Introduction: KYC full form
KYC full form is “Know Your Customer”, which came into action to reduce different suspicious activities related to finance. The policies and procedures used in the financial services industry can verify the identity of consumers. They can also work on confirming the authenticity of different personal and professional transactions and mitigate risk.

According to the reports, very recently, 81 people in Mumbai lost almost 1 crore due to KYC issues. More than ever, combating financial fraud and money laundering issues is necessary.

What Is The Full Form of KYC? ..

https://www.cheggindia.com/full-forms/kyc/