AMLAWARE | Examples
AMLAware International – Anti-Money Laundering compliance training programs meeting regulatory requirements for insurance companies, the financial services industry, and the banking sector worldwide.
Anti-money laundering, training, training program, training programs, money laundering, insurance, finances, financial industry, banking sector, international, international anti-money laundering
sfwd-topic-template-default,single,single-sfwd-topic,postid-15760,ajax_fade,page_not_loaded,,qode-theme-ver-9.1.3,wpb-js-composer js-comp-ver-,vc_responsive


17 Jun Examples

Topic Progress:

Examples of suspicious transactions include, but are not limited to:


  • Transactions or instructions that make no business sense or have no apparent economic purpose.
  • Transactions or instructions that are unnecessarily complex, illogical, inconvenient, or not the secure way of doing business.
  • Transactions that are much larger, more frequent, or otherwise out of the normal pattern for the customer.
  • Customer refuses to provide information in response to a CDD request.
  • Customer requests transfers to or from high-risk jurisdictions or to entities not connected with the business enterprise.
  • Unnecessary routing of funds through third-party accounts.