AML ANTI-LAUNDERING PROGRAM
An anti-money laundering (AML) program is a set of procedures designed to guard against someone using the firm to facilitate money laundering or terrorist financing.
1 / 10
Which of the following sentences best describes a red flag?
2 / 10
How many days does an MSB have to file a SAR-MSB through a monetary services company after determining that such transaction series transaction is suspicious?
the customer changes the amount to $ 2500 and returns the next morning to send the remaining $ 1000. Which of the following measures should you take?
3 / 10
A consumer wants to send $ 3500 to an associate in another city. When you ask for an identification
4 / 10
Should a CTR be submitted when a consumer performs any transaction or series of transactions on a business day that involves cash in or out higher than the dollar limit?
5 / 10
The requirements of the Bank Secrecy Act for money transfers include obtaining information about consumers who send or receive which of the following amounts?
6 / 10
Which of the following documents you do not need to keep for 5 years?
7 / 10
Within what number of days do MSBs have to submit a CTR after reporting cash transactions?
8 / 10
Which of the following is the basis of USA against money laundering?
9 / 10
Terrorist financing may be different from money laundering. Which of the following sentences best describes this difference?
10 / 10
Which of the following are not acceptable forms of identification for the transaction of money transfers of $ 3000.00 (BSA)
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