AML & Travel Rule
Enhanced Due Diligence (EDD)
Stricter CDD applied to high-risk customers — PEPs, high-risk jurisdictions, complex structures, anonymous transactions.
Definition
EDD is the strengthened CDD applied to high-risk customer categories: politically exposed persons (PEPs), customers from high-risk third countries, anonymous or pseudonymous transactions above thresholds, complex beneficial-ownership structures. Triggers more rigorous verification and ongoing monitoring.