NCCPL to implement CKO functions from June 17

MG News | June 14, 2019 at 01:41 PM GMT+05:00

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June 14, 2019 (MLN): National Clearing Company of Pakistan Limited (NCCPL) in its latest circular has announced the implementation of Centralized Know Your Customer “KYC” Organization Functions with effect from June 17, 2019.

In this regard, to facilitate Centralized Know Your Customer Organization (CKO) live services to the market participants, following NCCPL systems will be available:

KYC system
Biometric web-based system
Biometric mobile applications
Changes in NCSS system for KYC Normal and Sahulat Accounts.

In addition, all participants are advised to complete admission process by Friday June 14, 2019, otherwise they will not be allowed to register a new customer after June 14, 2019 onward.

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