ACAMS
CAMS · Question #226
CAMS Question #226: Real Exam Question with Answer & Explanation
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Question
A bank provides trade financing for a company whose primary export is steel. Which action by the company indicates possible money laundering?
Options
- AThe company often deals with foreign currency exchanges.
- BThe company regularly understates the value of goods exported.
- CThe company frequently sells above or below its competitors' price.
- DThe company frequently transfers funds to other bank accounts located in other jurisdictions.
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