ACAMS
CAMS · Question #218
What are three factors a financial institution should examine with regard to a new customer who is opening up a new account? Choose 3 answers
Sign in or unlock CAMS to reveal the answer and full explanation for question #218. The question stem and answer options stay visible for context.
AML/CFT Compliance Programs
Question
What are three factors a financial institution should examine with regard to a new customer who is opening up a new account? Choose 3 answers
Options
- AThe country or location where the customer is from or does business
- BThe type and size of the business the customer runs
- CThe legal structure of the customer's business
- DThe previous financial institutions where the customer has banked
Unlock CAMS to see the answer
You've previewed enough free CAMS questions. Unlock CAMS for full answers, explanations, the timed quiz mode, progress tracking, and the master PDF. Question stem and options stay visible so you can still see what's on the exam.
Topics
#customer due diligence#new account opening#KYC#customer risk factors