4.1 Updating the Customer’s ID
| No: GDBC-656810000067-1440H |
Effective from Jan 31 2025 - Jan 30 2025
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a. Updating official identification cards and documents by type/duration.
| - | Identification cards and documents that are valid for less than five years shall be updated upon expiration, such as commercial register or license. |
| - | Identification cards and documents that are valid for more than five years shall be updated every 5 years or upon expiration, whichever comes first. |
| - | Accounts opened under official approvals or letters, such as accounts of government entities, embassies and the like and international organizations and the like, or under open-term licenses and registrations, such as accounts of private associations, foundations and schools, shall be updated every 5 years maximum. |
b. Updating identity information online:
| - | Banks, at their discretion, may update identity information online for customers. |
| - | Incompetent persons or the like shall not be allowed to use this service. |
| - | Banks shall check the validity of and document the identification documents by using documents, data or information obtained from reliable and independent sources. |