Question 1

1. Which of the following is not an example of layering
a) Using cash deposited in a bank account to purchase an asset
b) Exchanging cash for a monetary instrument
c) Using an inbound wire transfer to purchase an asset
d) Using an inbound wire transfer to purchase a monetary instrument



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