PrepAway - Latest Free Exam Questions & Answers

what also occurred?

A quarterly review is conducted on a retail customer’s account at a bank located in a jurisdiction with currency
reporting thresholds. A number of large deposits of financial instruments drawn on other institutions in amounts
under thresholds were noted. This activity did not fit the account’s historical profile. A suspicious transaction
report will most likely be filed if what also occurred?

PrepAway - Latest Free Exam Questions & Answers

A.
The customer has defaulted on a large loan with the bank

B.
The deposited financial instruments were sequentially numbered

C.
Four deposits were made during this period that exceeded the thresholds

D.
The customer purchased financial instruments exceeding the threshold on three occasions


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