ACAMS
CAMS · Question #100
Which method is used to launder money via wire remittances sent through a bureau de change or money services business?
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Risks and Methods of Money Laundering and Terrorist Financing
Question
Which method is used to launder money via wire remittances sent through a bureau de change or money services business?
Options
- AA customer in country A makes a weekly small wire transfer to the bank account of an individual
- BA customer in country A makes frequent wire transfers to a single customer in country B that are
- CA large number of wire transfers are sent from a large number of senders in country A to a large
- DA customer in country A receives four small wire transfers from four different individuals located in
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Topics
#wire transfers#bureau de change#money services business#smurfing