Bank account opening using NIK and IKD
In Indonesia, residents can open a bank account either in person or remotely through the Identitas Kependudukan Digital (IKD) app. The app facilitates e-KYC through face verification with the resident’s Nomor Induk Kependudukan (NIK) number. Once the resident’s identity is successfully established, the verified details are shared with the bank.
Key terms
Financial Inclusione-KYCKnow-Your-CustomerCustomer onboardingDigital OnboardingPaperless Banking
Sources
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