In compliance with local laws and regulations, all customers, existing or prospective, undergo a “Know Your Customer (KYC)” and due diligence process initiated by Habib Bank Zurich (Hong Kong) Limited. As a part of this process, customers’ identities are verified by checking their Hong Kong Identity Card (HKIC).

With iAM Smart’s highly efficient and secure solution, Habib Bank Zurich (Hong Kong) Limited aims to streamline KYC and due diligence procedures for clients. By accessing the Bank’s online banking platform and using the “iAM Smart” mobile app, customers can benefit from instant verification of their identities, instead of in-person validation at the branches of Habib Bank Zurich (Hong Kong) Limited.

“The Bank is constantly improving its online and mobile banking solutions, innovating to provide customers with the most efficient and easy-to-use options. This new option to verify identities in just a few clicks, is an addition to existing functionality of our secure digital platforms whereby our customers can perform various trade finance transactions online, including foreign exchange transactions, and submitting applications for Invoice Financing, LCs and other important documents.”

—Suresh Kumar, Head of Information Technology at Habib Bank Zurich (Hong Kong) Limited