1.3 KYC Check
In the KYC stage, the RM can capture KYC details about the Small and Medium Enterprise customer. The Small and Medium Enterprise customers are onboarded using Oracle Banking Enterprise Party Management.
You can acquire and edit the KYC task using the Free Tasks screen.
- Click Acquire and Edit in the Free
Tasks screen for the application for which KYC
Check stage has to be acted upon.The KYC – Customer KYC Details screen displays.
- 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 1-4 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 list. - Click Next.The Comments screen displays.
- On the Comments screen, perform the following
actions:
Table 1-5 Actions - Description
Action Description Comments Specify the overall comments for the KYC stage. Post Click Post. The comments are posted below the text box. Submit Click Submit. The Checklist window is displayed. Outcome On the Checklist window, select the Outcome as Approve and click Submit. The task is moved to the Enrichment stage.