Cash & Liquidity Management
Published  6 MIN READ

As Easy As KYC: SWIFT and Seamless Corporate Banking

Complying with the know your customer (KYC) aspect of bank account opening and management has long been a burden for corporate treasurers. For Pepper Group, early access to SWIFT’s KYC Registry has helped bring a number of efficiencies to this process.

Headquartered in Australia, Pepper Group is a well-established global credit provider with specialist experience in consumer lending and asset servicing, across the residential and commercial property sectors. With a variety of lending businesses in countries throughout Asia and Europe, the company is growing rapidly, having expanded into India and set up a subsidiary in China in the past six months, with growth plans for additional markets in the pipeline.

Given the variety of countries it operates in, Pepper employs a multi-bank model with approximately 30 different banking partners globally. With that number of banking relationships, keeping on top of KYC requirements can be time-consuming.