Classify common account-opening and transaction events into the relevant BSA/AML process.
Sort the event into the BSA/AML process that primarily owns it. CIP CDD OFAC CTR SAR Review Collect and verify a new customer's identifying information Update beneficial ownership after a legal entity changes control Potential match against a sanctions list during screening Large cash transaction reaches reportable currency-transaction threshold Rapid wires do not fit the customer's expected activity Customer's account purpose changes from payroll to money-service activity
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