KYC records definition

KYC records means the records, including the electronic records, relied upon by a KYC institution in carrying out customer due diligence verification.
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KYC records means the evidence (documents or otherwise) required to verify each Customer’s identity for anti money laundering purposes in connection with his Customer Account Loan means any form of credit provided to a Customer under a Customer Loan Agreement MEM means MEM Consumer Finance Limited further details of which are set out in part 2 of schedule 1
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KYC records means the records, including the electronic records, relied upon by a reporting entity in carrying out client due diligence as referred to in rule 9 of these rules.
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Examples of KYC records in a sentence

  • You will maintain copies of all records relating to Selling Agent Investors including, but not limited to, copies of subscription documents, AML documentation and all Know Your Client (KYC) records.

  • This shall also include verification/audit of KYC records of the depositor.

  • This centralised registry receives, stores, safeguards and retrieves the KYC records of a customer in a digitally secure electronic format.

  • The CKYCR is a centralised repository of KYC records of customers in the financial sector with uniform KYC norms and inter-usability of the KYC records.

  • You accept that for any transactions that are submitted offline i.e., with wet signatures, the signature available in your KYC records would be used for signature verification and in the event of such signature not being available or legible or any mismatch in signature, the AMC would be within its rights to carry out further checks to validate the authenticity of the request.

  • This parameter serves two purposes: - The investor's full KYC records are held by and obtainable from the referred bank in Zimbabwe.

  • RA shall collect, store, upload and check KYC records of the clients with KYC Registration Agency (KRA) as specified by SEBI from time to time.

  • To obtain and forward to the Product Providers your information as available in the KYC records, including your signature.

Related to KYC records

  • Public records means all writings and recordings that consist of letters, words or numbers, or their equivalent, set down by handwriting, typewriting, printing, photostatting, photography, magnetic impulse, optical or magneto-optical form, mechanical or electronic recording or other form of data compilation, however stored, and regardless of physical form or characteristics, prepared or owned by, or in the possession of a public body or its officers, employees or agents in the transaction of public business.

  • Pupil Records Means both of the following: (1) Any information that directly relates to a pupil that is maintained by LEA and (2) any information acquired directly from the pupil through the use of instructional software or applications assigned to the pupil by a teacher or other local educational LEA employee.

  • Files and Records means all files and records of Seller relating to the Business, whether in hard copy or magnetic or other format including customer and supplier lists and records; equipment maintenance records; equipment warranty information; plant plans, specifications and drawings; sales and advertising material; computer software; technical and research analyses; engineering, sales, marketing and other studies, data and plans; bid information; quality assurance records; and records relating to those employees of Seller who may become employed by Purchaser following the Closing.

  • Client Records has the meaning set forth in Section 3.14.

  • Central KYC Records Registry (CKYCR) means an entity defined under Rule 2(1) of the Rules, to receive, store, safeguard and retrieve the KYC records in digital form of a customer.