“Law enforcement officials estimate that billions of dollars are laundered each year through different types of financial institutions and businesses. ”
Your employees selling money orders are required to know and comply with Federal laws and regulations to prevent money laundering.
This module explains what money laundering is and the laws that govern the sale of money orders.
Employees will learn how to recognize suspicious activity relating to the sale of money orders and to immediately report it.
The Anti-Money Laundering Regulations and Procedures module should be paired with one of the following modules, as dictated by your business needs: Money Order Sales 2K Limit, Money Order Sales 2.5K Limit, Money Order Sales 3K Limit, Money Order Sales 10K Limit.
