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 41 votes
50%
B 267 votes
50%
C 164 votes
50%
D 11 votes
50%
Discussions
0/ 1000
tinaguha
1 year, 6 months ago
The answer is B and C.
arkonis
1 year, 5 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, 4 months ago
C. an alert is generated by a transaction monitoring system.
neginarotam
1 year, 4 months ago
B. cash transactions have values which avoid reporting thresholds.
laneshapenrose
1 year, 4 months ago
B. B. cash transactions have values which avoid reporting thresholds.
Kleopapp
1 year, 4 months ago
B. cash transactions have values which avoid reporting thresholds.
alinemaidla
1 year, 4 months ago
cash transactions have values which avoid reporting thresholds & an alert is generated by a transaction monitoring system.
AnaA.
1 year, 4 months ago
B. cash transactions have values which avoid reporting thresholds.
AnaA.
1 year, 4 months ago
B. les transactions en espèces ont des valeurs qui évitent les seuils de déclaration.
AnaA.
1 year, 4 months ago
D. D. Les transactions en espèces ont des valeurs qui évitent les seuils de déclaration.
AnaA.
1 year, 4 months ago
C. une alerte est générée par un système de surveillance des transactions.
damola.adeyoyin
1 year, 3 months ago
B. cash transactions have values which avoid reporting thresholds
damola.adeyoyin
1 year, 3 months ago
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adnan_shaikat
1 year, 3 months ago
B implies the activity related to Structuring which would be a reason to file a STR
adnan_shaikat
1 year, 3 months ago
cash transactions have values which avoid reporting thresholds.
adnan_shaikat
1 year, 3 months ago
B. cash transactions have values which avoid reporting thresholds
adnan_shaikat
1 year, 3 months ago
B. cash transactions have values which avoid reporting thresholds.
dinbits
1 year, 3 months 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, 2 months ago
B. cash transactions have values which avoid reporting thresholds.
Sheila
1 year, 2 months ago
The answer is B
Sheila
1 year, 2 months ago
The answer is C
manunikhikulkarni
1 year, 2 months ago
C. an alert is generated by a transaction monitoring system.
Nathaly
1 year, 2 months ago
B. cash transactions have values which avoid reporting thresholds. C. an alert is generated by a transaction monitoring system.
ldj32780
1 year, 2 months ago
B and maybe C.
ldj32780
1 year, 2 months ago
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varun_nanda
1 year, 2 months ago
cash transactions have values which avoid reporting thresholds.
Ramzi
1 year, 2 months ago
B. cash transactions have values which avoid reporting thresholds.
Ramzi
1 year, 2 months ago
B. cash transactions have values which avoid reporting thresholds.
elyserrano
1 year, 2 months 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
1 year, 1 month 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
1 year, 1 month ago
an alert is generated by a transaction monitoring system.
sunnyvarughese
1 year, 1 month ago
an alert is generated by a transaction monitoring system.
Tukahirwa
1 year, 1 month ago
B. cash transactions have values which avoid reporting thresholds.
orgertaabazi
1 year ago
C. an alert is generated by a transaction monitoring system.
orgertaabazi
1 year ago
C. an alert is generated by a transaction monitoring system
Divyabajaj1990
1 year ago
c an alert is generated by a transaction monitoring system.
sulekhasingh
11 months, 1 week ago
an alert is generated by a transaction monitoring system.
sekijogos
10 months, 3 weeks ago
Should be B
dion_loef
10 months, 2 weeks ago
B. cash transactions have values which avoid reporting thresholds.
relhaddad
10 months, 1 week ago
cash transactions have values which avoid reporting thresholds.
kmurtaza465
10 months ago
C. an alert is generated by a transaction monitoring system.
Khizer
9 months, 3 weeks ago
an alert is generated by a transaction monitoring system.
talk2preet
9 months ago
Correct answer should be B as not every alert from a TM system results in filing a SAR
Jenren
9 months ago
Avoid reporting
Josephine
8 months, 4 weeks ago
B avoid reporting thresholds c. an alert is generated by a transaction monitoring system
farhanromi
8 months, 3 weeks ago
B. cash transactions have values which avoid reporting thresholds.
farhanromi
8 months, 3 weeks ago
B. cash transactions have values which avoid reporting thresholds.
farhanromi
8 months, 3 weeks ago
B. cash transactions have values which avoid reporting thresholds.
farhanromi
8 months, 3 weeks ago
B. cash transactions have values which avoid reporting thresholds.
lamiyehi
7 months, 2 weeks ago
B. cash transactions have values which avoid reporting thresholds.
Chrissy1717
7 months, 1 week ago
Answer is B
nagesh
7 months ago
B. cash transactions have values which avoid reporting thresholds.
Radhika
7 months ago
B is the answer
ndhami
6 months, 2 weeks ago
cash transactions have values which avoid reporting thresholds.
Hussain
6 months, 2 weeks ago
cash transactions have values which avoid reporting thresholds.
xcheatham
6 months, 1 week ago
B. cash transactions have values which avoid reporting thresholds.
Abhay9582303944
5 months, 3 weeks ago
A and C
rodrigomcf
5 months, 2 weeks ago
B. cash transactions have values which avoid reporting thresholds.
Rbongo1990
4 months 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
4 months ago
Looks correct to me
lf
2 months, 2 weeks ago
B. cash transactions have values which avoid reporting thresholds.
dionette_tayl
2 months 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.
B. cash transactions have values which avoid reporting thresholds