Question

what do we need to do KYC to your transaction account ?

Answer 1

Kyc is necessary to the bank account to know that account is continuing in the bank

Answer 2

KYC stands for "know your customer"

The main purpose of KYC in banks is to prevent the misuse of banks by criminals or terrorists . It helps the bank officer to better understand the main motive of the client behind the money accessed , deposited or withdrawn by the account owner .

HOPE IT HELPS !!