ACAMS
CAMS · Question #176
CAMS Question #176: Real Exam Question with Answer & Explanation
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Question
Outgoing foreign transactions of similar amounts trigger a monitoring alert for a customer's accounts. During the evaluation of the accounts, the bank discovers the wire transfers were very small amounts and occurred within the last 3 months following a long period of inactivity. The wire transfers appear to originate from legal sources. To assess the potential of terrorist financing, the institution must ensure the
Options
- Aaccount holder presents proof the funds are legal.
- Bbeneficiaries of transfers are not on a terrorist watch list.
- Cbeneficiaries of transfers are not included on the Transparency International List.
- Daccount holder does not reside in a country included on the U.S. State Department State
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