CAMS Exam Dumps | A customer living in a high-risk jurisdiction makes frequent, large cash deposits at a bank. The same

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Question 107/263

A customer living in a high-risk jurisdiction makes frequent, large cash deposits at a bank. The same customer sends small wire transfers to unrelated parties in other high-risk jurisdictions.
What are two red flags that may indicate money laundering? (Choose two.)

A. The bank allows cash deposits

B. The client resides in a high-risk jurisdiction

C. Wire transfers are to high-risk jurisdiction

D. Large cash deposits are from a high-risk jurisdiction

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Question 107/263

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