Which red flag should a compliance officer prioritize first for investigation?
A.
A loan is paid off in full with cash after the sale of the vehicle that was used as collateral for the loan.
B.
Several cross-border transfers are received and immediately wired to another beneficiary.
Most Votes
C.
A customer has 20 monthly transactions that are repetitive but less than $500 USD per transaction.
D.
A convenience store cashes government checks for its customers in amounts less than $1,000 USD per day.
Answer:
C
User Votes:
A 6 votes
50%
B 90 votes
50%
C 37 votes
50%
D 6 votes
50%
Discussions
0/ 1000
tinaguha
1 year, 3 months ago
Several cross-border transfers are received and immediately wired to another beneficiary.
AnaA.
1 year, 1 month ago
R. Un prêt est remboursé intégralement en espèces après la vente du véhicule qui a servi de garantie pour le prêt. B. Plusieurs virements transfrontaliers sont reçus et immédiatement transférés à un autre bénéficiaire. C. Un client effectue 20 transactions mensuelles répétitives mais inférieures à 500 USD par transaction.
lll
10 months, 2 weeks ago
Several cross-border transfers are received and immediately wired to another beneficiary.
adnan_shaikat
6 months, 4 weeks ago
C. A customer has 20 monthly transactions that are repetitive but less than $500 USD per transaction.
ndhami
4 months, 1 week ago
customer has 20 monthly transactions that are repetitive but less than $500 USD per transaction.
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Several cross-border transfers are received and immediately wired to another beneficiary.
R. Un prêt est remboursé intégralement en espèces après la vente du véhicule qui a servi de garantie pour le prêt.
B. Plusieurs virements transfrontaliers sont reçus et immédiatement transférés à un autre bénéficiaire.
C. Un client effectue 20 transactions mensuelles répétitives mais inférieures à 500 USD par transaction.
Several cross-border transfers are received and immediately wired to another beneficiary.
C. A customer has 20 monthly transactions that are repetitive but less than $500 USD per transaction.
customer has 20 monthly transactions that are repetitive but less than $500 USD per transaction.