Due Diligence – BELANA is specializing in advice and the outsourcing of financial management for small to medium-sized enterprises (SMEs), both domestically and across borders.

Customer due diligence (CDD) is at the heart of Anti-Money Laundering (AML) and Know Your Customer (KYC) initiatives, and is designed to help banks and financial institutions verify if customers are who they say they are, confirm they’re not on any prohibited lists and assess their risk factors. Put simply, CDD is the act of performing background checks on the customer to ensure that they are properly risk-assessed before being onboarded.