What is a key risk associated with Correspondent Accounts according to the Basel Customer Due Diligence paper?

What is a key risk associated with Correspondent Accounts according to the Basel Customer Due Diligence paper?
A . It is not used on a daily basis
B . The service fees are insufficient to cover the cost of managing the account
C . The respondent bank’s customer acceptance and know your customer policies are ineffective
D . The volume and value of transactions passing through the account may not be in line with the original correspondent agreement

Answer: C

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