Enhanced Due Diligence (EDD)

    Enhanced Due Diligence (EDD) is a Know-Your-Customer (KYC) process that provides a higher level of scrutiny of potential business partnerships and identifies risks that Customer Due Diligence (CDD) alone cannot detect. It is intended for use with high-risk customers identified through the KYC process. Large transaction amounts, high customer net worth, geographic location, political exposure, and other risk factors may be relevant.