Customer Due Diligence (CDD) is a process that businesses use to verify the identity and assess the risk of their customers before entering into a business relationship. CDD helps to prevent financial crimes such as money laundering, terrorist financing, and other fraudulent activities. Customer Due Diligence Services are offered by specialized companies who help businesses conduct thorough background checks on their customers to ensure compliance with anti-money laundering (AML) and Know Your Customer (KYC) regulations. CDD is an important step in protecting your business from financial and reputational damage, and it's crucial to work with a reputable service provider who can help you navigate complex compliance requirements.
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