A SAR/STR should be filed when the accountable institution identifies that:
A.
a customer makes a cash deposit in round dollars.
B.
cash transactions have values which avoid reporting thresholds.
Most Votes
C.
an alert is generated by a transaction monitoring system.
D.
an employee is not clearing alerts in a timely manner.
Answer:
C
Explanation: Reference: https://www.fdic.gov/regulations/examinations/supervisory/insights/siwin07/article03_connecting. html
User Votes:
A 34 votes
50%
B 230 votes
50%
C 139 votes
50%
D 7 votes
50%
Discussions
0/ 1000
tinaguha
1 year, 3 months ago
The answer is B and C.
arkonis
1 year, 3 months ago
B implies that there are multiple transactions avoiding the threshold which would be a reason to file a STR
abbass.yousaf2000
1 year, 2 months ago
C. an alert is generated by a transaction monitoring system.
neginarotam
1 year, 1 month ago
B. cash transactions have values which avoid reporting thresholds.
laneshapenrose
1 year, 1 month ago
B. B. cash transactions have values which avoid reporting thresholds.
Kleopapp
1 year, 1 month ago
B. cash transactions have values which avoid reporting thresholds.
alinemaidla
1 year, 1 month ago
cash transactions have values which avoid reporting thresholds & an alert is generated by a transaction monitoring system.
AnaA.
1 year, 1 month ago
B. cash transactions have values which avoid reporting thresholds.
AnaA.
1 year, 1 month ago
B. les transactions en espèces ont des valeurs qui évitent les seuils de déclaration.
AnaA.
1 year, 1 month ago
D. D. Les transactions en espèces ont des valeurs qui évitent les seuils de déclaration.
AnaA.
1 year, 1 month ago
C. une alerte est générée par un système de surveillance des transactions.
damola.adeyoyin
1 year, 1 month ago
B. cash transactions have values which avoid reporting thresholds
damola.adeyoyin
1 year, 1 month ago
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adnan_shaikat
1 year, 1 month ago
B implies the activity related to Structuring which would be a reason to file a STR
adnan_shaikat
1 year, 1 month ago
cash transactions have values which avoid reporting thresholds.
adnan_shaikat
1 year, 1 month ago
B. cash transactions have values which avoid reporting thresholds
adnan_shaikat
1 year, 1 month ago
B. cash transactions have values which avoid reporting thresholds.
dinbits
1 year ago
The expected answer is C. However B is also true since the answer, as it is written, implies intent and a textbook example of surfing.
AravindBharathy
1 year ago
B. cash transactions have values which avoid reporting thresholds.
Sheila
12 months ago
The answer is B
Sheila
12 months ago
The answer is C
manunikhikulkarni
12 months ago
C. an alert is generated by a transaction monitoring system.
Nathaly
11 months, 4 weeks ago
B. cash transactions have values which avoid reporting thresholds. C. an alert is generated by a transaction monitoring system.
ldj32780
11 months, 4 weeks ago
B and maybe C.
ldj32780
11 months, 4 weeks ago
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varun_nanda
11 months, 3 weeks ago
cash transactions have values which avoid reporting thresholds.
Ramzi
11 months, 3 weeks ago
B. cash transactions have values which avoid reporting thresholds.
Ramzi
11 months, 3 weeks ago
B. cash transactions have values which avoid reporting thresholds.
elyserrano
11 months, 3 weeks ago
A Suspicious Transaction Report (STR) is a document that financial institutions must file with their Financial Intelligence Unit (FIU) whenever there is a suspected case of money laundering or fraud.
YZ1301
11 months, 1 week ago
Transaction Monitoring system are designed with Algorithms at Back end. TMS some time generate alerts which are not suspicious. If TMS is s accurate then no need of AML specialist.
sunnyvarughese
11 months, 1 week ago
an alert is generated by a transaction monitoring system.
sunnyvarughese
11 months, 1 week ago
an alert is generated by a transaction monitoring system.
Tukahirwa
10 months, 3 weeks ago
B. cash transactions have values which avoid reporting thresholds.
orgertaabazi
9 months, 3 weeks ago
C. an alert is generated by a transaction monitoring system.
orgertaabazi
9 months, 3 weeks ago
C. an alert is generated by a transaction monitoring system
Divyabajaj1990
9 months, 3 weeks ago
c an alert is generated by a transaction monitoring system.
sulekhasingh
8 months, 3 weeks ago
an alert is generated by a transaction monitoring system.
sekijogos
8 months, 1 week ago
Should be B
dion_loef
8 months ago
B. cash transactions have values which avoid reporting thresholds.
relhaddad
7 months, 3 weeks ago
cash transactions have values which avoid reporting thresholds.
kmurtaza465
7 months, 3 weeks ago
C. an alert is generated by a transaction monitoring system.
Khizer
7 months, 1 week ago
an alert is generated by a transaction monitoring system.
talk2preet
6 months, 3 weeks ago
Correct answer should be B as not every alert from a TM system results in filing a SAR
Jenren
6 months, 2 weeks ago
Avoid reporting
Josephine
6 months, 2 weeks ago
B avoid reporting thresholds c. an alert is generated by a transaction monitoring system
farhanromi
6 months, 2 weeks ago
B. cash transactions have values which avoid reporting thresholds.
farhanromi
6 months, 2 weeks ago
B. cash transactions have values which avoid reporting thresholds.
farhanromi
6 months, 2 weeks ago
B. cash transactions have values which avoid reporting thresholds.
farhanromi
6 months, 2 weeks ago
B. cash transactions have values which avoid reporting thresholds.
lamiyehi
5 months ago
B. cash transactions have values which avoid reporting thresholds.
Chrissy1717
4 months, 4 weeks ago
Answer is B
nagesh
4 months, 3 weeks ago
B. cash transactions have values which avoid reporting thresholds.
Radhika
4 months, 2 weeks ago
B is the answer
ndhami
4 months, 1 week ago
cash transactions have values which avoid reporting thresholds.
Hussain
4 months, 1 week ago
cash transactions have values which avoid reporting thresholds.
xcheatham
3 months, 4 weeks ago
B. cash transactions have values which avoid reporting thresholds.
Abhay9582303944
3 months, 2 weeks ago
A and C
rodrigomcf
3 months ago
B. cash transactions have values which avoid reporting thresholds.
Rbongo1990
1 month, 3 weeks ago
C is wrong, TMS can gen. 1000's of alerts, you shouldn't submit an SAR for every alert! That'd be insane!
Salim1475
1 month, 3 weeks ago
Looks correct to me
lf
1 week ago
B. cash transactions have values which avoid reporting thresholds.
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The answer is B and C.
B implies that there are multiple transactions avoiding the threshold which would be a reason to file a STR
C. an alert is generated by a transaction monitoring system.
B. cash transactions have values which avoid reporting thresholds.
B.
B. cash transactions have values which avoid reporting thresholds.
B. cash transactions have values which avoid reporting thresholds.
cash transactions have values which avoid reporting thresholds & an alert is generated by a transaction monitoring system.
B. cash transactions have values which avoid reporting thresholds.
B. les transactions en espèces ont des valeurs qui évitent les seuils de déclaration.
D. D. Les transactions en espèces ont des valeurs qui évitent les seuils de déclaration.
C. une alerte est générée par un système de surveillance des transactions.
B. cash transactions have values which avoid reporting thresholds
Thanks for submitting , your comment will be approved soon by our moderators
B implies the activity related to Structuring which would be a reason to file a STR
cash transactions have values which avoid reporting thresholds.
B. cash transactions have values which avoid reporting thresholds
B. cash transactions have values which avoid reporting thresholds.
The expected answer is C. However B is also true since the answer, as it is written, implies intent and a textbook example of surfing.
B. cash transactions have values which avoid reporting thresholds.
The answer is B
The answer is C
C. an alert is generated by a transaction monitoring system.
B. cash transactions have values which avoid reporting thresholds.
C. an alert is generated by a transaction monitoring system.
B and maybe C.
Thanks for submitting , your comment will be approved soon by our moderators
cash transactions have values which avoid reporting thresholds.
B. cash transactions have values which avoid reporting thresholds.
B. cash transactions have values which avoid reporting thresholds.
A Suspicious Transaction Report (STR) is a document that financial institutions must file with their Financial Intelligence Unit (FIU) whenever there is a suspected case of money laundering or fraud.
Transaction Monitoring system are designed with Algorithms at Back end. TMS some time generate alerts which are not suspicious. If TMS is s accurate then no need of AML specialist.
an alert is generated by a transaction monitoring system.
an alert is generated by a transaction monitoring system.
B. cash transactions have values which avoid reporting thresholds.
C. an alert is generated by a transaction monitoring system.
C. an alert is generated by a transaction monitoring system
c an alert is generated by a transaction monitoring system.
an alert is generated by a transaction monitoring system.
Should be B
B. cash transactions have values which avoid reporting thresholds.
cash transactions have values which avoid reporting thresholds.
C. an alert is generated by a transaction monitoring system.
an alert is generated by a transaction monitoring system.
Correct answer should be B as not every alert from a TM system results in filing a SAR
Avoid reporting
B avoid reporting thresholds
c. an alert is generated by a transaction monitoring system
B. cash transactions have values which avoid reporting thresholds.
B. cash transactions have values which avoid reporting thresholds.
B. cash transactions have values which avoid reporting thresholds.
B. cash transactions have values which avoid reporting thresholds.
B. cash transactions have values which avoid reporting thresholds.
Answer is B
B. cash transactions have values which avoid reporting thresholds.
B is the answer
cash transactions have values which avoid reporting thresholds.
cash transactions have values which avoid reporting thresholds.
B. cash transactions have values which avoid reporting thresholds.
A and C
B. cash transactions have values which avoid reporting thresholds.
C is wrong, TMS can gen. 1000's of alerts, you shouldn't submit an SAR for every alert! That'd be insane!
Looks correct to me
B. cash transactions have values which avoid reporting thresholds.