CAMS Exam Dumps | An immigrant residing in the United States opens a bank account that includes a debit card. Several months

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Question 273/304

An immigrant residing in the United States opens a bank account that includes a debit card. Several months later, the transactional monitoring system identifies small deposits into the account followed by corresponding ATM withdrawals from a country bordering a conflict zone.
How should the bank respond?

A. Block any further activity

B. File a suspicious transaction report

C. Initiate an investigation into the activity

D. Contact the customer if the transaction activity continues

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