Definition
Enhanced Due Diligence (EDD)
The additional scrutiny applied to customers a risk assessment places in a higher-risk category — deeper source-of-funds and source-of-wealth work, senior approval, and more frequent review.
By Bart Mierzejewski · Founder, FinCrime Desk · Reviewed Sep 19, 2026
Why it matters
EDD is where judgement lives. An analyst who can write a defensible source-of-wealth assessment for a complex private-banking relationship is worth considerably more than one who can only clear alerts, and the pay data reflects it.
In practice
Triggers typically include politically exposed persons, correspondent banking relationships, cash-intensive businesses, high-risk jurisdictions, complex ownership structures, and private banking accounts over specified thresholds. Source of funds (where this particular money came from) and source of wealth (how the customer's overall wealth was accumulated) are distinct questions and interviewers ask candidates to separate them.