Guidance on Correspondent Banking | Correspondence Account | Correspondent Definition - AML Tutorial

In this video we explore the world of Correspondent Banking and how vulnerable it is to money laundering.

The full items covered in this AML tutorial are:
❂ What is Correspondent Banking
❂ Why is Correspondent banking vulnerable to money laundering?
❂ Consequences for not governing correspondent banking relationships effectively
❂ Example of Bad Correspondent Banking governance

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#Correspondent #Banking #bank

[VinodKongad]

Highly informative! Correspondent Banking is always high risk largely due to the anonymity of the parties involved. Have to highly depend on their banking partners

[SATISHKUMAR-qsv]

Hey thank you so much for the knowledge keep doing more❤

[vraj]

Thanks.very well.explained..keep the good work.on.

[debasispatri]

Excellent video. Do post a video on the Wolfsberg Due Diligence Questionnaire

[karish.]

easy to understand and great work done 👍🏼
would appreciate if you could make a video on financial secrecy & secrecy jurisdictions

[shrinath]

Please do a video on OFAC ...at least a quick quidence about OFAC and it's objectives and all ..

[ceciliacarrascosalinas]

Hi, thank you for this video, very well explained!. I wonder if you can make a video about RMA. Many thanks in advance.

[syedalitalib-]

Please also discuss Suspicious Transaction Report

[chancemouissou]

Que représente un suspens de compte correspondant tant créditeur que débiteur ?

[Amit-pjvf]

Please make video on institutional KYC

[madebi]

In addition to AML & compliance risks, are there any prudential risks in offering correspondent banking?

[paraparasakura]

Informative. But can u explain more on payable through account and how it is difference from correspondent banking