Know Your Customer (KYC) Training

Included with Regulatory Basics course
AI authoring tools for easy customization
Additional languages available
Meets accessibility standards
Auto-save training, mobile-friendly
Deliver on Ethena or your LMS (SCORM)

Course Summary

Know Your Customer (KYC) is a key part of preventing financial crime by verifying identities and monitoring customer activity. In this course, you’ll learn when KYC applies, what’s required—from collecting ID to conducting due diligence—and how to respond when something doesn’t look right. By the end of this course, you’ll understand how strong KYC practices help keep both your organization and its customers safe.

Included Modules:

What is KYC?

Introduces Know Your Customer, the BSA/USA PATRIOT Act practice of verifying who customers are to prevent money laundering, fraud, and terrorist financing.

Who Must Follow KYC?

Explains which financial institutions and covered businesses must run a Customer Identification Program under the BSA, and the staff responsible for it.

When Does KYC Apply?

Covers the moments KYC kicks in, from opening new accounts to ongoing monitoring, and when added due diligence on higher-risk customers is required.

KYC Requirements

Outlines what a compliant Customer Identification Program must collect and verify under the BSA, including name, date of birth, address, and ID number.

KYC Steps

Walks through the core KYC process: identifying the customer, verifying their identity, screening against watchlists, and monitoring activity over time.

KYC Violations

Describes what counts as a KYC failure under the BSA and the regulatory penalties, enforcement actions, and reputational harm that can follow.

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