Forums › Payment cards › American Express › KYC issues …. again › Reply To: KYC issues …. again
KYC?
Know Your Client. The checks that take place at the time of application to identify your customer and compliance with regulatory/money laundering requirements. Financial institutions are expected to maintain such checks on an ongoing basis. These mainly happen behind the scenes, but if they identify issues that appear anomalous or either can’t obtain the information they need automatically or don’t like something they see, they may seek it directly from the customer, sometimes suspending accounts in that process.
New to Head for Points?
Welcome! We’re the UK’s most-read source of business travel, Avios, frequent flyer and hotel loyalty news. Let us improve how you travel. Got any questions? Ask them in our forums.
Latest Forum Posts
-
Dvir on Finnair Avios cancellation inadequate
-
Wanderlost on Finnair Avios cancellation inadequate
-
Skywalker on Accor Fast Track to Gold email – broken link/code
-
MHARRI50 on London City Airport reward seat availability only 2 economy seats
-
Man of Kent on Chat thread – Tuesday 8th July
-
sm on Chat thread – Tuesday 8th July
-
Johnie on Chat thread – Tuesday 8th July
-
Froggee on Chat thread – Tuesday 8th July
-
Aston100 on Chat thread – Tuesday 8th July
-
Paul on Finnair Avios cancellation inadequate
Check reward flight availability instantly for free!
Booking a luxury hotel?
Our luxury hotel booking service offers you GUARANTEED extra benefits over booking direct. Works with Four Seasons, Mandarin Oriental, The Ritz Carlton, St Regis and more. We've booked £1.7 million of rooms to date. Click for details.