Skip to main content

Documentation Index

Fetch the complete documentation index at: https://docs.dollarpe.xyz/llms.txt

Use this file to discover all available pages before exploring further.

Enhanced Due Diligence (EDD) is an extra verification step required under AML and CFT regulations. It confirms that a user’s activity, source of funds, and transaction purpose are legitimate. EDD reviews usually complete in 24 to 48 hours.

​
When EDD is triggered

EDD can be triggered for both Onramp (Payin) or Offramp (Payout) flows when any of the following occur:
Transaction milestone threshold reachedSuspicious activity or red flag indicator detectedUser requests to increase daily limit to a higher tier

​
Documents required for EDD

The documents required depend on the declared purpose of the user’s crypto activities.
PurposeDocuments required
InvestmentTrade statements or investment portfolios from crypto platforms showing holdings and personal details, AND documents showing crypto activities (ICO, staking, DeFi), OR last year’s ITR or AIS, OR Net Worth Certificate. Documents (except tax statements) must be issued within the last 3 months and cover at least 1 year. Tax documents should cover the latest tax year.
TradingAccount statements and trade history from all crypto platforms showing holdings, personal details, dates, assets, and transaction amounts, AND deposit and withdrawal records, AND proof of trading capital origin. Documents must be issued within the last 3 months and cover at least 1 year.
PaymentsContracts, invoices, or payment receipts including your name and the recipient’s name with details of goods or services (e.g., freelancing, consulting).
Lending or repaymentsSigned loan agreement or repayment declaration with names, amounts, purpose, and terms.
GiftingLegally executed gift deed or signed declaration letter identifying the donor, recipient, and gift purpose.
Donations or charityOfficial donation receipt or acknowledgment from a registered Indian NGO specifying purpose and beneficiary.
RemittanceSigned declaration with the recipient’s name, relationship, correspondence, remittance amount, and purpose (e.g., family support, education, medical expenses).
Legal settlementsSettlement agreements or legal documents involving crypto transfers (e.g., divorce, inheritance, business settlements).

​
Possible EDD failure reasons

Under the “Prohibition of Tipping Off” clause in FIU India’s AML/CFT guidelines, we may not be able to share exact reasons for EDD failures. Disclosing specific reasons could allow users to manipulate documents or responses to bypass compliance checks.
Common internal reasons for EDD failure (not shared with customers):
  • Submitted documents appear forged or edited
  • Bank statements are inconsistent with the declared source of income
  • Bank statements are inconsistent with the Income Tax Return (ITR)
  • Frequent cash deposits in submitted bank statements
  • Bank statement provided for a different account than the one declared
  • Supporting documents do not match the declared purpose for a higher limit request
  • Frequent involvement in P2P trading activities (especially Offramp)
  • Source of funds could not be confirmed from bank statements
  • Source of funds appears suspicious
  • Law enforcement inquiries or flags raised during EDD checks
  • Suspicion that the user’s crypto or bank account is operated by a third party
  • Any suspicious activity or red flag indicator triggered
This list is not exhaustive.