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Order the steps of onboarding

Exercise and reference answers

Steps
  1. Customer offers an OVD
  2. Identity is verified
  3. Beneficial owner is traced
  4. Risk category is assigned
  5. Account is opened
  6. Transactions are monitored
Instructions
Tap the steps in the order the bank takes them.

Explanation

_Source: Reserve Bank of India (Commercial Banks - Know Your Customer) Directions, 2025_
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