Wires

Red flags include:

  • Incoming wire with instructions to convert to cashiers cheques and to mail them out

  • Wire transfers to secrecy havens

  • Customer moves ‘profits’ out of the country




Next Topic: Safe deposit activity

Previous Topic: Non-cash deposits

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