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* K I A THE 'FE0I ORE in *1× 1:, Vase. Pennons, Sec #by. C mm SSI on. Do tire ratify tha0tht; 3,atom'd matte one S0e finding the n is in Ducati a t 'ht TEC ite noble f e,’t Ernie ed by, a vote
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KIA stands for Know Your Customer. It refers to the process of a business verifying the identity of its clients and assessing their suitability, along with the potential risks of illegal intentions towards the business relationship.
Financial institutions, banks, and other businesses that are subject to anti-money laundering regulations are typically required to file KIA reports.
KIA forms are usually filled out electronically or manually by collecting identifying information and verifying the authenticity of documents provided by the client.
The purpose of KIA is to prevent money laundering, terrorist financing, or any other criminal activities through transparent verification of clients' identities.
Information such as full name, address, government-issued ID number, date of birth, and other verifying documents must be reported on KIA reports.
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