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NEW QUESTION: 1
Outgoing foreign transactions of similar amounts trigger a monitoring alert for a customer's accounts. During the evaluation of the accounts, the bank discovers the wire transfers were very small amounts and occurred within the last 3 months following a long period of inactivity. The wire transfers appear to originate from legal sources. To assess the potential of terrorist financing, the institution must ensure the
A. account holder presents proof the funds are legal.
B. beneficiaries of transfers are not included on the Transparency International List.
C. account holder does not reside in a country included on the U.S. State Department State Sponsors of Terrorism List.
D. beneficiaries of transfers are not on a terrorist watch list.
Answer: C

NEW QUESTION: 2

A. Option C
B. Option D
C. Option A
D. Option B
Answer: A

NEW QUESTION: 3

- <Customer CustomerID = "ALFKI" ContactName = "Maria Anders" Phone = "030-007-
4321 "/>

4729 "/>

A. Option E
B. Option F
C. Option H
D. Option A
E. Option C
F. Option D
G. Option G
H. Option B
Answer: D

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