Customer Due Diligence (CDD) – SIMPLY EXPLAINED

2021-03-09T15:57:06+00:00

Customer Due Diligence (CDD) – SIMPLY EXPLAINED CDD is Customer Due Diligence. Translating this into human language it means, that a business needs to assess the risk of the clients and need to get their clients ID and proof of address to be sure that you are not involved in any money laundering, any financial scam or terrorism [...]