ExamTopics Logo
Mail Us[email protected]
Menu
Aba Discussions
exam questions

Exam CRCM All Questions

View all questions & answers for the CRCM exam
Go to Exam

Exam CRCM topic 1 question 239 discussion

Actual exam question from ABA's CRCM
Question #: 239
Topic #: 1
[All CRCM Questions]

When conducting a records search pursuant to a FinCEN request, what must a bank search?

  • A. All customer records from the previous five years
  • B. All accounts maintained within the previous 12 months and transaction records for 6 months
  • C. Only records that can be electronically searched
  • D. Nothing; searches are voluntary
Show Suggested Answer Hide Answer
Suggested Answer: B 🗳️
by Cam22 at March 17, 2024, 1:43 a.m.

Comments

Chosen Answer:
This is a voting comment (?). It is better to Upvote an existing comment if you don't have anything to add.
Switch to a voting comment New
Submit Cancel
Cam22
4 months ago
Selected Answer: B
When conducting a records search pursuant to a FinCEN (Financial Crimes Enforcement Network) request, a bank is typically required to search all accounts maintained within the previous 12 months and transaction records for the preceding 6 months. This ensures that relevant information is provided to FinCEN as requested.
upvoted 1 times
...
Community vote distribution
A (35%)
C (25%)
B (20%)
Other
Most Voted
A voting comment increases the vote count for the chosen answer by one.

Upvoting a comment with a selected answer will also increase the vote count towards that answer by one. So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.

SaveCancel
exam
Someone Bought Contributor Access for:
SY0-701
London, 1 minute ago