Which red flag should prompt additional transactional review?

A bank compliance officer has implemented enhanced monitoring rules that have identified some unusual activity that may be indicative of human trafficking.

Which red flag should prompt additional transactional review?
A . Wire transfer activity from countries with significant migrant populations
B . Cash deposits that occur in cities where the customer resides and conducts business
C . Cash deposits that occur in cities where the customer does not reside or conduct business
D . Cash deposits that occur in cities where the customer does not reside or conduct business followed by same-day withdrawals

View Answer

Answer: D