CAMS Exam Dumps | Which of the following activities are considered money laundering red flags when reviewing business operations

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Question 90/374

Which of the following activities are considered money laundering red flags when reviewing business operations of a money services business (MSB)? (Select Two.)

A. A customer exchanging foreign currency from a higher-risk jurisdiction for domestic currency under the reporting threshold.

B. Cash-intensive businesses, such as convenience stores or restaurants, making large cash deposits.

C. A customer completing frequent small-dollar international money transfers to their native country.

D. A customer being hesitant to provide beneficiary name or address information when sending international wire transfers.

E. A customer using multiple accounts under different names to conduct transactions.

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