Know Your Member

KNOW YOUR MEMBER Given the growing role of compliance, verification and fraud prevention, UBMV has developed a first-ever Know Your Member solution. Trustee meetings have been dominated by the concept of getting to know the / your member. It is for that reason that we created KYM - Know Your Member. The system goes beyond just KYC and is designed to add another layer of verification. Exclusively for the Retirement Industry. The KYM process involves verifying members' identity, banking details, addresses and relationships ALL-IN-ONE before paying the member/beneficiary's claim.