Cryptocurrency Q&A Who can ask for KYC?

Who can ask for KYC?

benjamin_rose_author benjamin_rose_author Sat Dec 14 2024 | 7 answers 1726
I want to know who is eligible or has the authority to request KYC information in a financial or legal setting. Specifically, who can ask for KYC documents or details. Who can ask for KYC?

7 answers

Bianca Bianca Mon Dec 16 2024
Customers also bear a responsibility in this process.

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BlockchainWizard BlockchainWizard Mon Dec 16 2024
Financial institutions have an obligation to maintain regular communication with their customers.

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SejongWisdomKeeper SejongWisdomKeeper Mon Dec 16 2024
They must promptly respond to each request for KYC information made by the financial institutions.

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CryptoVisionary CryptoVisionary Mon Dec 16 2024
Failure to do so can result in delays to their transactions.

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Valeria Valeria Mon Dec 16 2024
This communication is primarily focused on requesting Know Your Customer (KYC) information.

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