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  • Exam Code: CWIIP-301
  • Exam Name: Certified Wireless IoT Integration Professional
  • Version: V14.35
  • Q & A: 163 Questions and Answers

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A United States (U.S.) bank was recently alerted by law enforcement of an increase in sale of large denomination U.S. bank notes to casas de cambio. They suspect that a Mexican syndicate is operating a money laundering scheme in the bank's jurisdiction.
Which two steps should be taken to trace funds through the bank to assist law enforcement in their investigation? (Choose two.)
A. Identify the money laundering scheme and submit a suspicious transaction report
B. Identify multiple wire transfers initiated by casas de cambio to jurisdictions outside of Mexico that bear no apparent business relationship with that casa de cambio
C. Identify deposits by casas de cambio that include third-party items including sequentially numbered monetary instruments
D. Identify if there is a decrease in the sale of large denomination U.S. bank notes to casas de cambio by the bank
Answer: B,C

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