Step-by-Step Guide
Inventory and Export
Once you have determined the money laundering risk and have performed any necessary enhanced due diligence, you can close the file by clicking on the lock icon in the upper right corner. In closing the file, it is automatically saved in an ...
Enhanced Due Diligence
This tab will only appear if a high money laundering risk has been identified based on the risk factors. If an increased risk of money laundering has been determined, you may only establish the business relationship if you can execute the enhanced ...
Check Due Diligence
Once you have collected all the data and documents for your new KYC file, you can determine the money laundering risk of the file under the “Check due diligence” tab on the basis of several risk factors. The resulting risk determines the due ...
Add documents
The tab “Add Documents” is the document archive belonging to the individual KYC-Record. Here you can select the document type, be it an “Identification document”, a “credit document” or any “other document” and upload the corresponding document.
Identify Persons
Here you have the possibility to gather the relevant data of all persons involved in the KYC-Process. At the top you are given unchangeable general information about the record, namely who created it, the time when the record was created, as well as ...
Overview
Here all relevant information can be found in a compressed fashion. You can also view the current status of processing here at any time, e.g. whether all persons have already been identified or whether the level of due diligence has already been ...
Add a record
To start a new KYC-Process, a new record has to be created. In order to do so, select the tab “Add” and make sure that KYCnow is set for “Private customers”. You should now see the following Screen: First give your record an individual name. ...