For which All Scenario I can add Online Mechanism in SAS AML 5.1 ?

MG18 — Thu, 27 Sep 2018 10:01:17 GMT

Hi All ,

Our Bank management has decided to Add the Mechanism description for ONLINE

but I am not find any information in AML Scenario guide 5.1 and I wanted to know is there any dedicated Scenario for the ONLINE mechanism like we are having for WIRE (SAS10020) ?

@manishiiita Please help me in the same if anyone has info on the same.

Regards,

Mahesh

Re: For which All Scenario I can add Online Mechanism in SAS AML 5.1 ?

manishiiita — Thu, 27 Sep 2018 10:17:32 GMT

Hi @MG18,

'ONLINE' mechanism is mainly used for online transactions such as online bill payments.There are no dedicated scenarios for ONLINE mechanism type like WIRE. But, any existing scenario can be used for ONLINE transactions as well considering your requirements.

Please try to find out what kind of money laundering business want to identify on these particular transactions. In case there is no specific case suggested by the business for these transactions then you can club these transactions with generic scenarios where almost all transactions are being considered.

Hope this will be helpful.

topic For which All Scenario I can add Online Mechanism in SAS AML 5.1 ? in SAS Risk Management

For which All Scenario I can add Online Mechanism in SAS AML 5.1 ?

Re: For which All Scenario I can add Online Mechanism in SAS AML 5.1 ?