1.4 KYC Details

This topic describes the systematic instructions to capture KYC details about the corporate customers to be onboarded using Oracle Banking Enterprise Party Management.

The user can acquire and edit the KYC task using the Free Tasks screen.

To add the KYC details:

1. On the Home page, click Tasks. Under Tasks, click Free Tasks.
   The Free Tasks screen displays.

   Figure 1-6 Free Tasks

   
   

   
   Description of "Figure 1-6 Free Tasks"

   
   
2. On the Free Tasks screen, select the required task and click Acquire and Edit.
   The Customer KYC Details screen displays.

   Figure 1-7 KYC Details

   
   

   
   Description of "Figure 1-7 KYC Details"

   
   
3. On the Customer KYC Details screen, click KYC Details to update the status of the KYC check. For more information on fields, refer to the field description table.

   Table 1-3 Customer KYC Details - Field Description

   Field	Description
   Report Received	Once you select this option, it highlights blue, which indicates true, and the report is received. Note: By default, it is selected as false.
   Verification Date	Specify the date or use the calendar icon to select the KYC verification date.
   Effective Date	Specify the date or use the calendar icon to select the KYC effective from the date.
   KYC Method	Specify the method by which the KYC is completed.
   KYC Status	Select the KYC status from the drop-down values.

4. Click Next.
   The Comments screen displays.

   Figure 1-8 KYC – Comments

   
   

   
   Description of "Figure 1-8 KYC – Comments"

   
   
5. Specify the overall comments for the KYC stage.
6. Click Post to post the comments.
7. Click Submit to submit the KYC stage.

   The Checklist window displays and select the Outcome.

   The available Outcome options are:

   • If Approve is selected, the task is moved to the Onboarding Enrichment stage.
   • If Reject is selected, the task is terminated.
   After Submit successful screen displays and Task will be available in the Free Task screen.