How to Verify License in South Africa: FICA and KYC Steps for Automotive

License Verification in FICA and KYC

Driver's license verification can be part of FICA and KYC compliance in the automotive industry. Understanding how it fits helps businesses implement comprehensive verification.

FICA Requirements

FICA mandates:

Customer identification
Risk assessment
Record keeping
Ongoing monitoring

License as ID Document

Driver's licenses can serve as:

Supplementary identification
Address verification source
Photo ID confirmation
Part of enhanced due diligence

Automotive KYC Applications

License verification in automotive applies to:

Vehicle purchases
Finance applications
Test drives
Vehicle rentals
Fleet driver onboarding

Verification Steps

Step 1: Obtain the License

Request customer's driver's license
Obtain consent for verification

Step 2: Physical Inspection

Check security features
Verify photo matches holder
Check expiry date
Note license codes

Step 3: Record Details

Document license information
Keep verification records
Store securely

Step 4: Digital Verification

Where available, verify electronically
Cross-reference information

Compliance Documentation

Maintain records of:

License details captured
Verification date
Staff conducting check
Any issues noted

Best Practices

For automotive compliance:

Include license checks in procedures
Train staff on verification
Document all checks
Maintain secure records
Review processes regularly

Conclusion

Driver's license verification supports FICA and KYC compliance in the automotive sector. Proper implementation enhances overall customer verification processes.