KYC Guidelines definition
KYC Guidelines means KYC norms as set out in the Master Direction - Know Your Customer, 2016 notified by Reserve Bank of India through circular no. Master Direction DBR.AML.BC.No.81/14.01.001/2015-16, to the extent applicable to the Services and as may be determined by Razorpay or the Facility Providers. KYC means know-your-customer.
KYC Guidelines of “KYC” shall mean the Know Your Customer (KYC) guidelines as set forth by Governmental Authority including RBI; “Person” shall mean any individual (including personal representatives, executors or heirs of a deceased individual) or legal entity, including but not limited to, any partnership, joint venture, corporation, trust, unincorporated organisation, limited liability company, limited liability partnership or Governmental Authority;
KYC Guidelines of “KYC” shall mean the Know Your Customer (KYC) guidelines as set forth by Governmental Authority including RBI; “Full KYC Membership Account” shall mean the Membership Account operated as per the prescribed regulatory limits for which the Applicant has provided self-attested copies of valid Proof of Identity, Proof of Address and relevant KYC details as per the KYC guidelines; “Low KYC Membership Account” shall mean the Membership Account operated as per the prescribed regulatory limits set forth by the by Governmental Authority including RBI and for which the Applicant has only submitted his name and mobile number;
Examples of KYC Guidelines in a sentence
Capitalised terms used here but not defined shall have the meaning ascribed to them in the KYC Guidelines issued by the RBI, as amended from time to time.
You are solely responsible for understanding and complying with all Applicable Laws, including but not limited to the provisions of the RBI Guidelines on Regulation of Payment Aggregators and Payment Gateways, Payment and Settlement Systems Act, 2007, Prevention of Money Laundering Act, 2002, KYC Guidelines, etc.
More Definitions of KYC Guidelines
KYC Guidelines means the master direction issued by the Reserve Bank of India dated February 25, 2016 bearing
KYC Guidelines means the Reserve Bank of India master direction dated February 25, 2016 bearing No.DBR.AML.BC.No.81/ 14.01.001/2015-16 titled Master Direction