EDD (Enhanced Due Diligence) Verification (Tier 3)

When will I be required to carry out EDD (Enhanced Due Diligence) verification?
You will receive a prompt to carry out the EDD verification when you attempt to transfer above the Tier 2 limit or when you exceed the Tier 2 limit.
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How can I begin the Enhanced Due Diligence (EDD) verification process?

Go to the profile page on your dashboard, select “Account Limits” and click the “Increase limit” button to begin.
​Note: You must have completed the Customer Due Diligence (CDD) Verification before you can attempt to begin the Enhanced Due Diligence Verification (EDD).
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How does the Enhanced Due Diligence (EDD) verification process work?
You will be prompted to provide additional information about your beneficiary & transactions (relationship with beneficiary, purpose of transaction and source of funds). Once done, the information you provided will be reviewed and feedback will be provided within 72 hours.
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Completing the EDD verification gives you access to Tier 3 transaction limits;