KYC (Know Your Customer) relies on which of the following aspects of a connected account?

The correct choice emphasizes the critical components required for Know Your Customer (KYC) compliance, particularly focusing on the nature of the connected account. KYC processes are designed to ensure that financial institutions understand the identities of their clients, manage risk, and comply with regulations.

The aspects highlighted include the country, which directly relates to jurisdictional regulations and the specific KYC requirements that apply. The business type is essential because different types of businesses face different risks and regulatory obligations. Account capabilities determine what services the account can offer, which is crucial for assessing the potential for fraud or misuse. Lastly, the inclusion of the service agreement reflects the terms under which the account operates, providing a framework for compliance with applicable laws and standards.

This combination captures the necessary elements for assessing risk and verifying the legitimacy of the account, aligning closely with the objectives of KYC to prevent fraud, money laundering, and ensure customer due diligence.