Know Your Customer / Enhanced Due Diligence Screening



To assist financial institutions to comply with additional requirements to screen customers and correspondent banks required by the USA PATRIOT ACT and other federal and state regulations, CARCO has developed a cost-effective and timely Enhanced Due Diligence Program.

Through a series of proven screening procedures, we search for warning signs, enabling your institution to quickly recognize and avoid potential problems.

This program is most effectively implemented as part of the institution's standard procedures for vetting new customers and correspondent banks, and is available on a domestic and international basis.