Acams Exam CAMS Topic 2 Question 102 Discussion

Actual exam question for Acams's CAMS exam

Question #: 102
Topic #: 2

[All CAMS Questions]

Which scenario should be escalated as potentially suspicious activity?

AA retail chain deposits cash into several operating accounts and consolidates the funds into one account.

BA domestic business account receives a wire transfer from an international business with no history of such activity or business needs.

CA convenience store makes daily deposits or withdrawals primarily in cash.

DA corporate account deposits large checks and wire transfers on a frequent basis from existing customers.

Show Suggested Answer

Suggested Answer: B

A domestic business account receiving a wire transfer from an international business with no history of such activity or business needs should be escalated as potentially suspicious activity. This is because this scenario may indicate an attempt to launder money, evade taxes, or finance terrorism through cross-border transfers that have no apparent economic or lawful purpose. The lack of prior relationship or business justification for the wire transfer may also suggest that the transaction is not consistent with the customer's profile or expected activity. Therefore, this scenario should be investigated further and reported if necessary.

9 Financial & Bank Suspicious Activity Examples, Example 2.

CAMS Study Guide 6th Edition, page 40-41.

by Nina at Jul 31, 2025, 05:54 PM

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Matthew

5 days ago

Option B seems the most suspicious to me. Receiving a wire transfer from an international business with no prior history is definitely a red flag.

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