
  }
}