CRCM practice question 3 of 35
First National Bank has several exempt customers. • Alpha is an exempt person because its stock is listed on a major stock exchange. • Beta is an…
Choose your answer, then check it against the explanation.
First National Bank has several exempt customers.
• Alpha is an exempt person because its stock is listed on a major stock exchange.
• Beta is an exempt person because it meets the nonlisted customer requirements.
• Zeta is exempt because it is a payroll customer. For which customer(s) must the bank conduct an
annual review to determine its continuing eligibility to be exempt from CTR filings?
Question 3 of 35
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