Course Overview            

"Know Your Customer (KYC) is an important banking procedure that enables banks to understand their customers better by verifying their customers’ true identity and the nature of financial transactions expected in dealing with their customer. ‘Know Your Customer’ (KYC) is the guiding principle behind Anti-Money Laundering (AML) measures.

This course will introduce you to some basic information related to the Know Your Customer procedure of banks. The course has 5 short modules. Each Module describes to you the various aspects of KYC in simple and clear terms."

Ideally Meant For

"• Gradate seeking employment in the Banking & Finance industry or

• Person working in the Banking & Finance industry and seeking a deeper understanding on KYC Norms."

Why take this course

"For a person seeking a career in the Banking and Finance domain, knowledge of KYC is an important element. For a person already working in the industry, it is an essential knowledge to have for your day-to-day functioning.

On completion of this course, the subscriber will be able to comply satisfactorily with KYC norms in a bank or financial institutuion.

On receiving the certificate, you can mention this certification in your CV. Prospective recruiters can send certificate code to TrainingCentral to confirm authenticity and be convinced on your knowledge in this subject."

Need Assistance?  

Give a missed call on 8587999769

Course Objective

On completing this course, you will be able to,

• Demonstrate a command of the knowledge and entities

related to Know Your Customer (KYC) guidelines and

various factors which are critical to them

• Demonstrate competency in the use of language and

terminology appropriate to KYC

1 KYC Process in Detail

 On completing this chapter, you will be able to understand:

• The need for KYC Process
• Key steps of KYC

1.Customer Acceptance Policy;

2.Customer Identification Procedures;

3.Monitoring of Transactions; and

4.Risk Management.

• KYC Grid and exception processing
• Documentation with respect to KYC
• Compliance with respect to all regulatory authorities
• Ongoing audit and compliance of KYC activities
•  

2 Regulatory aspects in KYC

On completing this chapter, you will be able to understand:

• RBI Circular relating to KYC

3 Bank’s KYC Policy

 The topics covered in this chapter are

• Applicability to Branches and Subsidiaries Outside India
• Appointment of Principal Officer
• Correspondent Banking

4 KYC and Risk parameters

The topics covered in this chapter are

• Significance of KYC and its adoption by Outsourced

Selling Agents

• Reputation Risk
• Operational Risk
• Fraud Management

5 Assessment

• Based on Question Bank

Here is a sample for the course completion certificate which you will receive after complete the course. This certificate is widely accepted across industries and will boost your chances to grab the job opportunities.

Mail us at: [email protected] with below details to receive your certificate:

• Name
• Course Name
• Date of Completion
• Address