A Unique Client Identification Number (UCID) will be assigned to both the Borrower and the Key Principal to facilitate renewals, repeat applications, and annual reviews of expired IDs, PEP status, etc.
The individual or entity applying for the loan.
Used for renewals, repeat applications, and annual reviews.
The person who qualifies for the loan and signs the documents. In some cases, this may be different from the Borrower.