What EDD Is
Enhanced Due Diligence (EDD) is an additional compliance review that applies to larger fiat payouts — generally bank transfers above $20,000. It's a standard part of regulated financial services for higher-value transfers.
When it applies
EDD is tied to larger bank (fiat) payouts. Crypto-wallet (USDC) payouts and smaller loans generally don't trigger it.
What to Expect
After you sign your loan agreement, the review runs in the background and can raise your transfer limit so the larger payout can clear. It may add anywhere from a few hours to a little longer, depending on the review.
- Your signed agreement is filed automatically as part of the review.
- Your transfer limit is raised once the review clears.
- Your funds then continue through the normal bank-payout steps.
While You Wait
If your larger transfer is held for review for an unusually long time, email support@bitlendex.com from your account email and we'll check the status for you.
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