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KYCS - Know Your Customer Specialist

This program will provide you with the best learning experience about Know Your Customer.

Learn how to identify real beneficiaries, detect PEP customers, and Conduct due diligence on a risk-based approach, in addition to identifying the customer tax status (FATCA & CRS). Understand the customer risk rating process, account opening workflow, and how to design the smartest KYC applications.

Explore the newest technologies, including digital identity and online customer onboarding, and much more.

Program Price USD 499 covers:

One-year membership, access to the candidate portal where you can download the program study guide, undertake the practice questions, Schedule your online proctored exam. and E-Certificate and verifiable digital badge when you pass the assessment, GCI also offers one exam retake for free.

Enrol today to become a Certified Know Your Customer Specialist (KYCS).

Know Your Customer & Its International Context

  • Understand the concept of Know Your Customer (KYC).
  • Define KYC and its importance.
  • Recognize the relationship between KYC and Anti-Money Laundering (AML).
  • Identify when KYC applies
  • Understand the international context of KYC, including the Financial Action Task Force (FATF), Basel Committee on Banking Supervision (BCBS), Wolfsberg Group, European Union, European Data Protection Act (GDPR), and the US Anti-Money Laundering Act (AMLA 2020).


Customer Onboarding Requirements

  • Learn about the requirements for individual accounts, including customer identification and verification, identifying the real beneficiary, and screening for politically exposed persons (PEPs).
  • Understand the KYC requirements for corporate accounts, including ultimate beneficial owners (UBOs) and changes in entity ownership.
  • Identify the specific considerations and vulnerabilities related to charities and non-profit organisations (NPOs).


Customer Tax Status (FATCA & CRS)

  • Understand what FATCA and CRS are.
  • Learn about the forms and self-certifications related to FATCA & CRS.
  • Conduct customer due diligence and reasonableness test.


Risk-Based Approach in Customer Due Diligence

  • Comprehend the concept of customer risk rating.
  • Understand the money laundering risk classifications and electronic AML risk rating.
  • Learn about risk-scoring models and customer/account overall risk assessment.


Account Opening Processes and Management

  • Identify account opening procedures, including decentralised and centralised approaches.
  • Understand KYC updates and accept instructions by fax or email.
  • Learn about opening non-face-to-face accounts, handling incomplete accounts, dormant accounts, and closure of accounts.


Online Customer Onboarding and Digital Identity

  • Understand the relationship between customer onboarding and digital identity.
  • Learn about the challenges, threats, and benefits of digital identity and online onboarding.
  • Explore a proposed mechanism for implementing online onboarding.


Compliance Officers, Customer Service, Account Opening, front liners and Back office staff in the following industries:

  • Banking Industry
  • Insurance and reinsurance Companies
  • Brokerage Firms
  • Leasing and Microfinance Companies
  • Lending Firms
  • Exchange Houses and Money Service Business


Workers in the supervisory authorities e.g:

  • Central Banks
  • Financial Sector Regulatory Authorities
  • Financial Intelligence Units FIUs
  • Tax Authorities
  • Related Ministries and government bodies


College-business graduates

  • Who are interested in working in the Banking and Finance Industry



  •  Exam Duration: 60 Minutes
  •  # of Questions: 50
  •  Type of Question: Multiple Choice
  •  Pass Mark: 75/100 (50% for each Chapter )


The result appears directly once you submit your answers

Digital Badge and an e-certificate will be issued instantly and sent to your email address. You can also ask GCI to send it to your employer at any time.


Candidates have two options to register in any of the GCI programs:

Option 1: Self-Study. Take the online proctored exams at home

GCI’s examination process is set to the highest standards. Our students gain access to our easy-to-navigate online portal, where they can download their certificate study guide (e-book) in their selected language. undertake the practice questions as much as needed.

Once the candidate is ready to sit the assessment, they can schedule their online proctored exam with a click of a button through their membership area and undertake the exam any time and anywhere. Our assessment platform is usually available 24/7.


Option 2: Instructor-led program by a GCI-accredited trainer or training centre.

GCI could arrange an instructor-led program for groups (10+ participants), whether virtually or in person (as available), by our faculty members and our accredited training centres around the globe.

Reach out to us today to see how we can advance your career / get your staff the practical training experience they are looking for.

  • English
  • Arabic
  • Turkish
  • French
  • (One Year’s Membership included)