RBI-Recognizing E-Aadhaar as an Officially Valid Document under PML Rules
June, 26th 2014
RBI/2013-14/660 DPSS. CO. D. No. 2646/02.27.005/2013-14
June 20, 2014
To All Payment System Providers, System Participants and prospective Prepaid Payment Instrument Issuers
Know Your Customer (KYC) Norms /Anti-Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT)/Obligation of Payment System Operators under Prevention of Money Laundering Act (PMLA), 2002 – e-KYC Service of UIDAI – Recognizing E- Aadhaar as an ‘Officially Valid Document’ under PML Rules
3. It is advised that the instructions contained therein with respect to e-Aadhaar downloaded from UIDAI website may be followed by all payment system participants/operators. They should note the contents of the circular and ensure strict adherence. The Payment System Operators authorized under the Payment and Settlement Systems Act, 2007 (PSS Act) may revise their KYC policy accordingly and ensure strict adherence.