KYC stands for "Know Your Customer" and refers to a process used by companies to verify the identity of their customers. This process is common in financial and commercial sectors, and aims to prevent money laundering, terrorist financing and other illegal activities.

In the financial context, the KYC process involves collecting information on the identity and financial background of customers, such as name, address, date of birth, occupation and source of funds. Financial institutions usually carry out KYC at the beginning of a business relationship and update the information periodically.

KYC is essential to ensure the integrity and security of business transactions, as well as to comply with applicable laws and regulations.

 Our support team is on hand to assist you if you reach the point where KYC verification is required.