Who should Bank A file a suspicious transaction report on?

Bank A is located in Country A. A wire transfer from Bank B located in Country B is processes by Bank A, where the funds are being moved to a customer at Bank C located in Country C. The wire transfer is deemed suspicious by Bank A.

Who should Bank A file a suspicious transaction report on?

A. The transaction in Country A

B. Bank B in Country A

C. The transaction in Country B

D. Bank C in Country C

View Answer

Answer: A