Cryptocurrency Q&A What is KYB in banking?

What is KYB in banking?

Raffaele Raffaele Thu Nov 14 2024 | 6 answers 1240
I'm curious about the term KYB in the banking industry. I've heard of KYC, which stands for Know Your Customer, but I'm not sure what KYB means in this context. Could someone explain it to me? What is KYB in banking?

6 answers

Daniele Daniele Sat Nov 16 2024
KYB represents Know Your Business.

Was this helpful?

130
45
JejuSunshineSoulMate JejuSunshineSoulMate Fri Nov 15 2024
It serves as a crucial process in identifying and verifying the identity of a business or organization.

Was this helpful?

231
49
PearlWhisper PearlWhisper Fri Nov 15 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet.

Was this helpful?

306
54
EnchantedSoul EnchantedSoul Fri Nov 15 2024
This practice is essential for ensuring that a company has a comprehensive understanding of its business clients.

Was this helpful?

173
36
ShintoSanctuary ShintoSanctuary Fri Nov 15 2024
Through KYB checks, businesses can gain clarity on the corporate structure of their clients.

Was this helpful?

105
71
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts