KYB (Know Your Business)
Verifying a company, not just an individual.
Definition
KYB, or Know Your Business, verifies a company’s registration, directors and status before you transact with it. In Kenya this typically draws on Business Registration Service (BRS) data and KRA PIN checks.
Why it matters
KYB protects you from shell companies and undisclosed directors, and is essential when onboarding merchants, suppliers or partners.
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