FAQs
Customer due diligence (CDD) is the baseline process for understanding who a customer is and why they engage with your institution. It involves verifying identification documents (e.g., government IDs) and conducting preliminary checks for potential red flags.
CDD is generally sufficient for low- to moderate-risk clients and ensures compliance with anti-money laundering (AML) regulations.
Enhanced due diligence (EDD) is applied to higher-risk customers. It goes beyond standard verification to assess how a relationship or transaction might expose the institution to risk.
EDD is investigative and continuous, focusing on the customer’s intent, ownership structure, behavior, and overall risk profile.
Our national and International Associations
As a global due diligence company, the Kreller team maintains membership and leadership roles in professional national and international associations including:
Kreller’s due diligence team has provided outstanding global investigation services for our company for the last five years. Their deep-dive, boots on the ground approach to vetting our third party vendors is critical to the safety and security of our clients’ missions.
KS
Director, Compliance/Audit,
Fortune 100 Aviation Services Company
In the competitive world of due diligence services, Kreller consistently provides high-quality and comprehensive reports. I regularly recommend Kreller to compliance professionals who need professional, cost-effective and timely due diligence investigations around the globe. Kreller representatives are responsive and solution-oriented to meet the client’s needs.
Michael Volvo
Attorney, Volkov Law Group
LET'S CONNECT
Complex multinational relationships require powerful and customizable compliance tools to properly vet third parties and intermediaries.
