What's Enhanced Due Diligence | AML risk indicators | applying Enhanced Due Diligence | AML Tutorial

[@theexpoze4594]

your video's are so helpful, thanks for creating a content on AML KYC . make a separate video on full procedures or the steps which involves AML. FROM starting to end .

[@KYCLookup]

@The Expoze Thank you very much for such a nice comment. 😊 Good suggestion definitely one to look into.👍

[@globetrotterbites]

love this. thank you :))

[@KYCLookup]

@tastytravelandculinarytales Thamk You!! Love your channel by the way 🙂

[@ModleJanki]

Due diligence is important in Account opening hence by analysing. The CIN The Bank before opening any deposit will carry out due diligence as required under " Know your customer" ( kyc) guidelines by RBI

[@KYCLookup]

@Madrit Janaki Thank you for the comment and for the support 😀

[@skyboomshield]

Thanks for a crisp video on EDD. Can you please make a video on complete Client Onboarding cycle.

[@KYCLookup]

@Rohit Raj Thanks for the support. Great Suggestion. 👍

[@alizaynoor7546]

@@KYCLookup Waiting for your video desperately.

[@dineshsomaiya7310]

Such a nice a video. Can you please make video of the documents reviewed on EDD kyc process for INCORPORATIONS AND PARTNERSHIP.

[@KYCLookup]

@Daniesh Somaiya Thank you for the comment.

[@elvisngandwe4552]

@@KYCLookup waiting for this video.

[@krishnanaikwade487]

Thanks a lot for covering Risk parameters

[@KYCLookup]

Thanks for the comment :)

[@ajmalrabbani3493]

very nice explanation tomorrow is my presentation on edd , now my concept is very clear , thank u

[@KYCLookup]

@Ajmal Rabbani Thank you for the comment. GOOD LUCK with the presentation. 👍

[@KYCLookup]

@Ajmal Rabbani Just wanted to check in to see how the EDD presentation went. 🤞

[@ajmalrabbani3493]

@@KYCLookup it was very good I covered all the topics and my teacher was really happy appriciate me.. Once again thanku so much...

[@KYCLookup]

@@ajmalrabbani3493 Ah Brilliant. Well done. If you need any help just let us know. We have loads of different tutorials across many topics related to AML. 👍

[@ajmalrabbani3493]

@@KYCLookup OK sure I'll tell you

[@himanshishah4400]

Can create a video on tpoic aml tools used of various kind

[@KYCLookup]

@himanshishah4400 Thank you for the support. Thats a good idea. You mean like tools for screening or verify IDs, best onboarding tolls etc?

[@sameeravenkatesh3099]

I am not in the industry yet. So Could you please help with the answer to this question . Question: When you are working on a entity and when you are suspicious about the client's details, then you perform additional due diligenece which is termed as 'Enhanced due diligence'. Did I understand it correctly?

[@KYCLookup]

EDD is performed on the risk the client presents, so if you think something is suspicious you should submit a UAF (Unusual activity form/rerport)

[@ModleJanki]

The dur diligence process by the Bank , while opening a deposit account will involve satisfying itself about the kyc documents 1 relating to identify of the person This will take screenshot of Name screen 2Address verification Second screen shot 3 occupation or source of wealth Other screen shot 4check Recent bphoto graph of individual Entity cin 5Fresh photograph screen shot For individual or Entity ie secretary of state 6 period review So fresh screen shot is pasted For Kyc monitoring and compliance activity Before submitting the vin check recent Transactions is been taken Because we have to check present ly Any operation on his bank account done Hence fresh screen shot always For compliance activity Due diligence required In India it is PAN In us it is SSN

[@KYCLookup]

@Madrit Janaki Thank you for the comment and for the support 😀

[@sameeravenkatesh3099]

Enhanced due diligence is additional due diligence which is performed after conducting CDD on a high-risk client. Am I correct in my understanding? 1 more question, Is it your call to conduct EDD or someone from the team who is in a higher position hierarchically will suggest you perform EDD? How does it work in this industry?

[@KYCLookup]

Thanks for the question the decision to perform EDD is based on the multiple risk factors, if the result is additional diligence is required then EDD is performed.

[@dineshsomaiya7310]

Can you please make video on client on boarding process

[@KYCLookup]

Good suggestion!! 👍

[@saikumarkallagunta363]

Can u please do a video on TPPP, MSB and FINTECH

[@KYCLookup]

@Saikumar Kallagunta Thank you for the support and suggestion. Third Party Payments is a good one and so is Money Service Businesses. In regards of Fintechs we also covered it under the below tutorial. Fintechs in the AML space kzbin.info/www/bejne/nl65f3-ZfqmhqpY Once again, thank you for the support!!

[@s.g.faisalmoin5250]

Thanks

[@KYCLookup]

No, Thank you for the support. Hope you liked the video

[@ModleJanki]

What is the Difference between Enhance due diligence and due diligence Is Due diligence and Enhance due diligence are same

[@KYCLookup]

@Madrit Janaki Thank you for the comment and for the support 😀 - Very good idea

[@francescabautista-kolenic3146]

Can you please make a video on country risk

[@KYCLookup]

@Francesca Bautista Thank you for the comment and suggestion. Thats a good one. 👍

[@knowledgefrombooks710]

Please do video on KYc Remediation

[@KYCLookup]

thanks for the suggestion. thats a very good one

[@paragpareek24]

OFAC , OFSI , RDC

[@KYCLookup]

@parag Pareek Thanks for the comment and suggestion.

[@shwetharajanna8180]

Fatca , crs , Dodd Frank , non profit organization - would need your help on it

[@KYCLookup]

@Shewetha Rajanna Thank you for the suggestion. 👍

[@shwetharajanna8180]

@@KYCLookup thank you

[@priyashankar7940]

Nicee

[@KYCLookup]

Thanks for the comment. We are glad you liked it.

[@____arun01]

Sir mera account blocked or freezen ho gya h tho bank vale mujse EDD form submit kerva rahe h sir kya hota h is form me sir please help 😢

[@____arun01]

Please help me 😭

[@KYCLookup]

Thank you the comment, however i dont fully understand your query.

[@KYCLookup]

I have just responded, if you can elaborate on how we can help, that would be appreciated

[@____arun01]

Instagram I'd send please

[@kkjobs7573]

Bhai apka solve huva kya

[@artursilveira3522]

Great video!

[@KYCLookup]

@Artur Silveira Thanks for watching and the comment. 👍👍

[@kkjobs7573]

Sir my Bank account debit freeze says EDD required what to do now sir please tell me please send me your mobile number

[@naturalbeauty8913]

Just keep providing knowledge 👍👍👍

[@KYCLookup]

@Natural Beauty Thanks for the comment. Yes, we will keep brining you great content. 👍