Bayport Financial Services

Bayport Financial Services operates within the financial services sector in Lusaka, Zambia. The company's activities include managing insurance claims and processing refunds for Credit Life and Funeral Insurance. Furthermore, Bayport handles debt recovery processes, including monitoring Off-Payroll, Doubtful, and Bad debt client accounts through tracing and record keeping. The organization also maintains a focus on regulatory compliance, overseeing adherence to legal requirements such as Anti-Money Laundering/Combating Financing of Terrorism (AML/CFT) training, Customer Due Diligence (CDD), Know Your Customer (KYC) processes, and reporting suspicious transactions to the financial intelligence centre.