Channel
Domestic wires: the money-laundering typologies a scenario should reach
23 of the 50 typologies in the dictionary apply to domestic wires. On the coverage chart this is the column WDM; each typology below is one sector in it.
This channel settles in real time or the same day, so sanctions screening reaches it only if it runs before the payment is released; a daily or later screen on it is flagged "screened in batch". Offered by default for: community bank, credit union, money transmitter or payments company, fintech or digital bank and broker-dealer.
Reference lines on this channel
held figures- BSA BSA-REC-1 names $3,000 for funds-transfer records.
Typologies that apply
23| Typology | Group |
|---|---|
| Rapid movement of funds | Rapid movement and pass-through |
| Transfers between related accounts | Rapid movement and pass-through |
| Internal and suspense accounts | Rapid movement and pass-through |
| Loan paid down from unexplained funds | Rapid movement and pass-through |
| Many-to-one and one-to-many | Funnel, mule and third-party deposits |
| Shell and front companies | Funnel, mule and third-party deposits |
| Politically exposed persons | PEPs, private banking and correspondents |
| Private banking and high net worth | PEPs, private banking and correspondents |
| Money services business customers | PEPs, private banking and correspondents |
| High-risk customer segment | PEPs, private banking and correspondents |
| Dormant account reactivation | Profile change and dormant reactivation |
| Activity above the expected profile | Profile change and dormant reactivation |
| New accounts with outsized activity | Profile change and dormant reactivation |
| Round amounts | Round amounts and velocity |
| Structuring below the funds-transfer recordkeeping line | Round amounts and velocity |
| Sanctions name screening | Sanctions screening and interdiction |
| Missing originator or beneficiary information | Wire transparency |
| Beneficiary name does not match the account | Wire transparency |
| Exploitation of older customers | Fraud-adjacent laundering |
| Account takeover | Fraud-adjacent laundering |
| Scam payments by the customer | Fraud-adjacent laundering |
| Business email compromise | Fraud-adjacent laundering |
| Bribery and corruption proceeds | Trafficking and other priority red flags |