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NEW QUESTION: 1
An existing customer at a bank has recently expanded its services to provide check cashing for its customers.
Which factor indicates the bank should terminate this relationship?
A. The business has not updated its anticipated activity with the bank.
B. The bank has not updated its automated monitoring system.
C. The business has no previous experience with this service.
D. The business is now a Money Service Business and has not registered with FinCEN.
Answer: C

NEW QUESTION: 2

A. 0
B. 1
C. 2
D. 3
Answer: D

NEW QUESTION: 3
Click on the Exhibit Button to view the Formula Sheet. The use of standard settlement instructions (SSI's) is strongly encouraged because:
A. It reduces operational risk.
B. All of the above.
C. It removes the need for sending out SWIFT payment
D. It splits differences arising from failed settleme
Answer: A

NEW QUESTION: 4
In case of Loss of Thumb, what is the Percentage of Compensation given (as per Workmen's Compensation Act)?
A. 30%
B. 20%
C. 25%
D. 50%
Answer: A