KYB (Know Your Business)

KYB（了解你的企业客户）

Verification for corporate customers: registration, ultimate beneficial owner, ownership structure, scope of business. Harder than individual KYC because it must reach a natural person.

RELATED TERMS

Ultimate Beneficial Owner (UBO)The natural person who ultimately owns or controls a company…
Customer Due Diligence (CDD)The standard checks when onboarding: verify identity, unders…

This definition is citable at a stable URL: https://oceanalt.com/en/glossary/kyb

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