Financial Sector Deepening Uganda
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Electronic Know Your Customer (EKYC)

IATI Identifier: UG-RSB-197310-EKYC
Published on IATI IATI
  • date_range Jan 06, 2020 - Oct 31, 2021
  • autorenew Implementation (Status)

FSD Uganda is supporting the development of a technical framework that will allow Supervised Financial Institutions (SFIs) in Uganda to perform electronic know your customer (eKYC) process. The objective of this Intervention is to enable SFIs to validate and authenticate customers’ identity using the National Identification Number (NIN) from the National Identifications and Registration Authority (NIRA) ID database, for purposes of on boarding (new), update records (existing) and process financial transactions. In the future it is envisaged that this framework will also benefit other Accredited Credit Providers (ACPs) and institutions that rely on IDs as a primary method of validation.

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Sectors:
  • Financial policy and administrative management error
    Sector code:
    240 - Financial policy and administrative management
    Sector vocabulary:
    2 - OECD DAC CRS Purpose Codes (3 digit)

Participating Organisations

Organisation Name Organisation Type Organisation Role
UGANDA BANKERS' ASSOCIATION Private Sector Implementing
National Identification and Registration Authority (NIRA) Government Implementing
Bank of Uganda Other Public Sector Implementing

Transaction

Transaction Value circle Provider circle Receiver Type Date

Budget

192,579 USD
192,579 USD (Valued at Nov 01, 2019) date_range Nov 01, 2019 - Oct 31, 2020
access_timeUpdated on May 20, 2021 06:04:46