Use Case

Cross-Border Compliance

Navigate the complexity of multi-jurisdiction KYC and AML regulations with a single platform. BASEKYC adapts to region-specific document types, regulatory frameworks, and language requirements so you can onboard international customers without compliance blind spots.

The Challenge

Every Border Brings a New Rulebook

Financial institutions expanding globally face a patchwork of KYC regulations that differ by country, region, and sometimes even by state. Each jurisdiction mandates different acceptable documents, verification procedures, data residency rules, and reporting obligations. Building and maintaining separate compliance workflows for every market is unsustainable.

  • Regulatory requirements vary drastically across jurisdictions, requiring constant legal monitoring
  • Hundreds of international document types with unfamiliar formats and scripts
  • Language barriers during live verification sessions lead to incomplete or inaccurate KYC records
  • Data residency and cross-border data transfer laws create infrastructure complexity
40+

Countries supported with localized verification workflows, region-specific document recognition, and jurisdiction-aware compliance rulesets

The BASEKYC Solution

One Platform, Global Compliance

Multi-Language Support

Conduct video KYC sessions in the customer's preferred language. BASEKYC supports localized interfaces, multilingual agent routing, and real-time translation assistance so verification agents can communicate effectively with customers across geographies without language becoming a barrier to compliance.

International Document Recognition

Our AI models are trained to recognize and extract data from identity documents issued across 40+ countries, including passports, national IDs, driving licences, and residence permits. OCR handles multiple scripts including Latin, Arabic, Devanagari, and CJK characters with high accuracy.

Jurisdiction-Aware Workflows

Configure verification workflows that automatically adapt to the regulatory requirements of the customer's jurisdiction. BASEKYC applies the correct document checks, data collection fields, consent language, and retention policies based on the country of operation, ensuring you never fall short of local mandates.

Key Features for This Use Case

Regulatory Framework

Cross-Border Compliance Requirements

International remittances and cross-border financial services are subject to overlapping domestic and international regulatory frameworks. BASEKYC addresses each layer to ensure seamless multi-jurisdiction compliance.

FATF Recommendations 10 & 16

The Financial Action Task Force Recommendation 10 requires Customer Due Diligence for all cross-border transactions, including identifying and verifying the identity of the customer using reliable, independent source documents. Recommendation 16 (Wire Transfer Rule) mandates that originator and beneficiary information accompanies all cross-border wire transfers, with intermediary institutions maintaining this information throughout the payment chain.

RBI Liberalised Remittance Scheme (LRS)

Under FEMA (Current Account Transaction) Rules and RBI's LRS framework (A.P. DIR Series Circular No. 106), resident individuals can remit up to USD 250,000 per financial year. Authorized Dealer banks must perform full KYC of the remitter, verify the purpose of remittance against permitted categories, collect PAN details, and file Form 15CA/15CB declarations. BASEKYC captures and validates all required remitter documentation during a single video session.

FEMA Regulations & ECB Norms

The Foreign Exchange Management Act, 1999 and its associated regulations govern all cross-border capital flows in India. FEMA requires Authorized Dealers to verify the identity and residential status of parties to forex transactions. For External Commercial Borrowings (ECB), additional verification of the borrower entity and end-use compliance is mandatory under FEMA Notification No. 3R/2018-RB. BASEKYC validates both individual and entity-level documentation for FEMA compliance.

PMLA Cross-Border Obligations

Under PMLA Section 12, reporting entities must apply Enhanced Due Diligence (EDD) for cross-border correspondent banking relationships and transactions involving high-risk jurisdictions identified by FATF. Suspicious Transaction Reports (STRs) must be filed with FIU-IND within prescribed timelines. BASEKYC flags transactions involving FATF grey-list or black-list jurisdictions and applies automated EDD workflows with additional verification steps.

Implementation

Go Live in 4 Weeks

1

Week 1: Jurisdiction Mapping

Identify all operating jurisdictions and map their specific KYC/AML requirements. Configure country-specific document acceptance lists, verification procedures, and data residency rules within BASEKYC.

2

Week 2: Integration & Workflow Setup

Integrate BASEKYC with your core banking and remittance systems. Configure jurisdiction-aware routing rules, multi-language agent assignment, and FATF risk-scoring thresholds for automated EDD triggers.

3

Week 3: Multi-Language Testing

Run end-to-end UAT with test cases covering each jurisdiction's document types and languages. Validate OCR accuracy on international documents, test agent routing across time zones, and verify compliance rule triggers.

4

Week 4: Pilot & Production Rollout

Launch a pilot with your highest-volume corridors. Monitor verification success rates, compliance flag accuracy, and agent performance across jurisdictions. Expand region by region based on pilot results.

Further Reading

Go Global Without
Compliance Gaps

Expand into new markets with confidence. BASEKYC handles the regulatory complexity so your team can focus on growth, not paperwork.