Compliance
The regulators of Paxum Bank Limited
Who is the Financial Services Unit
The individual or entity who will ultimately be satisfied from a transaction.
Who is the beneficiary?
A cohesive set of applications that work collectively to run an entire business on the cloud and main CRM tool.
What is Zoho?
This is found on Page 1 of the Application form.
What is the required document checklist?
This has no muscles but achieve movement thanks to a combination of bones, tendons and muscles.
What is Fingers?
Filtering money through a series of transactions and multiple transactions to conceal the source.
What is Layering?
The custodian to Paxum Bank's USD international wire transfers.
Who is ReserveTrust?
Screening platform that manage risk obligations and counteract financial crime.
What is ComplyAdvantage?
This is completed by Non-Us Residents and Companies.
What is the W-8BEN-E Form?
These creatures walk on water and breath under it too.
What is a spider?
Written guidelines that relates to the unique Company circumstances, its products and its services.
What is the AFC Policy?
Responsible for performing the day to day transactions and duties of the business.
Who is the Operations Officer?
A cloud-based suite of productivity apps used for document development, presentation, spreadsheets and email.
What is Office 365?
The documentation of the decision made by a Corporation's Board or Shareholders on behalf of the Corporation to enter into business.
What is the Resolution of the Board of Directors?
The name of the almost every day inspirational kickstarter sent out by the Operations Officer.
What is #MotivationalDaily?
The individual, with the necessary authority, appointed to be responsible for the implementation of the compliance program.
Who is the Chief Compliance Officer?
A payment message type/format used for cash transfer specifically for cross border/international wire transfer.
What is an MT103 Swift Message?
A collaboration app that helps your team stay organized and have conversations—all in one place.
What is Microsoft Teams?
The preferred proof of Identity.
What is a Passport?
Having many syllables or using long words.
What is sesquipedalian?
An investigation, audit, or review performed to confirm facts or details of a matter under consideration.
What is Due Diligence?
Used to put correspondent bank identifier when beneficiary bank requires swift code instead of ABA routing number.
What is field 56A?
A unified, end-to-end identity verification and eKYC platform offering a range of identity proofing services to accurately establish, maintain and reassert trust from account opening to ongoing transaction monitoring.
What is Jumio?
The account maintenance fee.
What is $0.00?
Today's thought for the day was a quote from him.
Who is Dr. Suess?