Bank Secrecy for Management and Operations: Cash-less Money Laundering

In Bank Secrecy for Management and Operations: Cash-less Money Laundering, we’ll take a look at how the rise of electronic fund transfers, generically called wire transfers, plays a role in concealing illegally obtained money. In this course, we discuss the wire transfer methods used by criminals to launder money. We also discuss how banking institutions can help to stop the practice by adhering to the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) laws.

Part of our series on Bank Secrecy for Management and Operations, this course consists of a short video presentation followed by a quiz to test your comprehension. There’s also a downloadable reference document highlighting key concepts from the video.