A relevant institutions must inform OFSI without delay whenever it credits a frozen account with which of the following?

A relevant institutions must inform OFSI without delay whenever it credits a frozen account with which of the following?
A . Payments made without the prior consent of the legal person or designated person
B. Payments due under prior contracts
C. Funds transferred to an account by a third party
D. Payments made under judicial decisions rendered in an EU member state
E. Funds dealing with breaches of licensing conditions

View Answer

Answer: B,C,D

Explanation:

A relevant institutions must inform OFSI without delay whenever it credits a frozen account with:

• payments due under prior contracts

• payments made under judicial decisions rendered in an EU member state

• funds transferred to an account by a third party