Yes, all ACCOUNTS irrespective of their KYC status will be migrated to CBS. The idea is to have all accounts in the centralized CBS SERVER. Updates/additional documentation can be collected later from the customer. The expectation is customers will provide the required KYC documents once they are POSITIVELY influenced by the additional FACILITIES provided by the department post CBS implementation. KYC has been made mandatory as a process and also in the application. So, if the customer wants to use these features (LIKE ATM, internet banking etc.) they will have to provide required KYC documents.

Yes, all accounts irrespective of their KYC status will be migrated to CBS. The idea is to have all accounts in the centralized CBS server. Updates/additional documentation can be collected later from the customer. The expectation is customers will provide the required KYC documents once they are positively influenced by the additional facilities provided by the department post CBS implementation. KYC has been made mandatory as a process and also in the application. So, if the customer wants to use these features (like ATM, internet banking etc.) they will have to provide required KYC documents.