ACAMS
CAMS · Question #145
CAMS Question #145: Real Exam Question with Answer & Explanation
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Question
A customer has held an account at a local credit institution for 10 years. The account has received deposits twice weekly for the same amount and has never shown signs of suspect behavior. Monitoring software indicated that in the past few months the account has received several large deposits that were not in line with the account history. When asked, the customer states she recently sold a piece of property, which is supported with a proof of sale. Which of the following should the compliance officer do next?
Options
- AInvestigate these unusual transactions further.
- BContact the local Financial Intelligence Unit for advice.
- CFile a suspicious transaction report with the competent authorities.
- DDocument reasons for not filing a suspicious transaction report.
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