Which customer behaviour might indicate potential risk of money laundering?

Behaviour that might suggest money laundering risk could be when a customer:

  1. does not want to give identification, or provides an identification that is not satisfactory.
  2. does not want to reveal the name of a person they represent.
  3. enters into transactions that do not make commercial sense.
  4. agrees to bear very high or uncommercial penalties or charges.
  5. is involved in transactions where you cannot easily check where funds have come from.


Article ID: 2944
Last updated: 10 Jun, 2019
Revision: 1
AML -> Which customer behaviour might indicate potential risk of money laundering?
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