Study on Know-Your-Customer Requirements for DFS in Uganda

Study on Know-Your-Customer Requirements for DFS in Uganda

Wed, 09/13/2017 - 16:26 -- anna.ferracuti
Case Study

The UNCDF MM4P program contracted BFA to conduct a Study on Know-Your-Customer (KYC) Requirements for Digital Financial Services in Uganda. The key objectives of the study were to: Clarify the KYC requirements for opening and operating different digital financial services (DFS) accounts; understand how financial service providers are interpreting and implementing KYC requirements for the aforementioned accounts today; assess the impact of the interpretation and implementation of KYC requirements on DFS adoption; and offer recommendations for addressing KYC challenges to foster DFS growth and uptake.

Country: 
Practice Area: 
Inclusive Finance
Document Date: 
Wed, 09/13/2017

share this