CAMS Exam Dumps | Which transaction monitoring processes would alert a bank for red flag activity?

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Question 213/263

Which transaction monitoring processes would alert a bank for red flag activity?

A. A client who does not typically make extravagant credit card purchases books an airline ticket on a travel website.

B. The company has a name that is similar to that of a company whose directors are named on the bank's internal blacklist.

C. A client makes a prepayment on their credit card and a week later makes multiple cash withdrawals using an automated teller machine (ATM) in a foreign country.

D. A charity account receives multiple electronic transfers and then sends a wire transfer to a higher-risk country.

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Question 213/263

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