Non-cash deposits

Red flags include:

  • Frequent purchase of monetary instruments

  • Deposits travellers cheques in same denomination and serial number sequence or consecutively numbered monetary instruments

  • Deposits third party cheques




Next Topic: Wires

Previous Topic: Cash transactions

Get the Book & Pass First Time!

Includes all the study notes, the mock exam and detailed explainations of the answers

Get the AML Book & Pass First Time - Instant PDF Download