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QUESTION

What countries fall under Foreign High Risk for Nationality under Customer Details?

ANSWER

We use the list of countries that are classified as high risk by the Financial Action Task Force as our basis for Foreign High Risk individuals.

RELATED QUESTIONS

What is Policy Enforcement?

Why do I need Policy Enforcement for my money exchange business?

Do I have to create a separate Policy Enforcement for each outlet?

What is Standard Due Diligence?

What is Enhanced Due Diligence?

How do I set up my Risk Profile?

How do I set up my Risk Scoring system?

How do I assign scoring for each risk factor?

Can I flag transactions and apply policy enforcement actions without risk scoring?

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What does the column Highlight Warning under Transaction Details and Customer Details mean?

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