Taking my money to the US
May 9th 2012, 3:31 pm
#16
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Joined: Nov 2002
Location: Where bad things rarely happen in movies
Posts: 8,933
Re: Taking my money to the US
May 9th 2012, 6:32 pm
#17
BE Forum Addict
Joined: Oct 2007
Location: Charlotte,NC
Posts: 1,717
Re: Taking my money to the US
Banks file CTRs every day on any funds over 10k. Hundreds of thousands are auto filed every day by all US banks, altho I am sure some manual sampling of accounts happens in addition to this. In my job as International AML Liason for a major US bank (on the investment banking side), we regularly filed SARS, which report the suspicious activity to FinCEN and/or SOCA, where we saw patterns or the software threw up patterns of activity inconsistent with the profile of the account. Whether Senior Management or the Agencies take any notice is another matter!
NB I was recently contacted by a director/screen writer who is writing a Hollywood movie on an AML whistleblowing case which blew up out of London whilst I was posted there in 2008. I am hoping that he gets some gorgeous actress to play me!! All very exciting. (I no longer work for the bank)
NB I was recently contacted by a director/screen writer who is writing a Hollywood movie on an AML whistleblowing case which blew up out of London whilst I was posted there in 2008. I am hoping that he gets some gorgeous actress to play me!! All very exciting. (I no longer work for the bank)
Last edited by Orangepants; May 9th 2012 at 6:35 pm.
