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Customer Due Diligence (CDD)

ComplianceUpdated: October 15, 2025
Also known as: CDD, Due Diligence

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Compliance AutomationCompliance LiabilityEnhanced Due Diligence (EDD)KYBKYTRegTechRisk-Based Approach (RBA)Sanctions ScreeningTravel Rule
Process of verifying customer identity and assessing risk

Process of verifying customer identity and assessing risk.

CDD is a standard compliance procedure requiring financial institutions to verify customer identities, understand their business activities, and assess money laundering or terrorist financing risks. It's the foundation of KYC requirements.

Related Terms

Enhanced Due Diligence (EDD)Risk-Based Approach (RBA)

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