What type of information is typically required in a customer due diligence (CDD) process?

The customer due diligence (CDD) process is a critical component of anti-money laundering (AML) practices and is designed to gather essential information about a customer to assess their risk level. The correct choice includes fundamental identifying details such as the customer's name, address, date of birth, Social Security number, and occupation. This information helps banks and financial institutions establish a clear profile of the customer, verify their identity, and assess the potential risk of illicit activities.

By collecting these specific data points, institutions can ensure compliance with regulatory requirements, conduct effective risk assessments, and monitor transactions appropriately. This foundational information is vital for preventing identity fraud and ensuring that customers engage in legitimate financial activities. Accurate customer identification is key in maintaining the integrity of financial systems and safeguarding against financial crime.

Other options involve elements that may be useful in different contexts, such as monitoring account activity or assessing creditworthiness, but they do not fulfill the primary objectives of customer due diligence, which focuses on identity verification and risk assessment.