ACAMS
CAMS · Question #747
CAMS Question #747: Real Exam Question with Answer & Explanation
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Question
An international bank is investigating a payment requested by one of its correspondent relationships that generated an alert in the automated transaction monitoring system. The payment originated from a corporation located in Hong Kong, and the final beneficiary is an individual in New York. Which steps should the bank take first to address the alert? (Select Three.)
Options
- ACall the receiving individual to review identity verification documents.
- BConfirm that neither the beneficiary nor the originator are sanctioned parties.
- CRequest supporting documents, including invoices and contracts, to confirm the purpose of the
- DCheck for negative news in public sources on the sender and receiver.
- ESend a 314(b) request to the corporation's bank in Hong Kong.
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