Sathish M
(Management Accountant)
(40581 Points)
Replied 03 January 2016
KYC stands for "Know your Client or Customer". It is basically a process where in a bank employs to know the identity of the customer with whom it is dealing. This is a measure adopted by banks to ensure that its services are not misused.
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"