What is the “Know Your Customer” (KYC/KYB) policy?

KYC (Know Your Customer) for individuals and KYB (Know Your Business) for companies are processes for collecting information about contractors and companies to verify their identity and business details and ensure that the information provided is accurate and authentic.

Contractor identity verification helps ensure that payments are made to a real person whose personal information has been verified.

Did this answer your question? Thanks for the feedback There was a problem submitting your feedback. Please try again later.