Yesterday, I saw a friend submit a lot of documents to open a bank account, and it reminded me that there are systems that make this much easier—namely e-KYC, an electronic identity verification system that is starting to spread in Thailand.

So, what exactly is e-KYC? It is an upgrade from the traditional KYC system: instead of having to meet with officials in person, it becomes a process we can complete using our electronic devices—no need to leave home, saving time and money on travel.

What’s interesting is that there are several ways to verify identity. Some use face scanning, some use fingerprint scanning, and some even use ID document scanning through OCR systems, which can convert information into digital format instantly. In Thailand, NDID is commonly used, combining face scanning and ID card verification.

When the system checks, it needs our personal information—such as ID number, name, date of birth, address, phone number, email—along with face scanning. All of this is stored in a highly secure system.

The best part about e-KYC is how convenient it is. It can be done 24/7 from anywhere, reduces paper use, and keeps stored information accurate and precise. It also eliminates the problems of document forgery from the old methods. It is used in banks, government agencies, and various financial business sectors.

However, we also have to admit there are drawbacks, such as it may be difficult for older adults to access, or the risk of data leakage if the system is not secure enough.

Compared with the traditional KYC process, e-KYC is the winner in every respect—speed, convenience, accuracy, and better security—because it uses digital technology and remote verification.

At present, e-KYC is a system adopted by banks, financial companies, and even trading platforms like Gate, enabling users to open accounts quickly, maintain data security, and prevent fraud. If you’ve never tried it before, take a look at how much easier this system can make identity verification.