ACFCS Financial Crime SpecialistExam CFCS Question # 10 Topic 2 Discussion

ACFCS Financial Crime SpecialistExam CFCS Question # 10 Topic 2 Discussion

CFCS Exam Topic 2 Question 10 Discussion:
Question #: 10
Topic #: 2

A customer wishes to open a personal account at Bank A with a cashier's check A representative at Bank A has the customer fill out a questionnaire including questions about the source of wealth as well as the primary purpose of the account.

To perform appropriate due diligence which three activities should Bank A perform? Choose2answers


A.

Conduct enhanced due diligence due to the account being opened with a cashier's check


B.

Take into account factors such as whether the customer lives in a high-risk jurisdiction


C.

Confirm the customers source of wealth including verification of employment


D.

Verity the customer's personal details such as the customer's address both via his provided identification and independently through public record searches


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