How to implement Know-Your-Customer?
Know-Your-Customer: What kind of information you need to provide to Bank?
According to Law, Bank is required to review the following documents and information prior to establishing any relations with the customer.
Individuals:
- Citizen's ID card, or passport
- Residence address, telephone number, email address
- Information on employment and business, source of income
- Certificate of Alien Registration /for foreign citizens/
- Other required information
Legal Entity:
- State Registration Certificate
- Company Charter, Articles of Incorporation
- Shareholder and Executive management information
- Certificate of Alien Registration, /if the signing person is a foreign citizen/
- Ultimate Beneficial Owner, information on company's ownership structure
- Purpose of relationship with the bank
- Other required information the bank
