When should Client Due Diligence be applied to a high value dealer?

For high value dealers, Client Due Diligence (CDD) should be applied when:

  1. payments worth €10,000 or more are made to a supplier.
  2. an occasional transaction worth €10,000 or more is carried out.

Article ID: 2914
Last updated: 10 Jun, 2019
Revision: 1
AML -> When should Client Due Diligence be applied to a high value dealer?
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