{"id":1784,"date":"2024-05-12T21:23:01","date_gmt":"2024-05-12T13:23:01","guid":{"rendered":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/?post_type=docs&#038;p=1784"},"modified":"2026-07-20T13:56:18","modified_gmt":"2026-07-20T05:56:18","password":"","slug":"what-is-know-your-customer-kyc","status":"publish","type":"docs","link":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/faq\/what-is-know-your-customer-kyc\/","title":{"rendered":"What is Know Your Customer (KYC)?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">KYC, or Know Your Customer, refers to the regulatory and legal framework used by financial institutions and other regulated companies to verify the identity of their clients. The process helps to ensure that their services are not misused. The primary goal of KYC is to prevent identity theft, financial fraud, money laundering, and terrorist financing.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">KYC processes are crucial for understanding and managing risks effectively. They involve collecting and verifying information about prospective clients before or during the time of starting a business relationship. This includes verifying personal details, understanding the nature of the client\u2019s activities (to ensure that the source of their funds is legitimate), and assessing money laundering risks associated with that customer for ongoing monitoring and reporting.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KYC, or Know Your Customer, refers to the regulatory and legal framework used by financial institutions and other regulated companies to verify the identity of their clients. The process helps to ensure that their services are not misused. The primary goal of KYC is to prevent identity theft, financial fraud, money laundering, and terrorist financing&#8230;.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kadence_starter_templates_imported_post":false,"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","footnotes":""},"doc_category":[74],"doc_tag":[],"class_list":["post-1784","docs","type-docs","status-publish","hentry","doc_category-know-your-client-kyc"],"year_month":"2026-09","word_count":121,"total_views":"1428","reactions":{"happy":"0","normal":"0","sad":"0"},"author_info":{"display_name":"charlene","author_link":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/author\/charlene\/"},"doc_category_info":[{"term_name":"Know Your Client (KYC)","term_url":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/faq-category\/know-your-client-kyc\/"}],"doc_tag_info":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.5 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>KYC: What is Know Your Customer? | Loh Eben Ong LLP<\/title>\n<meta name=\"description\" content=\"What is KYC (Know Your Customer)? Learn why law firms and financial institutions verify client identity and how the KYC process works.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/faq\/what-is-know-your-customer-kyc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is Know Your Customer (KYC)?\" \/>\n<meta property=\"og:description\" content=\"What is KYC (Know Your Customer)? Learn why law firms and financial institutions verify client identity and how the KYC process works.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/faq\/what-is-know-your-customer-kyc\/\" \/>\n<meta property=\"og:site_name\" content=\"Singapore Law Help\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/singaporelawyers\/\" \/>\n<meta property=\"article:modified_time\" content=\"2026-07-20T05:56:18+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@ebenong\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/help.law.com.sg\\\/faq\\\/what-is-know-your-customer-kyc\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/help.law.com.sg\\\/faq\\\/what-is-know-your-customer-kyc\\\/\"},\"author\":{\"name\":\"charlene\",\"@id\":\"https:\\\/\\\/help.law.com.sg\\\/#\\\/schema\\\/person\\\/89d995006d079dfb1775c88e99a7c284\"},\"headline\":\"What is Know Your Customer (KYC)?\",\"datePublished\":\"2024-05-12T13:23:01+00:00\",\"dateModified\":\"2026-07-20T05:56:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/help.law.com.sg\\\/faq\\\/what-is-know-your-customer-kyc\\\/\"},\"wordCount\":127,\"publisher\":{\"@id\":\"https:\\\/\\\/help.law.com.sg\\\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/help.law.com.sg\\\/faq\\\/what-is-know-your-customer-kyc\\\/\",\"url\":\"https:\\\/\\\/help.law.com.sg\\\/faq\\\/what-is-know-your-customer-kyc\\\/\",\"name\":\"KYC: What is Know Your Customer? | Loh Eben Ong LLP\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/help.law.com.sg\\\/#website\"},\"datePublished\":\"2024-05-12T13:23:01+00:00\",\"dateModified\":\"2026-07-20T05:56:18+00:00\",\"description\":\"What is KYC (Know Your Customer)? Learn why law firms and financial institutions verify client identity and how the KYC process works.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/help.law.com.sg\\\/faq\\\/what-is-know-your-customer-kyc\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/help.law.com.sg\\\/faq\\\/what-is-know-your-customer-kyc\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/help.law.com.sg\\\/faq\\\/what-is-know-your-customer-kyc\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/help.law.com.sg\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"faq\",\"item\":\"https:\\\/\\\/help.law.com.sg\\\/faq\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Know Your Client (KYC)\",\"item\":\"https:\\\/\\\/help.law.com.sg\\\/faq-category\\\/know-your-client-kyc\\\/\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"What is Know Your Customer (KYC)?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/help.law.com.sg\\\/#website\",\"url\":\"https:\\\/\\\/help.law.com.sg\\\/\",\"name\":\"Singapore Law Help\",\"description\":\"Loh Eben Ong&#039;s Help Site\",\"publisher\":{\"@id\":\"https:\\\/\\\/help.law.com.sg\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/help.law.com.sg\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/help.law.com.sg\\\/#organization\",\"name\":\"Singapore Law Help\",\"url\":\"https:\\\/\\\/help.law.com.sg\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/help.law.com.sg\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/help.law.com.sg\\\/wp-content\\\/uploads\\\/2022\\\/10\\\/cropped-Law-Help-200x60-1.png\",\"contentUrl\":\"https:\\\/\\\/help.law.com.sg\\\/wp-content\\\/uploads\\\/2022\\\/10\\\/cropped-Law-Help-200x60-1.png\",\"width\":188,\"height\":60,\"caption\":\"Singapore Law Help\"},\"image\":{\"@id\":\"https:\\\/\\\/help.law.com.sg\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/singaporelawyers\\\/\",\"https:\\\/\\\/x.com\\\/ebenong\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/help.law.com.sg\\\/#\\\/schema\\\/person\\\/89d995006d079dfb1775c88e99a7c284\",\"name\":\"charlene\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/f283b93f28ee722e9c70a78ca608774a0733d2cbba66d1040b08f29b39bf4196?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/f283b93f28ee722e9c70a78ca608774a0733d2cbba66d1040b08f29b39bf4196?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/f283b93f28ee722e9c70a78ca608774a0733d2cbba66d1040b08f29b39bf4196?s=96&d=mm&r=g\",\"caption\":\"charlene\"},\"sameAs\":[\"https:\\\/\\\/help.law.com.sg\"],\"url\":\"https:\\\/\\\/help.law.com.sg\\\/author\\\/charlene\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"KYC: What is Know Your Customer? | Loh Eben Ong LLP","description":"What is KYC (Know Your Customer)? Learn why law firms and financial institutions verify client identity and how the KYC process works.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/faq\/what-is-know-your-customer-kyc\/","og_locale":"en_US","og_type":"article","og_title":"What is Know Your Customer (KYC)?","og_description":"What is KYC (Know Your Customer)? Learn why law firms and financial institutions verify client identity and how the KYC process works.","og_url":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/faq\/what-is-know-your-customer-kyc\/","og_site_name":"Singapore Law Help","article_publisher":"https:\/\/www.facebook.com\/singaporelawyers\/","article_modified_time":"2026-07-20T05:56:18+00:00","twitter_card":"summary_large_image","twitter_site":"@ebenong","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/faq\/what-is-know-your-customer-kyc\/#article","isPartOf":{"@id":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/faq\/what-is-know-your-customer-kyc\/"},"author":{"name":"charlene","@id":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/#\/schema\/person\/89d995006d079dfb1775c88e99a7c284"},"headline":"What is Know Your Customer (KYC)?","datePublished":"2024-05-12T13:23:01+00:00","dateModified":"2026-07-20T05:56:18+00:00","mainEntityOfPage":{"@id":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/faq\/what-is-know-your-customer-kyc\/"},"wordCount":127,"publisher":{"@id":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/#organization"},"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/faq\/what-is-know-your-customer-kyc\/","url":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/faq\/what-is-know-your-customer-kyc\/","name":"KYC: What is Know Your Customer? | Loh Eben Ong LLP","isPartOf":{"@id":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/#website"},"datePublished":"2024-05-12T13:23:01+00:00","dateModified":"2026-07-20T05:56:18+00:00","description":"What is KYC (Know Your Customer)? Learn why law firms and financial institutions verify client identity and how the KYC process works.","breadcrumb":{"@id":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/faq\/what-is-know-your-customer-kyc\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/faq\/what-is-know-your-customer-kyc\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/faq\/what-is-know-your-customer-kyc\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/"},{"@type":"ListItem","position":2,"name":"faq","item":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/faq\/"},{"@type":"ListItem","position":3,"name":"Know Your Client (KYC)","item":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/faq-category\/know-your-client-kyc\/"},{"@type":"ListItem","position":4,"name":"What is Know Your Customer (KYC)?"}]},{"@type":"WebSite","@id":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/#website","url":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/","name":"Singapore Law Help","description":"Loh Eben Ong&#039;s Help Site","publisher":{"@id":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/#organization","name":"Singapore Law Help","url":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/#\/schema\/logo\/image\/","url":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/wp-content\/uploads\/2022\/10\/cropped-Law-Help-200x60-1.png","contentUrl":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/wp-content\/uploads\/2022\/10\/cropped-Law-Help-200x60-1.png","width":188,"height":60,"caption":"Singapore Law Help"},"image":{"@id":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/singaporelawyers\/","https:\/\/x.com\/ebenong"]},{"@type":"Person","@id":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/#\/schema\/person\/89d995006d079dfb1775c88e99a7c284","name":"charlene","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/f283b93f28ee722e9c70a78ca608774a0733d2cbba66d1040b08f29b39bf4196?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/f283b93f28ee722e9c70a78ca608774a0733d2cbba66d1040b08f29b39bf4196?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f283b93f28ee722e9c70a78ca608774a0733d2cbba66d1040b08f29b39bf4196?s=96&d=mm&r=g","caption":"charlene"},"sameAs":["https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg"],"url":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/author\/charlene\/"}]}},"taxonomy_info":{"doc_category":[{"value":74,"label":"Know Your Client (KYC)"}]},"featured_image_src_large":false,"comment_info":0,"knowledge_base_info":[],"knowledge_base_slug":[],"_links":{"self":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/wp-json\/wp\/v2\/docs\/1784","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/wp-json\/wp\/v2\/docs"}],"about":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/wp-json\/wp\/v2\/types\/docs"}],"author":[{"embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/wp-json\/wp\/v2\/comments?post=1784"}],"version-history":[{"count":1,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/wp-json\/wp\/v2\/docs\/1784\/revisions"}],"predecessor-version":[{"id":1785,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/wp-json\/wp\/v2\/docs\/1784\/revisions\/1785"}],"wp:attachment":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/wp-json\/wp\/v2\/media?parent=1784"}],"wp:term":[{"taxonomy":"doc_category","embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/wp-json\/wp\/v2\/doc_category?post=1784"},{"taxonomy":"doc_tag","embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/help.law.com.sg\/wp-json\/wp\/v2\/doc_tag?post=1784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}