This case study presents a scenario involving a non-profit organization. As you will see, just because an organization is non-profit does not automatically discount it from being a BSA risk. Throughout this case study, you will be presented with decision points to test your knowledge.

Find out why unlicensed check-cashing through a customer/member's account may be detected.

Explore how due diligence activities may reveal suspicious activity.

Exercising due diligence at account opening may reveal suspicious activity; find out how.

If a member refuses to provide sufficient information upon trying to open account, discover why you should not open an account.

An incoming wire for the same amount closely following on an account with little regular activity other than currency deposits and wire transfers to foreign countries may indicate possible money-laundering. Learn what to watch for.

Discover why a customer/member's unexplained, sudden wealth may be questionable.

Review the record-keeping and verification procedures that must occur when an institution facilitates a wire transfer between a mother and her son at college.

If a member refuses to provide sufficient information upon trying to open account, discover why you should not open an account.

See how the CTR, SAR, and funds-transfer rules could come into play simultaneously, or at least may need to be considered concurrently in a single transaction.