Transaction Transacti Transaction TransactTransacTransaction Payment ReferenTransaction Payer Name Transaction Payee Name Transaction

2018-10-04 13:15:03 FundsTransferIn GBP Internal transfer Profit Account Tide Current Account
2018-10-04 13:38:48 CardWithdrawal GBP 6011
2018-10-04 15:35:17 Fee GBP
2018-10-04 22:05:29 FasterPaymentIn GBP WAGES 7 DAYS TRANS LTD
2018-10-05 10:51:32 FundsTransferOut GBP Internal transfer Tide Current Account Payee account
2018-10-05 12:20:41 FundsTransferIn GBP Internal transfer Payee account Tide Current Account
2018-10-05 21:26:17 FundsTransferOut GBP Internal transfer Tide Current Account Suppliers
2018-10-05 21:30:43 FundsTransferIn GBP Internal transfer Payee account Tide Current Account
2018-10-05 21:37:53 FundsTransferOut GBP Internal transfer Tide Current Account Profit Account
2018-10-08 10:04:24 FundsTransferIn GBP Internal transfer Payee account Tide Current Account
2018-10-08 10:11:34 CardWithdrawal GBP 6011
2018-10-11 12:35:01 FasterPaymentIn GBP WAGES 7 DAYS TRANS LTD
2018-10-11 15:26:42 FundsTransferOut GBP Internal transfer Tide Current Account Payee account
2018-10-13 10:26:21 FundsTransferIn GBP Internal transfer Payee account Tide Current Account
2018-10-13 10:30:52 CardWithdrawal GBP 6011
2018-10-13 14:16:30 FundsTransferIn GBP Internal transfer Profit Account Tide Current Account
2018-10-13 14:17:01 FasterPaymentOut GBP REFERENCE - LOAN T A BOS
2018-10-16 10:45:26 FundsTransferIn GBP Internal transfer Profit Account Tide Current Account
2018-10-16 11:48:48 FasterPaymentOut GBP REFERENCE - STOCK M A GENREAL BOS
2018-10-17 18:35:17 FasterPaymentIn GBP STOCK ABC Wines Ltd
2018-10-18 01:08:14 FundsTransferIn GBP Internal transfer ABC Wines Ltd Tide Current Account
2018-10-18 01:08:40 FundsTransferOut GBP Internal transfer Tide Current Account Suppliers
2018-10-18 10:09:15 FundsTransferIn GBP Internal transfer Suppliers Tide Current Account
2018-10-18 10:09:51 FasterPaymentOut GBP REFERENCE - LOAN T A SANT
2018-10-18 21:05:31 FasterPaymentIn GBP WAGES 7 DAYS TRANS LTD
2018-10-19 12:48:31 FundsTransferOut GBP Internal transfer Tide Current Account Payee account
2018-10-19 15:27:35 FundsTransferIn GBP Internal transfer Payee account Tide Current Account
2018-10-19 15:28:21 FundsTransferOut GBP Internal transfer Tide Current Account Suppliers
2018-10-19 15:28:48 FundsTransferOut GBP Internal transfer Tide Current Account ABC Wines Ltd
2018-10-19 15:33:51 FundsTransferOut GBP Internal transfer Tide Current Account Payee account
2018-10-19 15:39:34 CardWithdrawal GBP 6011
2018-10-19 17:40:33 FundsTransferOut GBP Internal transfer Tide Current Account ABC Wines Ltd
2018-10-21 11:10:03 FundsTransferIn GBP MONEY Mohamed Sharma
2018-10-21 11:25:16 FundsTransferOut GBP payment for help Interpal
2018-10-23 15:41:46 FundsTransferIn GBP Internal transfer Payee account Tide Current Account
2018-10-23 15:42:10 FundsTransferOut GBP Internal transfer Tide Current Account ABC Wines Ltd
2018-10-24 14:40:28 FundsTransferIn GBP Internal transfer Payee account Tide Current Account
2018-10-24 14:52:05 CardWithdrawal GBP 6011
2018-10-24 22:41:49 FundsTransferOut GBP Internal transfer Tide Current Account Suppliers
2018-10-26 10:06:47 FasterPaymentIn GBP WAGES 7 DAYS TRANS LTD
2018-10-26 14:20:07 FundsTransferOut GBP Internal transfer Tide Current Account Payee account
2018-10-26 14:34:59 FundsTransferIn GBP Internal transfer Payee account Tide Current Account
2018-10-26 14:35:19 FundsTransferOut GBP Internal transfer Tide Current Account ABC Wines Ltd
2018-11-01 22:05:33 FasterPaymentIn GBP WAGES 7 DAYS TRANS LTD
2018-11-02 08:18:06 FundsTransferOut GBP Internal transfer Tide Current Account Payee account
2018-11-02 09:01:30 FundsTransferIn GBP Internal transfer Payee account Tide Current Account
2018-11-02 09:01:46 FundsTransferOut GBP Internal transfer Tide Current Account ABC Wines Ltd
2018-11-05 13:23:13 FundsTransferIn GBP Internal transfer Payee account Tide Current Account
2018-11-05 13:28:09 CardWithdrawal GBP 6011
2018-11-06 09:48:57 FundsTransferIn GBP Internal transfer Suppliers Tide Current Account
2018-11-06 11:07:49 FundsTransferOut GBP Internal transfer Tide Current Account Payee account
2018-11-06 11:08:05 FundsTransferOut GBP Internal transfer Tide Current Account Suppliers
2018-11-06 11:08:24 FundsTransferOut GBP Internal transfer Tide Current Account ABC Wines Ltd
2018-11-06 11:09:05 FundsTransferIn GBP Internal transfer ABC Wines Ltd Tide Current Account
2018-11-06 11:22:06 CardWithdrawal GBP 6011
2018-11-06 23:56:52 FundsTransferIn GBP Internal transfer Payee account Tide Current Account
2018-11-06 23:58:09 PaymentOut GBP Reference - Stock Tide Current Account SP Limited
2018-11-07 00:00:10 FundsTransferIn GBP Internal transfer ABC Wines Ltd Tide Current Account
2018-11-07 00:17:04 CardWithdrawal GBP 6011
2018-11-07 11:56:27 Fee GBP Transaction fee
2018-11-08 15:01:52 FundsTransferIn GBP Internal transfer ABC Wines Ltd Tide Current Account
2018-11-08 15:03:34 FasterPaymentOut GBP REFERENCE - LOAN T A BOS
2018-11-09 10:35:22 FasterPaymentIn GBP WAGES 7 DAYS TRANS LTD
2018-11-09 15:09:00 FundsTransferOut GBP Internal transfer Tide Current Account ABC Wines Ltd
2018-11-09 15:09:40 FasterPaymentOut IRR GOODS
2018-11-09 15:09:56 FundsTransferIn GBP Iphone X - thanks Jonathan Smith
2018-11-09 15:10:06 FasterPaymentOut GBP payment Muslim Aid
2018-11-10 11:23:26 FundsTransferIn GBP Internal transfer Payee account Tide Current Account
2018-11-10 11:23:44 FundsTransferOut GBP Internal transfer Tide Current Account ABC Wines Ltd
2018-11-13 10:37:59 FundsTransferIn GBP Internal transfer Payee account Tide Current Account
2018-11-13 10:41:40 CardWithdrawal GBP 6011
2018-11-15 15:11:34 FundsTransferIn GBP Internal transfer Payee account Tide Current Account
2018-11-15 15:11:58 FasterPaymentOut GBP REFERENCE - LOAN T A SANT
2018-11-15 21:05:16 FasterPaymentIn GBP WAGES 7 DAYS TRANS LTD
2018-11-16 00:48:32 FundsTransferOut GBP Internal transfer Tide Current Account Payee account
2018-11-17 14:57:39 Unknown GBP 6011
2018-11-20 10:53:46 FundsTransferIn GBP Internal transfer Payee account Tide Current Account
2018-11-20 10:59:24 Unknown GBP 6011
2018-11-20 10:59:36 CardWithdrawal GBP 6011
2018-11-20 14:39:58 FundsTransferIn GBP Internal transfer Payee account Tide Current Account
2018-11-20 14:40:15 FundsTransferOut GBP Internal transfer Tide Current Account ABC Wines Ltd
2018-11-20 15:16:44 FundsTransferIn GBP Internal transfer ABC Wines Ltd Tide Current Account
2018-11-20 17:01:26 FundsTransferOut GBP Internal transfer Tide Current Account Payee account
2018-11-20 17:03:27 FundsTransferIn GBP Internal transfer Payee account Tide Current Account
2018-11-20 17:04:31 FasterPaymentOut GBP REFERENCE - WAGES L BAHAF
Transaction Description Transaction Amount
Profit Account ref: Internal transfer £501.00
TESCO GL SHL METRO GLASGOW,GBR -£501.00
Fees: Bank transfer and Direct Debit for -£4.00
7 DAYS ref: WAGES £4,725.00
Payee account ref: Internal transfer -£4,721.00
Payee account ref: Internal transfer £10.00
Suppliers ref: Internal transfer -£10.00
Payee account ref: Internal transfer £3,710.65
Profit Account ref: Internal transfer -£3,710.65
Payee account ref: Internal transfer £501.00
52-60 ST VINCENT STREE - 120 GEORGE -£501.00
7 DAYS TRANS LTD ref: WAGES £5,355.00
Payee account ref: Internal transfer -£5,355.00
Payee account ref: Internal transfer £501.00
STRATHMORE HOUSE BROUS EAST KILBR -£501.00
Profit Account ref: Internal transfer £2,000.00
T A BOS ref: REFERENCE - LOAN -£2,000.00
Profit Account ref: Internal transfer £688.00
SP Limited BOS ref: REFERENCE - STOCK -£688.00
ABC Wines Ltd ref: ABC Wines Ltd ref: S £30,500.00
ABC Wines Ltd ref: Internal transfer £190.00
Suppliers ref: Internal transfer -£30,690.00
Suppliers ref: Internal transfer £30,690.40
T A SANT ref: REFERENCE - LOAN -£30,690.40
7 DAYS TRANS LTD ref: WAGES £6,060.00
Payee account ref: Internal transfer -£6,060.00
Payee account ref: Internal transfer £1,720.00
Suppliers ref: Internal transfer -£501.00
ABC Wines Ltd ref: Internal transfer -£110.00
Payee account ref: Internal transfer -£501.00
52-60 ST VINCENT STREE GLASGOW,GBR -£501.00
ABC Wines Ltd ref: Internal transfer -£105.00
BARCLAYS - ASDA BLANTYRE 3, BLANTYR £100.00
334 Ladypool Road; B12 8JY -£100.00
Payee account ref: Internal transfer £1,990.00
ABC Wines Ltd ref: Internal transfer -£1,990.00
Payee account ref: Internal transfer £500.00
SAINSBURYS Glasgow,GBR -£501.00
Suppliers ref: Internal transfer -£1.00
7 DAYS TRANS LTD ref: 7 DAYS TRANS LT £2,775.00
Payee account ref: Internal transfer -£2,775.00
Payee account ref: Internal transfer £45.00
ABC Wines Ltd ref: Internal transfer -£45.00
7 DAYS TRANS LTD ref: WAGES £5,205.00
Payee account ref: Internal transfer -£5,205.00
Payee account ref: Internal transfer £75.00
ABC Wines Ltd ref: Internal transfer -£75.00
Payee account ref: Internal transfer £501.00
52-60 ST VINCENT STREE GLASGOW,GBR -£501.00
Suppliers ref: Internal transfer £2,000.00
Payee account ref: Internal transfer -£500.00
Suppliers ref: Internal transfer -£500.00
ABC Wines Ltd ref: Internal transfer -£500.00
ABC Wines Ltd ref: Internal transfer £1.00
52-60 ST VINCENT STREE GLASGOW,GBR -£501.00
Payee account ref: Internal transfer £2,852.66
SP Limited ref: Reference - Stock -£2,852.66
ABC Wines Ltd ref: Internal transfer £501.00
BARCLAYS - ASDA BLANTYRE 3, BLANTYR -£501.00
Fees: Bank transfer and Direct Debit for -£1.60
ABC Wines Ltd ref: Internal transfer £671.00
T A BOS ref: REFERENCE - LOAN -£669.40
7 DAYS TRANS LTD ref: 7 DAYS TRANS LT £5,925.00
ABC Wines Ltd ref: Internal transfer -£14.60
-£5,910.40
Santander 1-2 Triton Square SQ15 2BT £55.00
38-44 Whitechapel Rd, London E1 1JX -£15.00
Payee account ref: Internal transfer £85.00
ABC Wines Ltd ref: Internal transfer -£85.00
Payee account ref: Internal transfer £501.00
52-60 ST VINCENT STREE - 120 GEORGE -£501.00
Payee account ref: Internal transfer £1,000.00
T A SANT ref: REFERENCE - LOAN -£1,000.00
7 DAYS TRANS LTD ref: 7 DAYS TRANS LT £6,165.00
Payee account ref: Internal transfer -£6,165.00
TRAFFORD PK ORIENT BARTON DOCK £0.00
Payee account ref: Internal transfer £501.00
52-60 ST VINCENT STREE GLASGOW,GBR £0.00
52-60 ST VINCENT STREE GLASGOW,GBR -£501.00
Payee account ref: Internal transfer £1.00
ABC Wines Ltd ref: Internal transfer -£1.00
ABC Wines Ltd ref: Internal transfer £2,447.00
Payee account ref: Internal transfer -£2,447.00
Payee account ref: Internal transfer £2,447.00
L BAHAF ref: REFERENCE - WAGES -£2,447.00
S. No.

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Q2.

Q3.

Q4.

Q5.
Questions

Transaction Monitoring Analyst Assessment

Review the transactions in the Excel document.

Highlight the suspicious transactions and why do you find them suspicious?
Please find the highlighted yellow color transactions in the sheet1 which are happening rapdily it other terms rap

What do you think the customer is using the account for based on the transactions?
Customer is utilizing the accounts for multiple purpose (Transfering to various account,wages,stock,loan,paymen

Suggest 3 transaction monitoring rules you would implement to detect the suspicious
transactions based on the transactions you see.
Rapid movement of funds , Layering of funds(2nd stage of money laundering ) and High value transactions.

Draft a message to the customer to enquire about some of the payments (you can decide which
ones to message about).
Dear customer , Kindly provide details on the below transactions:
10/17/2018 6:35:17 PM,GBP 30500, STOCK, ABC Wines Ltd ref: ABC Wines Ltd ref: STOCK
10/18/2018 1:08:14 AM, GBP 190 ,Internal transfer, ABC Wines Ltd ref: Internal transfer
10/18/2018 1:08:40 AM, GBP -30690, Internal transfer, Suppliers ref: Internal transfer
10/18/2018 10:09:15 AM,GBP 30690.4,Suppliers ref: Internal transfer
10/18/2018 10:09:51 AM,GBP -30690.4,T A SANT ref: REFERENCE - LOAN
Description of business details and reason for the funds in of wages details of transactions highlited in the red co

Once you have reviewed the transactions, what would your next steps be ie what research would
you conduct and what more would you want to know about the customer?

After reviewing overall activity of the acount the ill keep the case on hold and raise and
RFI(Request for information or EDD) to know actual reason behind the transactions which are
highlighted in yellow and red and also to understand the nature of business, reason behind
frequency of transactions. Hence the case is kept on hold until the response is received normally
many banks hold for 5 days if no response recieved the case will be escalted to next level. They
further check from their end and take the decision on account accordingly.
g rapdily it other terms rapid movment of funds (Immediate funds in and funds out) which raises a concern since it's the once

wages,stock,loan,payment for help etc) out of which many transactions seems to be suspicious as per transactions in sheet

gh value transactions.

ions highlited in the red color since the value of the transactions are high we can also identify rapid movement of funds in an
oncern since it's the once transaction are taking place like that there are multiple instances where we can identify same pa

per transactions in sheet1 which raises concern at the moment)

movement of funds in and funds out happening which raised concern.

we can identify same pattern.