Aninternational bankis investigating apayment requested by a correspondent banking partner.

When investigating apotentially suspicious cross-border payment, a financial institution should followrisk-based due diligence procedures.

Option B (Correct):Sanctions screeningis critical to ensure theoriginator or beneficiaryisnot listed on OFAC, EU, UN, or other sanctions lists.

Option C (Correct):Requestingsupporting documents(e.g., invoices, contracts) helps determine whether the transaction isconsistent with the customer’s profile.

Option D (Correct):Conductingnegative news (adverse media) checkshelps identifyfinancial crime risks, such as fraud or money laundering.

Option A (Incorrect):Banksdo not directly calltransaction recipients unless there is a clear suspicion requiring customer verification.

Option E (Incorrect):314(b) requestsunder theUSA PATRIOT Actallow information sharing among U.S. financial institutions butcannot be used for foreign banks.