In search of an effective solution for collecting client information while adhering to numerous regulatory requirements?
This is where WPForms’ Know Your Client form template comes in, which offers a good starting point for recording vital client details.
You can use this template and modify the fields to best ensure regulatory compliance for your organization or business entity.
How Does the Know Your Client Form Template Work?
The form starts by collecting essential personal information about clients, such as their full name, date of birth, gender, nationality, contact details like their phone number and email address, and finally, their house address.
After that, there is a section to record Employment Information, which includes fields to capture the client’s occupation, employer name, annual income, and source of funds to help deliver accurate services to the client.
Next, there is a Risk Assessment section that allows clients to provide details about their investment experience, risk tolerance, investment objectives, and knowledge. This assists in determining the correct investment options for the client.
After all has been filled out, there is a section for Declarations and Authorizations, where clients provide explicit consent to the processing and collection of data in the form, confirmation of accuracy, compliance with AML regulations, and a client agreement.
To seal the deal and close off the form, there is the Signature and Date section, where clients can legitimize the form and provide their signature and date of submission. This part of the form uses the WPForms Signatures addon.
Since this is a premium feature, it is advisable to sign up with WPForms’ Pro plan. That way, you can avail this template and customize it to best suit your needs to your client onboarding processes. You can even gain access to more templates and to enhance your business operations while you’re at it!
