The limits for open and closed Gift Cards.
What is open loop at 1000?
What is closed loop at 2000? (others may have lower limits)
What are RUN, HIDE, and FIGHT?
What is structuring?
A SCO walkoff can only be reversed if the customer returns to pay
False, three different reasons
Alice Herrera is listed as our ______ ________.
What is a Compliance Officer?
What is 10,000 dollars?
What are MSB, Dodd-Frank, Fraud Refresher?
Certain behaviors /characteristics about a customer or transaction that could cause you to be concerned about the true nature of the transaction.
All funds received from the Guarda must be secured behind the safe for at least 30 mins.
False
____ ____ ____ must be initialed for the review and retained for a period of ____ months
What is M.O close out, W.U receipts, daily monitory reports, and 6?
these are examples of consumer fraud.
emergency scam, grandparent, lotto/prize, employment, fake checks, etc
Who is Smitty Werbenjagermanjensen?
The process of knowingly concealing the source of illegal money by conducting transactions to make the money appear legitimate.
What is Money laundering?
it is against the law to inform a customer that a Sus. Activity Report is being filed
true
The Bank Secrecy Act is a law created by congress to help the US Govt identify and detect _____ _____.
What is Criminal Activity?
what are 7499.99, 7499.99, 7500 (inclusive fees)?
What are wide base for balance,
lower bottom/hips
power zone
chest out/chin up
lift with the legs
move and step, no twist!
A summary of the financial details for the W.U transaction.
What is a P.D.S (Pre-transaction disclosure statement)?
False. it is 2500
Under the Dodd-Frank Act, a transaction is considered to be $_____ or more going outside the U.S.
What is 15 Dollars?
The amount of time to keep a Sus. Activity Report.
What are copy of receipt, M.O log, M.O exception, and M.O closeout?
When one person pays several individuals to purchase services (such as M.O, Gift Cards, pre-paid cards, send/receive) conceal the identity if the original person who hired them.
What is considered smurfing?
It was the U.S Patriot Act that strengthen the ability of the Govt, law enforcement agencies, and the financial industry to combat Money laundering terrorist organization
True
The highlighted discrepancies cash controllers are responsible for resolving on the store overage/shortage report are ____, ____, ____.
What are Bank 99, SCO misdispense, EPS Corrections?