How to open a bank account without video kyc

Opening a bank account is a fundamental step in managing your finances, providing a secure place to save money, earn interest, and access various financial services. While many banks now offer video KYC (Know Your Customer) as a quick and convenient way to verify your identity online, you may prefer or need to open an account without using this method. Whether due to personal preference, lack of required technology, or privacy concerns, there are still several traditional and effective ways to complete the process. This guide will walk you through a step-by-step approach to opening a bank account without relying on video KYC, ensuring you can still meet all necessary requirements and begin your banking journey smoothly. From gathering essential documents to visiting a bank branch, each step will be detailed to provide you with a clear and comprehensive understanding of the process.

Option 1: In-Person Account Opening

1. Visit a branch of the bank where you wish to open an account.
2. Request to open a new account and fill out the account opening form.
3. Provide necessary KYC documents like proof of identity, address, and income.
4. Submit the completed form and documents to the bank representative for verification.
5. Once verified, the bank will activate your account and provide account details.

Option 2: Document-Based KYC

1. Visit the bank’s website and select the document-based KYC account opening option.
2. Fill out the online application form with your personal and employment details.
3. Upload scanned copies of your KYC documents as required by the bank.
4. Submit the completed application form and documents online.
5. The bank will verify the documents and activate your account once they are approved.

Option 3: Limited KYC Accounts

1. Check to see if your preferred bank offers limited KYC account options.
2. Visit the bank’s website or app and select the limited KYC account opening option.
3. Fill out the application form with basic personal details and contact information.
4. Provide minimal KYC documents, like a government ID, as required.
5. Submit the application form and documents through the designated channel.
6. The bank will verify the information and activate your limited KYC account.

Note that limited KYC accounts may have restrictions like lower transaction limits compared to fully KYC-compliant accounts.

The availability and specific procedures for non-video KYC account opening may vary by bank and country. Some key points to keep in mind:

• In-person account opening may require more time and effort, but it allows for a personalized experience.
• Document-based KYC enables remote account opening but may have a longer processing time.
• Always provide accurate information and genuine documents to ensure a smooth process.
• Research the bank’s policies, fees, and services thoroughly before opening an account.
• Reach out to the bank’s customer support if you have any questions or concerns.

By following these steps and choosing the most suitable option, you can open a bank account without going through video KYC. Just remember to carefully review and follow the bank’s specific requirements and procedures.