QUESTION 50. What is a key risk associated with Correspondent Accounts according to the Basel

QUESTION 50 What is a key risk associated with Correspondent Accounts according to the Basel Customer Due Diligence paper? A. It is not used on a daily basis B. The service fees are insufficient to cover the cost of managing the account C. The respondent bank's customer acceptance and know your customer policies are ineffective D. The volume and value of transactions passing through the account may not be in line with the original correspondent agreement Correct Answer: C Explanation...

원문링크 : QUESTION 50. What is a key risk associated with Correspondent Accounts according to the Basel