The Difference Between CDD and EDD

difference between CDD and EDD

CDD and EDD are two important terms used in the world of Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance. While both of these terms refer to customer due diligence, they are different in their approach and level of scrutiny. Customer Due Diligence (CDD) is the process of verifying the identity of a customer […]