Employee - Colorado Pawn & Jewelry

Anti-Moneylaundering

Required annual training

1 / 7

What is transaction structuring

Creative use of credit cards, cash and PayPal to make the sale happen

Breaking a sale into multiple cash transactions to stay under the limit

Payment over time

Using a stolen card

2 / 7

How long must records be kept of large cash transactions?

5 years

30 days

10 years

Until the money is in the bank

3 / 7

What should you do if a customer refuses to provide ID when required?

Ask them repeatedly nicely

Report to a manager

Call the police non emergency line

Give them a bad customer review

4 / 7

Who is our AML Compliance Officer?

Keith

Antonio

Steve

Carolina

5 / 7

How long do we have to report a transaction that requires reporting?

Until tax season

End of calendar year

15 days

30 days

6 / 7

Which transactions require Form 8300?

Over $1000

All transactions

Transactions over $10000

Cash transactions over $10000

7 / 7

What is the purpose of an AML Policy?

To improve customer service

To prevent money laundering

To increase profits

To reduce taxes

Your score is

The average score is 88%

Call Us Today to Get a Free Quote on Your Item!

Hours

Mon-Fri 9 am – 5:30 pm
Sat 10 am – 4 pm
Sunday Closed

Stuart Location

2275 S Kanner Hwy
Stuart, FL 34994
772-283-3660

Port St. Lucie Location

1168 SE Port St. Lucie Blvd
Port St. Lucie, FL 34952
772-335-1896