Channel
International wires: the money-laundering typologies a scenario should reach
25 of the 50 typologies in the dictionary apply to international wires. On the coverage chart this is the column WIN; 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, money transmitter or payments company, broker-dealer and remittance provider.
Reference lines on this channel
held figures- BSA BSA-REC-1 names $3,000 for funds-transfer records.
- FATF R.16 INR16.8 names USD or EUR 1,000 for the cross-border de minimis threshold a country may set.
Typologies that apply
25| Typology | Group |
|---|---|
| Rapid movement of funds | Rapid movement and pass-through |
| Internal and suspense accounts | Rapid movement and pass-through |
| Shell and front companies | Funnel, mule and third-party deposits |
| High-risk jurisdictions | High-risk geography and cross-border |
| Cross-border activity out of profile | High-risk geography and cross-border |
| Trade paid by an unrelated party | Trade-based |
| Politically exposed persons | PEPs, private banking and correspondents |
| Private banking and high net worth | PEPs, private banking and correspondents |
| High-risk customer segment | PEPs, private banking and correspondents |
| Charities and non-profits | PEPs, private banking and correspondents |
| Dormant account reactivation | Profile change and dormant reactivation |
| Activity above the expected profile | 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 |
| Sanctioned ownership and control | Sanctions screening and interdiction |
| Comprehensively sanctioned geographies | Sanctions screening and interdiction |
| Sectoral sanctions | Sanctions screening and interdiction |
| Missing originator or beneficiary information | Wire transparency |
| Beneficiary name does not match the account | Wire transparency |
| Business email compromise | Fraud-adjacent laundering |
| Drug trafficking proceeds | Trafficking and other priority red flags |
| Terrorist financing indicators | Trafficking and other priority red flags |
| Proliferation financing | Trafficking and other priority red flags |
| Bribery and corruption proceeds | Trafficking and other priority red flags |