BSA/AML Examiner School - Case Study Oct 2023

LCB12/15 Transaction Testing Checklist 9.2: Purchase and Sale of Monetary Instruments

Date of Purchase 09/02/2015 11/13/2015 12/11/2015

Purchaser Name

Item #

Amount

I XXXX 2 XXXX 3 XXXX

8187 8251 8274

$4540 $6750

$3789.06 (cash in- $3800.11)

Sales of Monetary Instruments

1

2

3

Review additional transaction information of this purchaser, if any. Arc the amounts, the frequency of purchases, and payees are consistent with expected activity for customers or non-customers (e.g., payments to utilities, household purchases)? If any activity appears to be suspicious, review the decision whether or not to file a SAR using the "SAR Decision Process" checklist in Chapter 5.

NA NA NA

NA NA NA

7 4