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What if my employees don’t submit a KYC?
What if my employees don’t submit a KYC?
Sameer B. avatar
Written by Sameer B.
Updated over 4 years ago

A KYC is necessary to verify the identity of the payee. Payment without KYC also risks breaching the Anti-Money Laundering (AML) regulations; we hence want to avoid this by operating compliantly to regulations.

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