American Bankers Association CRCM Exam - Topic 8 Question 11 Discussion

Actual exam question for American Bankers Association's CRCM exam

Question #: 11
Topic #: 8

A bank is conducting due diligence for a foreign correspondent bank account. Which of the following is NOT required information?

AThe identities of the correspondent bank's true ownership

BInformation on the government licenses of the correspondent bank

CCopies of the tax return of the correspondent bank

DInformation on the products and services the correspondent bank offers

Show Suggested Answer

Suggested Answer: C

by Devora at May 07, 2022, 10:35 AM

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Alida

7 months ago

I thought they needed everything, but C makes sense!

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Lisbeth

7 months ago

A and B are definitely needed, but C? Nah.

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Man

7 months ago

Wait, why would they need tax returns? Seems odd.

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Ma

7 months ago

Totally agree, C seems unnecessary!

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Jolanda

8 months ago

C is not required info.

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Wilburn

8 months ago

Hmm, this looks like a tricky one. I'll need to carefully review the details about the Configuration Manager tool and the settings files it uses.

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Ellen

8 months ago

Hmm, I'm a bit unsure about this one. Committing the team's time and aiming for overall completion might be the safest approach, but I'm not sure if that will work given the production pressures.

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Domingo

8 months ago

I'm pretty confident this is the right answer. The Postfix configuration file is typically located in the /etc/postfix directory.

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