ACAMS
CAMS · Question #407
Why would a credit card account likely not be used in the placement stage of money laundering?
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Risks and Methods of Money Laundering and Terrorist Financing
Question
Why would a credit card account likely not be used in the placement stage of money laundering?
Options
- ACustomer identification is required
- BCash payments are generally restricted
- CCredit refunds have a waiting period
- DCredit cards can access ATMs globally
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Topics
#placement stage#credit cards#cash restrictions#money laundering stages