Read through some of our most frequently asked questions and get the most moderate answers to make your online application experience smooth and efficient.
KYC, which stands for “Know Your Customer,” and KYB, which stands for “Know Your Business,” serve distinct purposes and focus on diverse profiles.
The profile:
The nature:
Yes, a combination of both automated and manual management
Commercial & Non-Commercial Business provides the following:
Example:
Full Legal Name: John Doe
Registered company name: ABC Company
Business e-mail address: xxxxxxx@abc.com
Unique identifier code: xxxxxxxxxx
or
Individual & Independent Contractor provides the following:
Example:
Full Legal Name: John Doe
Business e-mail address: xxxxxxx@gmail.com
Unique identifier code: xxxxxxxxxx
Edifice sends an email to the assigned applicant with details about their allocation;
This lets you (the applicant) start the e-KYC or KYB process online.
The applicant can log out and re-enter the last resumed place if the applicant cannot obtain specific details to complete the process.
Proof of address: Recent utility bills (not more than 3 – months old), government-issued identity documents, and other relevant information where applicable.
Company details, information on the company officers and Ultimate Beneficial Owners, Constitutional documents, and other relevant information where applicable.
All approved customers can access their specific data, which is considered ongoing monitoring of your relevant data for updating purposes and record retention.
Edifice ensures the data is handled legally according to the applicable statutory requirement, securely, efficiently and effectively to deliver the best possible care.
Our system implements secure socket layer (SSL) encryption, a recognised industry standard for enhancing online security. This encryption technique utilises a mathematical formula to encode data, rendering it unintelligible to any unauthorised parties who may attempt to intercept it during transmission over the Internet.
You can refer to our Privacy Policy for further information.
