Dictionary
Every money-laundering typology the tool reads
50 typologies in 12 groups. Each carries its trigger phrases, the channels it applies to, the obligations per regime, the question an examiner asks of it and an example scenario that places itself.
Cash and structuring
- Cash structuring below the reporting threshold2 channels
- Large cash deposits and withdrawals1 channels
- Cash-intensive business out of line1 channels
- Cash bought into monetary instruments1 channels
- Cash withdrawn abroad2 channels
Rapid movement and pass-through
- Rapid movement of funds5 channels
- Transfers between related accounts4 channels
- Internal and suspense accounts2 channels
- Loan paid down from unexplained funds3 channels
Funnel, mule and third-party deposits
- Funnel accounts2 channels
- Third-party deposits3 channels
- Money mules3 channels
- Many-to-one and one-to-many5 channels
- Shell and front companies2 channels
High-risk geography and cross-border
- High-risk jurisdictions4 channels
- Cross-border activity out of profile3 channels
Trade-based
- Over and under invoicing1 channels
- Letter of credit and document anomalies1 channels
- Trade paid by an unrelated party2 channels
PEPs, private banking and correspondents
- Politically exposed persons3 channels
- Correspondent and nested activity1 channels
- Private banking and high net worth3 channels
- Money services business customers3 channels
- High-risk customer segment4 channels
- Charities and non-profits2 channels
Profile change and dormant reactivation
- Dormant account reactivation4 channels
- Activity above the expected profile4 channels
- New accounts with outsized activity6 channels
Round amounts and velocity
- Round amounts4 channels
- Velocity3 channels
- Structuring below the funds-transfer recordkeeping line4 channels
Sanctions screening and interdiction
- Sanctions name screening8 channels
- Sanctioned ownership and control3 channels
- Comprehensively sanctioned geographies4 channels
- Sectoral sanctions3 channels
Wire transparency
- Missing originator or beneficiary information4 channels
- Beneficiary name does not match the account3 channels
Fraud-adjacent laundering
- Check kiting and returned items2 channels
- Remote deposit duplicates2 channels
- Exploitation of older customers4 channels
- Account takeover4 channels
- Scam payments by the customer3 channels
- Business email compromise3 channels
- Prepaid loading and card cash-out2 channels
- Transaction laundering through merchants2 channels
Trafficking and other priority red flags
- Human trafficking red flags4 channels
- Drug trafficking proceeds3 channels
- Terrorist financing indicators3 channels
- Proliferation financing3 channels
- Bribery and corruption proceeds2 channels