{"@context":"https://schema.org","@type":"DefinedTerm","name":"Know Your Customer (KYC)","description":"Freight forwarders, customs brokers, and logistics operators are legally required to identify and verify their business partners and customers through Know Your Customer (KYC)—a core compliance mechanism against money laundering, fraud, and terrorist financing. The process covers company registration, beneficial ownership, business activities, sources of funds, and any history of sanctions violations or criminal proceedings. Risk assessment is central: the customer's industry, jurisdiction, and ","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/know-your-customer-kyc","inLanguage":"en","dateModified":"2026-06-26T16:53:51.670153","citation":"https://www.investopedia.com/terms/k/knowyourcustomer.asp","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/know-your-customer-kyc","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"Know Your Customer (KYC) · Freight forwarders, customs brokers, and logistics operators are legally required to identify and verify their business partners and customers through Know Your Customer (KYC)—a core compliance mechanism against money laundering, fraud, and terrorist financing. · Quelle: https://www.investopedia.com/terms/k/knowyourcustomer.asp"}