KYC: Chapter 4 Transaction Monitoring and Reporting

1. ........ prescribes that banks required to provide information on transactions to the Director,FIU-IND
Ans- PMLA

2. Under which section banks need to furnish the information?
Ans- 12.1.b

3. CTR Full form?
Ans- Cash Transaction Report

4. All cash transaction of .............. need to be reported
Ans - Rs 10 Lakh or above

5. CTR report timeline?
Ans- by 15th of next month

6. Frequency of CTR Report?
Ans- Monthly

7. STR Full form?
Ans- Suspicious Transaction Report

8. STR Frequency?
Ans- As and when

9. Timeline for STR?
Ans- Within 7 days of a transaction determined as suspicious

10. CCR full form?
Ans- Counterfeit Currency report

11. CCR Periodicity?
Ans- Monthly

12. CCR Timeline?
Ans- by 15th of next month

13.NTR Full form?
Ans- Non Profit Organisation  Transaction Report

14. Periodicity of NTR?
Ans- Monthly

15. Timeline for NTR?
Ans- By 15th of next month

16.  CBTR Full form?
Ans- Cross Border Wire Transfer Report

17. In CBTR , all cross border wire transfers of more than............. or its equalent in foreign currency need to be reported?
Ans- Rs 5 lakh

18 CBTR Periodicity?
Ans- Monthly

19. CBTR Timeline?
Ans- By 15th of next month

20.which rule related to delay/ non or improper submition?
Ans- Rule 8.b

21. Who imparts penalty for reporting late or non submition of various reports?
Ans- Director, FIU-IND

22. Abandoned/Aborted transactions should be reported as..STR/NTR/ CBTR/ CCR???
Ans- str

23. Reason for considering a transaction to be of suspicious nature should be recorded by .......... in writing?
Ans- principal Officer



More will be updated later.... in case of any mistake please comment.

SOURCE : RBI 

DIRECT LINK : CLICK HERE

DOWNLOAD LINK : CLICK HERE

AML/KYC Questions 18Aug 2018

Fatf recommendations,
list of Wolfsberg group composition,
PMLA
STR typologies

AML/KYC ANNEXURE IMPORTANT POINTS : CHAPTER 1

SOME FULL FORMS IN AML/KYC

 Central KYC Records Registry” (CKYCR)
Central Identities Data Repository” (CIDR)
Officially Valid Document” (OVD)

INTERNATIONAL BANKING MCMILLAN BOOK link

Here sharing link to download International Banking Mcmillan book


CLICK HERE

Hope you like it. Happy Reading :)

AML/KYC Macmillan PDF

Here sharing link of AML/KYC mcmillan book.

CAIIB ABM CANPAL GUIDE MCQ

Here sharing link to download CAIIB ABM MCQ.

CAIIB ABM : UNIT 12 TIME VALUE OF MONEY

Sharing notes and question of ABM Unit-12 Time Value of Money. More will be updated later on. In case of any mistake , please let me know. Happy Reading :)

.................

PRESENT VALUE:Describes how much a future sum of money is worth today
3 Components: