If you are working in banking or financial company, you know the meaning of KYC. It means know your customer. If you have deposited the money in any account of bank in India, you have right to get KYC detail. By applying about KYC, you want to know whether party who gets money is valid party or bank has opened a fake account. If bank has verified and has given you the detail of KYC of any party, you can write FIR against that party if he has taken money from you through fraud. If bank did you give the KYC detail or it is different than what you have paid. So, bank will responsible for opening fake account.
In KYC, customer can open his own account. A customer can open the account on the behalf of other. A customer may be beneficiary. As per Rules of RBI in India, every bank must open a deposit account after complete verification of the identity of customer. If you get written report of KYC, it will be helpful for you for finding identity fraud. No one can try to open fake account of other person and cheat someone.
If you want to apply for getting KYC, following is appeal
Respected Manager of Bank,
Name of Bank
Address of Head office or Regional Office of Bank
Subject : Please give the KYC detail of Mr. _________________
On _ _____, we have deposited money in the account of _____________ ( Account no.
_______). But he did not return our money or consideration of money. We have come from RBI
Regional office. They have told that it is fraud account holder. Please give us KYC of your this customer. We want to take legal action against him.
Name ______________ ( My Account No.
My Address :