What information do banks capture in real time during a transaction?

Asked Feb 1, 2016· 1 answer

Faisal KhanAnswered Feb 1, 2016

From an MSB (Money Services Business) the data points captured are about 30 (not all of them are mandatory).

A list of these 30 data points can be seen here: AML & KYC: Best Practices: Transaction Data Points

Anti-Money Laundering (AML)Transaction Monitoring AML Policies and Procedures Record Keeping

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