#dltledgers does not require KYC at RFQ stage, but banks will only provide financing to customers with whom they have an agreed credit line. In order to secure financing from a bank with whom they do not already have an agreed credit line, customers will need to complete that bank’s own KYC process. However, by transacting via the dltledgers platform, customers can provide these banks with an added level of assurance.
Through your platform, can they put up a particular sales transaction and request financing from the banks on your platform? Any additional KYC required?
by Shahz | Aug 5, 2020