A secure, global platform for sharing KYC data
Customer due diligence and KYC is essential in order to protect the global financial system from money laundering and financing of illegal and criminal activities.
Multi-jurisdictional anti-money laundering (AML) regulations require banks to collect specific information and documentation on their corporate and correspondent banking relationships. Collecting data to perform the necessary checks can be lengthy and complex.
SWIFT’s KYC Registry has been designed in collaboration with banks from across the globe to address these challenges. The KYC Registry is a secure global platform providing predefined data fields and document types to help standardise and streamline the data collection process.
To date, more than 5,500 financial institutions are using the KYC Registry to both publish their KYC data and receive data from their correspondent banks. It is recognised as the accepted standard for correspondent banking due diligence. The registry has now been extended to corporate customers of SWIFT to help simplify the KYC process between banks and corporates.
A standardised way for sharing KYC data
Predefined data fields and document types enable you to consolidate all your KYC data requests through one central platform.
Control who can access your data
Remain in control of who has access to your KYC data at all times with a complete audit trail of all activities.
Accelerate your KYC processes globally
The registry has been built in collaboration with banks across the globe who have agreed on a common set of data and document types to be used for KYC.
How HSBC is streamlining its KYC and AML checks
Find out how HSBC tackles this complex task using SWIFT's data solutions
KYC Registry - BNP Paribas testimonial
BNP Paribas improves client experience and enhances operational efficiency with the KYC Registry.
KYC Registry - Lloyds Bank Case Study
Lloyds Bank looks forward to building on trusted relationships with The KYC Registry