ACAMS
CAMS · Question #506
CAMS Question #506: Real Exam Question with Answer & Explanation
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Question
A bank's transaction surveillance system triggers an alert for a deposit of 250.000 USO into a client's account. According to the bank's KYC information, the client works for a financial advisory firm, and earns approximately 100,000 USD per year. Which actions should be taken? (Select Three.) File the suspicious transaction immediately to the financial intelligence unit.
Options
- ADiscard the alert as a false positive hit
- BRequest information and documentation from the client on the background of the transaction.
- CContact the client advisor to learn if he has any insight on the transaction background.
- DReview the alert if the deposit is made in cash.
- EReview the transaction background in the bank's transaction platform.
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