CAMS Exam Dumps | A foreign bank operating under an offshore license wants to open a correspondent account with a United

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Question 13/263

A foreign bank operating under an offshore license wants to open a correspondent account with a United States (U.S.) bank. The foreign bank plans to provide payable through account services to some of its customers.
What must the foreign bank provide to the U.S. bank under the USA PATRIOT Act?

A. A list of politically exposed persons who are owners of the correspondent bank

B. A list of account holders at the financial institution who will use the payable through account

C. The person in the United States who can receive service of legal process for the correspondent bank

D. A list of anti-money laundering training records for the financial institution employees monitoring payable through account transactions

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Question 13/263

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