DOCSLIB.ORG

Risk of Money Laundering Through Financial Instruments

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Risk of Money Laundering Through Financial Instruments United Nations Office on Drugs and Crime Risk of Money Laundering through Financial Instruments RiskRisk ofof MoneyMoney LaunderingLaundering throughthrough FinancialFinancial Instruments,Instruments, UsersUsers andand EmployeesEmployees ofof FinancialFinancial InstitutionsInstitutions English Version 1 Copyright UNODC February 2010 Non-official translation © UNODC Calle 102 No 17 A - 61 Bogotá - Colombia Phone: (+57 1 ) 6467000 Fax: (+57 1 ) 6467000 Ext: 337 E-mail: [email protected] www.unodc.org Version design: Diana Guayara V. Print edition by: Alvi Impresores Ltda. Phone: 250 1584 Printed and Made in Colombia CONTENTS Page INTRODUCTION ............................................................................................................... 7 PART I KNOWN FINANCIAL INSTRUMENTS. ............................................................................ 9 1. CHECKING ACCOUNT ..................................................................................... 11 1.1 Description ........................................................................................................ 11 1.2 Documents of interest ....................................................................................... 12 1.2.1 Application for opening account ........................................................................ 12 1.2.1.1 Warning signs during opening and management of checking account ............. 13 1.2.2. The recording of authorized signatures ............................................................. 15 1.2.2.1 Warning signs during the recording of authorized signatures for checking account .............................................................................................................. 16 1.2.3. Account statement ............................................................................................ 16 1.2.3.1 Warning signs for the monthly checking account statement ............................. 17 1.2.4 Deposits ............................................................................................................ 18 1.2.4.1 Warning signs for deposits to checking account ............................................... 19 1.2.5 Checks .............................................................................................................. 19 1.2.5.1 Warning signs for checks written against a checking account .......................... 20 1.2.6 Transfers ........................................................................................................... 21 1.2.6.1 Warning signs for transfers from or to a checking account ............................... 22 1.3 Risk of money laundering through checking account ........................................ 23 2. SAVINGS ACCOUNT ........................................................................................ 23 2.1 Description ........................................................................................................ 23 2.2 Documents of interest ....................................................................................... 24 2.2.1 Application for opening account ........................................................................ 24 2.2.1.1 Warning signs during opening and management of savings account ............... 25 2.2.2 The recording of authorized signatures ............................................................. 27 2.2.2.1 Warning signs for the recording of authorized signatures for savings account . 28 2.2.3 Account statement ............................................................................................ 28 2.2.3.1 Warning signs regarding periodic withdrawals from savings account ............... 30 2.2.4 Deposits ............................................................................................................ 31 2.2.4.1 Warning signs regarding deposits to savings account ...................................... 31 2.2.5 Savings account withdrawal slips ...................................................................... 32 2.2.5.1 Warning signs regarding savings account withdrawal slips .............................. 33 2.2.6 Transfers ........................................................................................................... 34 2.2.6.1 Warning signs regarding local and international transfers to or from a savings account .............................................................................................................. 34 2.3 Risk of money laundering through savings account .......................................... 35 3. CERTIFICATE OF DEPOSIT ............................................................................ 36 3.1 Description ........................................................................................................ 36 3.2 Documents of interest ....................................................................................... 37 3.2.1 Application to open a Certificate of Deposit CD ................................................ 37 3.2.1.1 Warning signs regarding opening a Certificate of Deposit ................................ 39 3 Risk of Money Laundering through Financial Instruments, Users and Employees of Financial Institutions Page 3.2.2 Certificate of deposit purchase receipt .............................................................. 41 3.2.2.1 Warning signs regarding purchase receipts or applications for a CD ............... 42 3.2.3 Issuance or renewal of a CD ............................................................................. 42 3.2.3.1 Warning signs regarding issuance of a Certificate of Deposit certificate ............. 43 3.2.4 Redemption receipts for Certificate of Deposit .................................................. 44 3.2.4.1 Warning signs for redemption receipts for a CD ............................................... 45 3.3 Risk of money laundering through Certificates of Deposit ................................ 47 4. WIRE TRANSFER ............................................................................................ 47 4.1 Description ........................................................................................................ 47 4.2 Documents of interest ....................................................................................... 49 4.2.1 Application for opening a “wire transfer account” and receipts for sending international wire transfers ................................................................................ 49 4.2.1.1 Warning signs regarding opening a “wire transfer account” and receipts for sending international wire transfers .................................................................. 51 4.2.2 Receipt for cashing an international wire transfer ............................................. 53 4.2.2.1 Warning signs regarding receipts for sending international wire transfers ............. 54 4.3 Risk of money laundering through international wire transfers ......................... 56 5. INSURANCE POLICY ....................................................................................... 57 5.1 Description ........................................................................................................ 57 5.2 Documents of interest ....................................................................................... 58 5.2.1 Policy application form for an insurance company ............................................ 58 5.2.1.1 Warning signs regarding insurance policy application form for an insurance company ............................................................................................................ 60 5.2.2 Receipt for payment of insurance premium ...................................................... 62 5.2.2.1 Warning signs for receipts of payment for insurance premium ......................... 64 5.2.3 Issuance or renewal of insurance policy ........................................................... 65 5.2.3.1 Warning signs regarding issuance or renewal of insurance policy certificates . 66 5.2.4 Receipt for early insurance policy redemption .................................................. 67 5.2.4.1 Warning signs regarding receipts for early redemption of an insurance policy . 67 5.3 Risk of money laundering through insurance policy .......................................... 70 PART II SPECIAL FINANCIAL INSTRUMENTS. ........................................................................... 71 6. FIDUCIARY BUSINESS .................................................................................... 73 6.1 Description ........................................................................................................ 73 6.1.1 Investment Trust Fund ...................................................................................... 74 6.1.2 Management Fiduciary ...................................................................................... 75 6.1.3 Guarantee Trust Fund ....................................................................................... 77 6.1.4 Securitization Trust Fund .................................................................................. 77 6.1.5 Investment Trust Fund Banking ........................................................................ 78 6.2 Documents of Interest ....................................................................................... 78 6.2.1 Application form for opening a fiduciary assignment or commercial trust account . 79 6.2.2.1 Warning signs regarding application form for opening a fiduciary assignment
Load more

Recommended publications
  • Pledged Asset Line® Wire Transfer Request and Authorization | 1-800-838-6573
    Pledged Asset Line® Wire Transfer Request and Authorization www.schwab.com/pal | 1-800-838-6573 • Wire forms received prior to 1:30 p.m. Eastern time (10:30 a.m. Pacific time) on a Business Day will be processed by the end of the following Business Day. • For your protection, we must contact you by phone to verify your identity before the wire transfer can be completed. • There is no fee associated with this wire request. • We do not process any wire transfers sent from or to international banks, even if the currency is in U.S. dollars (USD). • Submit this form via secure message on Schwab.com or fax to Charles Schwab Bank at 1-877-300-6933. • Your initial draw may require a minimum. • Please contact us if you have any questions regarding this information. You may not borrow money on a Pledged Asset Line to purchase securities or pay down margin loans, or deposit advances from the line into any brokerage account. 1. Account Holder Information Name (First) (Middle) (Last) Telephone Number* Address City State Zip Code Country *Please provide a number so you can be reached for call-back verification purposes. 2. Outgoing Wire Information Date Wire to Be Sent Amount of Wire (in USD only) $ Pledged Asset Line Account Number (12 digits) Account Title (owner name) 3. Receiving Beneficiary/Bank Information Beneficiary Name (First) (Middle) (Last) Beneficiary Account Number at Bank Beneficiary Address City State Zip Code Country Beneficiary Bank Name Beneficiary Bank ABA or Account Number at Send-Through Bank Beneficiary Bank Address (if available) City State Zip Code Country Additional Instructions (Attention to, Customer Reference, Phone Advice) Send-Through Bank Name Send-Through Bank ABA Number Send-Through Bank Address (if available) City State Zip Code Country 4.
    [Show full text]
  • AGENDA December 10, 2015
    Mayor: Dennis Norton Vice Mayor: Ed Bottorff Council Members: Jacques Bertrand Stephanie Harlan Michael Termini Treasurer: Christine McBroom CAPITOLA CITY COUNCIL REGULAR MEETING THURSDAY, DECEMBER 10, 2015 7:00 PM CITY HALL COUNCIL CHAMBERS 420 CAPITOLA AVENUE, CAPITOLA, CA 95010 CLOSED SESSION - 6:15 PM CITY MANAGER’S OFFICE An announcement regarding the items to be discussed in Closed Session will be made in the City Hall Council Chambers prior to the Closed Session. Members of the public may, at this time, address the City Council on closed session items only. There will be a report of any final decisions in City Council Chambers during the City Council's Open Session Meeting. CONFERENCE WITH LEGAL COUNSEL - EXISTING LITIGATION (Govt. Code §54956.9) (One case) Water Rock Construction, Inc. v. City of Capitola [Arbitration Claim] CONFERENCE WITH REAL PROPERTY NEGOTIATOR (Govt. Code §54956.8) Property: 2091 Wharf Road, APN 034-241-05, Capitola, CA City Negotiator: Jamie Goldstein, City Manager Negotiating Parties: Joseph K. and Debbie A. Genge Under Negotiation: Terms for potential purchase of property by City CONFERENCE WITH LABOR NEGOTIATOR (Govt. Code §54957.6) Negotiator: Jamie Goldstein, City Manager Employee Organizations: (1) Association of Capitola Employees; (2) Capitola Police Captains, (3) Capitola Police Officers Association, (4) Confidential Employees; (5) Mid- Management Group; and (6) Department Heads City of Capitola Page 1 Updated 12/4/2015 3:16 PM CAPITOLA CITY COUNCIL REGULAR MEETING AGENDA December 10, 2015 REGULAR MEETING OF THE CAPITOLA CITY COUNCIL – 7:00 PM All correspondences received prior to 5:00 p.m. on the Wednesday preceding a Council Meeting will be distributed to Councilmembers to review prior to the meeting.
    [Show full text]
  • Financial Literacy and Portfolio Diversification
    WORKING PAPER NO. 212 Financial Literacy and Portfolio Diversification Luigi Guiso and Tullio Jappelli January 2009 University of Naples Federico II University of Salerno Bocconi University, Milan CSEF - Centre for Studies in Economics and Finance DEPARTMENT OF ECONOMICS – UNIVERSITY OF NAPLES 80126 NAPLES - ITALY Tel. and fax +39 081 675372 – e-mail: [email protected] WORKING PAPER NO. 212 Financial Literacy and Portfolio Diversification Luigi Guiso and Tullio Jappelli Abstract In this paper we focus on poor financial literacy as one potential factor explaining lack of portfolio diversification. We use the 2007 Unicredit Customers’ Survey, which has indicators of portfolio choice, financial literacy and many demographic characteristics of investors. We first propose test-based indicators of financial literacy and document the extent of portfolio under-diversification. We find that measures of financial literacy are strongly correlated with the degree of portfolio diversification. We also compare the test-based degree of financial literacy with investors’ self-assessment of their financial knowledge, and find only a weak relation between the two measures, an issue that has gained importance after the EU Markets in Financial Instruments Directive (MIFID) has required financial institutions to rate investors’ financial sophistication through questionnaires. JEL classification: E2, D8, G1 Keywords: Financial literacy, Portfolio diversification. Acknowledgements: We are grateful to the Unicredit Group, and particularly to Daniele Fano and Laura Marzorati, for letting us contribute to the design and use of the UCS survey. European University Institute and CEPR. Università di Napoli Federico II, CSEF and CEPR. Table of contents 1. Introduction 2. The portfolio diversification puzzle 3. The data 4.
    [Show full text]
  • Electronic Fund Transfers Your Rights
    ELECTRONIC FUND TRANSFERS YOUR RIGHTS AND RESPONSIBILITIES Indicated below are types of Electronic Fund Transfers we are capable of handling, some of which may not apply to your account. Please read this disclosure carefully because it tells you your rights and obligations for the transactions listed. You should keep this notice for future reference. Electronic Fund Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic fund transfers between your account and the third party’s account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearing House (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. For example, your authorization to convert a check to an electronic fund transfer or to electronically pay a returned check charge can occur when a merchant provides you with notice and you go forward with the transaction (typically, at the point of purchase, a merchant will post a sign and print the notice on a receipt). In all cases, these third party transfers will require you to provide the third party with your account number and bank information. This information can be found on your check as well as on a deposit or withdrawal slip. Thus, you should only provide your bank and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic fund transfers.
    [Show full text]
  • Together We Prepare Oregon
    This booklet will guide you through the steps you and your family need to take to be self-sufficient for the first three days after a major disaster. By taking these steps, you’ll be able to respond safely and with confidence in a variety of emergency situations. SIMPLE STEPS THAT CAN SAVE LIVES Make a plan This guide talks extensively about different disasters that could affect the Pacific Northwest. Having a plan in place will make it easier to locate or communicate with your loved ones. The more you have planned ahead of time, the calmer and safer your family will feel in an emergency or disaster (page 3). Build a kit Building a three-day emergency supplies kit is an important first step in preparing. This booklet explains what to put in your kit; how to store it; and why it is vital that each family has at least one kit for home, work and car. You can build a kit or buy one from your local Red Cross (page 5). Get trained In the event of a disaster, emergency medical response may be delayed for numerous reasons. While precious minutes slip by, your emergency training could mean the difference between life and death. For class descriptions, times and costs, contact your local Red Cross chapter (page 8). Volunteer Every day, Red Cross volunteers make a difference in our community. They help provide disaster relief, collect lifesaving blood and assist people in preventing, preparing for and responding to emergencies. Consider giving your time and talent to people in need (page 9).
    [Show full text]
  • “Fuck with Kayla and You Die” by Louise Erdrich
    “Fuck With Kayla and You Die” by Louise Erdrich Louise Erdrich; (born Karen Louise Erdrich, June 7, 1954) is an American author, writer of novels, ​ ​ ​ ​ poetry, and children's books featuring Native American characters and settings. She is an enrolled member of the Turtle Mountain Band of Chippewa Indians, a federally recognized tribe of the ​ ​ Anishinaabe (also known as Ojibwe and Chippewa). ​ ​ ​ ​ ​ Erdrich is widely acclaimed as one of the most significant writers of the second wave of the Native ​ American Renaissance. She is also the owner of Birchbark Books, a small independent bookstore in ​ ​ ​ Minneapolis that focuses on Native American literature and the Native community in the Twin ​ Cities.[7] ​ Roman Baker stood in the bright and crackling current of light that zipped around in patterned waves underneath the oval canopy entrance to the casino. He wasn't a gambler. The skittering brilliance didn't draw him in and he was already irritated with the piped-out carol music. A twenty, smoothly folded in his pocket, didn't itch him or burn his ass one bit. He had come to the casino because it was just a few days before Christmas and he didn't know how to celebrate. Maybe the electronic bell strum of slot machines would soothe him, or watching the cards spreading from the dealer's hands in arcs and waves. He took a step to the left, toward the cliffs of glass doors. As he opened his hand to push at the door's brass plate and enter, a white man of medium height and wearing a green leather coat pressed his car keys into Roman's palm.
    [Show full text]
  • The Challenges of Risk Management in Diversified Financial Companies
    Christine M. Cumming and Beverly J. Hirtle The Challenges of Risk Management in Diversified Financial Companies • Although the benefits of a consolidated, or n recent years, financial institutions and their supervisors firmwide, system of risk management are Ihave placed increased emphasis on the importance of widely recognized, financial firms have consolidated risk management. Consolidated risk traditionally taken a more segmented management—sometimes also called integrated or approach to risk measurement and control. enterprisewide risk management—can have many specific meanings, but in general it refers to a coordinated process for • The cost of integrating information across measuring and managing risk on a firmwide basis. Interest in business lines and the existence of regulatory consolidated risk management has arisen for a variety of barriers to moving capital and liquidity within reasons. Advances in information technology and financial a financial organization appear to have engineering have made it possible to quantify risks more discouraged firms from adopting consolidated precisely. The wave of mergers—both in the United States and risk management. overseas—has resulted in significant consolidation in the financial services industry as well as in larger, more complex financial institutions. The recently enacted Gramm-Leach- • In addition, there are substantial conceptual Bliley Act seems likely to heighten interest in consolidated risk and technical challenges to be overcome in management, as the legislation opens the door to combinations developing risk management systems that of financial activities that had previously been prohibited. can assess and quantify different types of risk This article examines the economic rationale for managing across a wide range of business activities.
    [Show full text]
  • Letter Agreement for Depository Institutions Eligible to Receive International Cash Services
    Form last modified January 2016 Form of Letter Agreement for Depository Institutions eligible to receive International Cash Services [LETTERHEAD OF ADMINISTRATIVE RESERVE BANK] [DATE] [NAME OF DI ELIGIBLE TO RECEIVE INTERNATIONAL CASH SERVICES]1 [STREET ADDRESS] [CITY, STATE, ZIP] Attention: [NAME], [TITLE] Ladies and Gentlemen: This letter agreement (this “Agreement”) sets forth the agreement of [NAME OF DI], a depository institution [chartered][organized] under the laws of [U.S. STATE OR COUNTRY] with its principal office located at [ADDRESS] (the “Depository Institution”) [and a U.S. [branch/agency] authorized pursuant to Regulation K (Part 211 of Title 12 of the United States Code of Federal Regulations) located at [ADDRESS] (the “U.S. Branch/Agency”)] to the terms and conditions governing the withdrawal of U.S. dollar banknotes from and the deposit of U.S. dollar banknotes to a Federal Reserve Bank in connection with cross-border currency activity. The Depository Institution acknowledges that the Federal Reserve Bank of [CITY] (the “Reserve Bank”) is the [Depository Institution’s][U.S. Branch/Agency’s] Administrative Reserve Bank. For purposes of this Agreement, the following terms shall have the following meanings: “Administrative Reserve Bank” has the meaning specified in the Reserve Bank’s Operating Circular No. 1, as it may be amended from time to time. “Federal Reserve Prohibition” means any prohibition on U.S. dollar banknote trading with a particular individual or entity, or with individuals or entities in a particular jurisdiction, that is communicated by the Reserve Bank in writing upon ten (10) days’ prior written notice to the Depository Institution [and its U.S.
    [Show full text]
  • Savings Account Creation User Manual
    Savings Account Creation Oracle FLEXCUBE Universal Banking Release 11.3.83.02.0 [April] [2014] Oracle Part Number E53607-01 Savings Account Creation Table of Contents 1. CREATION OF SAVINGS ACCOUNT ....................................................................................................... 1-1 1.1 INTRODUCTION........................................................................................................................................... 1-1 1.2 STAGES IN ACCOUNT CREATION ................................................................................................................ 1-1 1.3 PROCESS FLOW DIAGRAM .......................................................................................................................... 1-2 1-1 1. Creation of Savings Account 1.1 Introduction The process to open a savings account can be initiated in two ways: When a prospect/customer approaches the bank (via phone/net banking or by walking into the branch) with an account opening request When the bank approaches a prospect - lead from its database In case of a bank-initiated request, the process continues only if the prospect is interested. If the prospect is interested, the bank needs to receive the required set of documents from the customer for savings account opening. Once documents are received, the bank can conduct a New Customer Due Diligence (NCDD) check in case of a new customer. If the NCDD check is not passed for a customer, the application will be rejected in most cases. In case of account opening for an existing customer, the bank can perform a Know Your Customer (KYC) check. For a customer who passes the NCDD check/KYC check, the customer account will be opened in the relevant system and the kit will be dispatched. 1.2 Stages in Account Creation In Oracle FLEXCUBE, the process for opening a savings account is governed by several user roles created to perform different tasks. At every stage, the users (with requisite rights) need to fetch the relevant transactions from their task lists and act upon them.
    [Show full text]
  • THE SEARCH for the BEST CUSTOMERS
    WINTER 2020 THE SEARCH for the BEST CUSTOMERS Get On Board with Onboarding Commercial Primacy Banks Respond to Pandemic Cover Story 4 RACE TO QUALITY: RETHINKING DIGITAL ONBOARDING 8 | SITTING DOWN WITH KEN LAROE 12 | THE ART OF SAYING "NO" IN RETAIL DEPOSIT NEGOTIATIONS 16 | A NEW FOCUS ON PRIMACY IN COMMERCIAL BANKING 20 | OLDER AMERICANS WARM UP TO BRANCHLESS BANKING 22 | THE NEW MATH OF DISTRIBUTION PLANNING 26 | PANDEMIC PUSHES BANKS TO IMPROVE OPERATIONS 28 | TAKING TIME TO FOCUS ON THE RELATIONSHIPS YOU CARE ABOUT 32 | NEWS YOU MAY HAVE MISSED 33 | AT THE PODIUM WITH NOVANTAS 2 | A Note from the EDITORIAL CEOs Director, Novantas Center for the Future of Banking Robin Sidel +1 212.901.2742 [email protected] elcome to the Winter 2020 issue of the Novantas Review. CONTRIBUTORS There are good reasons why this edition focuses on how banks can target, acquire Andrew Hovet and retain the best customers. With interest rates staying low for the foreseeable Hank Israel future and banks wrestling with the impact of COVID-19, these customers are more Brandon Larson important than ever. Mike Rice Peter Serene Luckily, technology can help in more ways than ever before. But these tools aren’t Robin Sidel valuable unless banks put the right programs and processes in place. That is a tall Adam Stockton order for many banks. For example, a growing number of retail customers want and Ethan Teas need to open accounts online, but the process is often still cumbersome and ineffi- Sarah Welch cient. Even when customers succeed in opening the account online, too many banks DESIGN don’t engage with them or take advantage of cross-sell opportunities.
    [Show full text]
  • Financial Risk Management Insights CGI & Aalto University Collaboration
    Financial Risk Management Insights CGI & Aalto University Collaboration Financial Risk Management Insights - CGI & Aalto University Collaboration ABSTRACT As worldwide economy is facing far-reaching impacts aggravated by the global COVID-19 pandemic, the financial industry faces challenges that exceeds anything we have seen before. Record unemployment and the likelihood of increasing loan defaults have put significant pressure on financial institutions to rethink their lending programs and practices. The good news is that financial sector has always adapted to new ways of working. Amidst the pandemic crisis, CGI decided to collaborate with Aalto University in looking for ways to challenge conventional ideas and coming up with new, innovative approaches and solutions. During the summer of 2020, Digital Business Master Class (DBMC) students at Aalto University researched the applicability and benefits of new technologies to develop financial institutions’ risk management. The graduate-level students with mix of nationalities and areas of expertise examined the challenge from multiple perspectives and through business design methods in cooperation with CGI. The goal was to present concept level ideas and preliminary models on how to predict and manage financial risks more effectively and real-time. As a result, two DBMC student teams delivered reports outlining the opportunities of emerging technologies for financial institutions’ risk assessments beyond traditional financial risk management. 2 CONTENTS Introduction 4 Background 5 Concept
    [Show full text]
  • BANKING FEES All Fees Include GCT ACCOUNT OPENING SAVINGS ACCOUNT
    JMMB BANK BANKING FEES All fees include GCT ACCOUNT OPENING SAVINGS ACCOUNT CURRENT ACCOUNT Cheque Leaves Acquisition (Retail) J$2912.50 Cheque Leaves Acquisition (SME) J$5825.00 Cheque Leaves Acquisition (Corporate) J$17,475.00 Monthly Service Charge FREE Cheque Writing J$50.00 Returned Cheque (Own Bank)/Chargeback Item J$873.75 J$450.00 Stop Payment (Own Bank) J$5000.00 maximum TRANSACTION RELATED CASH DEPOSITS 1% + GCT (1.17%) on investment/deposits equal to 1,500 units or above in each currency, subject to a per client limit of 500 units per business day Cash Deposits - Foreign Currency and 1,500 units per calendar month. Cash Deposits in excess of J$1M Free CHEQUE DEPOSITS Returned Cheque J$640.75 Cheque Deposit - Collection Item (US) US$6.99 + Other Bank Charge J$640.75 Foreign Cheque Returned + Other Bank Charge Foreign Cheque Stop Payment US$14.88+ Other Bank Charge Cheque Deposit - Same Day Value (JMMB Bank Cheques) Free CASH WITHDRAWALS Cash Withdrawals up to J$1,000,000.00 Free CHEQUE WITHDRAWALS TRANSFERS WITHIN JMMB BANK Transfer Between Own Accounts (Internal Transfer) Free TRANSFERS TO AND FROM LOCAL INSTITUTIONS Returned/Recalled Electronic Transfers (Local) J$500.00 Transfer to other financial institution/ Third party (Local ACH) J$25.00 Wire - Incoming and Outgoing RTGS Transfers J$250.00 TRANSFERS TO AND FROM INTERNATIONAL INSTITUTIONS International Wire Transfer -Inbound - USD US$23.30 International Wire Transfer -Inbound - GBP n/a International Wire Transfer -Inbound - CAD n/a International Wire Transfer -Inbound
    [Show full text]