BSA-AML Examiner School Case Study eBook

Please check one of the following for each category:

Low No transactions with high-risk geographic locations.

Moderate X Minimal transactions with high-risk geographic locations.

High Significant volume of transactions with high- risk geographic locations. High On the basis of information received from the BSA-reporting database, there is a significant volume of large currency or structured transactions.

Comments The bank is located in a HIDTA; therefore, this is considered moderate risk. Although we are in a HIDTA, we have not seen any

transactions that would be considered drug related. Comments

Low X On the basis of information received from the BSA-reporting database, there are few or no large currency or structured transactions.

Moderate On the basis of information received from the BSA-reporting database, there is a moderate volume of large currency or structured transactions.

The currency transaction reports that show all currency transactions over $3000 are reviewed on a daily basis. A CTR is filed if required. The number of CTR’s is fairly low. Structuring is also monitored on the currency transaction reports.

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