AML monitoring
Automatic anti-money-laundering flags across savings, loan and wallet transactions.
AML monitoring scans recent transactions and flags patterns that can indicate money laundering. Each flagged transaction shows the rule that triggered it.
| Rule | Flags | Applies to |
|---|---|---|
| Large transaction | A single transaction more than 10 times the account’s average | Savings, wallets |
| Round-number transaction | Exact multiples of 10,000 — a structuring signal | Savings, loan repayments |
| Dormant account reactivated | No activity for 90+ days, then activity in the last 7 days | Savings |
| Rapid succession | 3 or more transactions on the same account within 24 hours | Savings |
- Open AML monitoring daily or weekly.
- Review each flag against the member’s profile and history.
- Clear flags with a legitimate explanation; escalate the rest under your AML policy and file a suspicious transaction report with your financial intelligence unit where required.
Important
A flag is a prompt to look, not proof of wrongdoing. Never tell a member they are the subject of a suspicious transaction report.
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