Question

The process used by a business to verify the identity of their client is

Answer 1

KYC.... know your customer

Answer 2

Admission. This is the official first interaction between the client and the business. The client is passed through procedure which it is the responsibility of the Business to verify the whereabouts of the clients depending with their terms and condition. It may require the photocopy of the clients identity card or visa card. It is a very important process in any business organization

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