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Know Your Customer (KYC) Guidelines in Afghanistan: Ensuring Compliance with FATF

In a bid to combat money laundering and terrorist financing, the Financial Action Task Force (FATF) has outlined strict guidelines for Know Your Customer (KYC) processes in Afghanistan. The country’s financial institutions and businesses must adhere to these regulations to maintain trust and prevent illicit activities.

Real-Time KYC Solution for Afghanistan

Shufti Pro, a leading identity verification solution provider, offers real-time KYC services for Afghanistan, enabling businesses to verify customer identities quickly and efficiently. With a simple API integration, companies can now onboard new customers rapidly while ensuring compliance with FATF guidelines.

Document Verification: The Key to Effective KYC

Shufti Pro’s advanced document verification system authenticates various identification documents, including:

  • National Identity Card
  • Passport
  • Driving License
  • Credit/Debit Card

The solution checks for accuracy of format, detects tampered or forged cards, verifies holograms, and identifies photoshopped images.

Facilitating Compliance with FATF Guidelines

Shufti Pro’s KYC solution ensures compliance with guidelines by verifying customer identities against relevant watch lists and sanctions databases. The Financial Transactions and Reports Analysis Center (FinTRACA) and Da Afghanistan Bank are among the regulatory bodies that oversee financial transactions in Afghanistan.

Advanced Identity Verification Services

Shufti Pro offers a range of advanced identity verification services, including:

  • Facial recognition
  • Document authentication
  • Address verification
  • 2FA authentication
  • Consent verification
  • AML screening

These solutions help businesses prevent fraud, detect money laundering, and ensure customer safety.

Language Support: Pashto and Dari with 98.67% Accuracy

Shufti Pro’s OCR solution supports Pashto and Dari languages, providing accurate identification of documents in these languages.

Automated AML Screening for Afghan Businesses

Shufti Pro’s AML services screen clients against global watch lists, including:

  • FATF
  • EU
  • OFAC
  • HMT
  • Interpol
  • Other relevant databases

The solution is updated every 15 minutes to ensure the latest information is available.

Customer Due Diligence: Ensuring Trust in Afghan Business

Shufti Pro’s KYC solution ensures customer due diligence for businesses operating in Afghanistan, strengthening trustful relationships and preventing illicit activities.

Start Your Free Trial Today!

Try Shufti Pro’s KYC solution today and experience the benefits of real-time identity verification, AML screening, and compliance with FATF guidelines. Sign up now for a 7-day free trial.