The mandatory refresh of customer identity and risk details at defined intervals.

Why do regulators require it?

To detect changes in risk exposure and ensure ongoing AML compliance.

How often is it done?

High-risk customers may require annual reviews, while low-risk can be every few years.

How is it streamlined?

Using automation, digital forms, and continuous monitoring instead of manual outreach.

← Back to Glossary

Re-KYC (Periodic KYC)

Overview

Re-KYC is the periodic refresh of customer identity and risk profiles to ensure data remains accurate and up to date. Regulators require banks and fintechs to review customer information at fixed intervals, with shorter cycles for high-risk customers such as PEPs or those in high-risk jurisdictions.

Re-KYC validates documents, re-runs sanctions/PEP screening, and checks for changes in beneficial ownership or customer activity. Automated workflows reduce manual overhead by leveraging continuous monitoring, alerts, and digital document collection. Institutions that fail to perform re-KYC risk fines, reputational damage, and exposure to money laundering. Re-KYC is a critical element of ongoing due diligence and helps maintain compliance resilience.

Stay ahead of risk with Signzy

Explore tools that help you onboard, monitor, and verify with confidence

One Touch KYC

Simplify the Know Your Customer (KYC) process with AI and sophisticated fraud detection algorithms to provide a seamless, efficient, and highly secure user verification.

Database Verification

Verify user information instantly by connecting to trusted databases across jurisdictions. Ensure accuracy, compliance, and faster onboarding with real-time data checks.