KYC – National Development Bank

Know Your Customer (KYC)

In a bid to prevent money laundering and terrorist financing, the Bank of Botswana has introduced stringent Know Your Customer (KYC) requirements that all financial institutions must adhere to. National Development Bank emphasizes the importance of KYC compliance through its annual mandatory requirement.

Know Your Customer [KYC]

About you

Next of Kin Details

KYC Attachments

Customer Information

Name*

ID Number

Expiry of ID / Passport*

Place of Birth*

Spouse Full Name

Spouse Contact Number

Passport Number

Date of Birth*

Nationality*

Address and Contact

Tel *

Email address*

Physical Address*

Mobile*

Rent/Owned

Postal Address

Next of Kin Details

Next of Kin Full Name*

Relationship*

ID Number

Physical Address*

Employer Name

Occupation

Contact Number*

Passport Number

Postal Address

Employer Contact Details

Duration (Years)

How would you like to be contacted?

Bank Name*

Branch Name*

Select Below*

Individual

Company

Individuals

Certified copies of National Identity Cards (Omang), or certified copies of passports (for non-citizens) for all shareholders/directors. *

Copy of residence permit or work permit (non-citizens) for the shareholders*

Proof of Address (wate bill/electricity bill, eployment confirmation letter, Affidavit)*

Confirmation of Employment*

Proof of Income (Payslip)*

Company / Entity

Certificate of Incorporation (COP)*

Directors’ IDs / Passports*

Company Bank Statements*

Board Resolution*

Are you human?*

Why Is It necessary?

KYC requirements serve as a crucial tool in preventing financial crimes and ensuring the integrity of the financial system in Botswana.

How often should customers update or renew?

Customers are required to declare that the details furnished are true and correct to the best of their knowledge and belief.

Declaration and notification obligations

Customers must undertake to inform NDB of any changes immediately.