Know Your Customer (KYC) procedures are a critical function at Swissinvestor to assess and monitor customer risk and a legal requirement to comply with Anti-Money Laundering (AML) Laws.
- We establish customer identity (copy of passport or identity card, electricity bill to verify the client’s address, etc.).
- We would like to understand the nature of the customer’s activities (primary goal is to satisfy that the source of the customer’s funds is legitimate).
- Assess money laundering risks associated with that customer for purposes of monitoring the customer’s activities.