CDD and KYC: Wwft for Payment Institutions

The training CDD and KYC: Wwft for Payment Institutions has been developed in cooperation with the United Payment Institutions Netherlands (VBIN) to provide you with basic Wwft knowledge in the field of customer research. Risk factors of money laundering and terrorrist financing will be covered during this training. And you will learn to create and record risk assessments of natural persons and legal entities. You will study the relevant laws and regulations and test your knowledge in assignments. With the gained insights from this training, you become of increased value to your colleagues.

Target group

This training is suitable for all employees of payment service providers and electronic money institutions. The training is suitable to, amongst others, employees from the departments sales, IT (who develop solutions to implement and record KYC or CDD processes), support desk (for customer questions) or communication.

Preliminary education

There are no specific prior education requirements for this training.

Study load and duration

You will follow the course via e-learning. You determine your own study pace. The average duration of this course is 1 month. Course preparation and assignments approximately take 2 tot 3 hours.

Course materials

You will use the latest literature and receive access to a modern online learning environment. This online learning platform includes all information required for your training.

Goal and structure

What do supervisors pay attention to? And where can you find important information? These and other questions will be discussed during the training. You will gain insight into useful and important websites and we will take you through the guidelines and reports of the regulator. This way you build your library, which helps you to understand the CDD profession.