Typology group
PEPs, private banking and correspondents
The customers the rules single out for enhanced measures: politically exposed persons, correspondent and nested relationships, private banking, money services businesses and charities.
The typologies
6| Typology and a scenario that places there | Channels | BSA |
|---|---|---|
| Politically exposed personsPEP account activity above profile | CSH WDM WIN | BSA BSA-AML-15 · BSA BSA-CDD-4 |
| Correspondent and nested activityCorrespondent account: nested bank activity through respondent | COR | BSA BSA-AML-15 · BSA BSA-AML-17 |
| Private banking and high net worthPrivate banking: transfers above stated source of wealth | WDM WIN SEC | BSA BSA-AML-15 · BSA BSA-AML-18 |
| Money services business customersMSB customer: cash volume above registered profile | CSH WDM REM | BSA BSA-AML-15 |
| High-risk customer segmentHigh-risk customers: lower thresholds on all outgoing payments | CSH ACH WDM WIN | BSA BSA-AML-15 · BSA BSA-CDD-4 |
| Charities and non-profitsCharity accounts sending funds to conflict regions | ACH WIN | BSA BSA-AML-15 |