3.2 Update KYC

Update KYC process allows user to update or amend a KYC record for the party.

To initiate the update KYC:

Note:

The fields marked as Required are mandatory.

1. On the Homepage, under Party Services, click KYC Management. Under KYC Management, click Update.
   The Update screen is displayed.

   Figure 3-3 Update

   
   

   
   Description of "Figure 3-3 Update"

   
   
2. Enter KYC Reference Number or click Search icon to fetch the KYC Reference Number.

   Note:

   For more information on the KYC Reference Number, refer to the KYC Check section.
3. Click Amend Now.
   The Standalone KYC Amend screen is displayed.

Party Information

The party information will be available only in the view mode and cannot be amended.

4. On the Standalone KYC Amend screen, click and expand Basic Details segment.
5. Under the Basic Details segment, click View on each widget to view the details. For more information on the Business Details and Current Address refer to the Onboarding Initiation - Basic Details section.
6. On the Standalone KYC Amend screen, click and expand Stakeholder segment.
7. Under the Stakeholder segment, click View on each widget to view the details. For more information on the Owners widget, refer to the Insta SMB Onboarding – Relationships section.

KYC Information

8. On the Standalone KYC Amend screen, click Next.
   The KYC Information screen is displayed.
9. Click Edit icon on the each widget to update the KYC details. For more information on the fields, refer to the KYC Check section.