KYC Notes
The KYC (Know Your Customer) process in Remit Milky includes the ability to update and maintain customer notes for compliance purposes. These notes provide a detailed record of any compliance-related information or observations about a customer, ensuring that all relevant data is documented and easily accessible for future reference.
Key Features of KYC Notes:
Compliance Documentation: Notes can be added to document specific compliance checks, such as the reasons for flagging a customer as high-risk or details about additional verification steps taken.
Audit Trail: All notes are logged in the system, creating a comprehensive audit trail that can be reviewed by compliance officers or regulatory authorities.
Enhanced Monitoring: Customer notes can include information about previous transactions, behavioral patterns, or interactions that may require closer monitoring.
Collaboration: Compliance teams can use notes to share critical information internally, ensuring that all team members are aware of any compliance-related issues or actions taken.
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