ACAMS
CAMS · Question #574
A customer runs an export business for agricultural products. There has been steady growth over the years from sales to the Caribbean region. A sudden increase is noted in this customer's account bala
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Conducting and Responding to Investigations
Question
A customer runs an export business for agricultural products. There has been steady growth over the years from sales to the Caribbean region. A sudden increase is noted in this customer's account balances during the last month. On what grounds should an anti-money laundering specialist prepare a suspicious transaction report?
Options
- AThe increased activity is due to money order deposits.
- BWire transfers are coming from a Financial Action Task Force member country.
- CThe client changed his address without advising the institution.
- DTravelers checks (cheques) were purchased for trips to a Non-Cooperative Countries and
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Topics
#suspicious transaction report#NCCT#travelers checks#STR grounds