Highly informative! Correspondent Banking is always high risk largely due to the anonymity of the parties involved. Have to highly depend on their banking partners
@VS 14 Thanks for the comment. We are glad you liked it. Yes Correspondent Banking is very depended on the other party so the level of risk will always be high.
Hi Shri Nath, thank you for the comment. In our Sanction video we drill down into OFAC quite a bit. Have a look at this video and let us if you require more detail. ruclips.net/video/78C7A0jBgVY/видео.html Thanks for the support.
@karish Thanks for the comment. Great to see the video is well received. Our idea on the videos is always to make them as easy as possible to understand complex topics. Good suggestion!!! 👍
the biggest risk is the reliance on other banks performing the right level of diligence required plus you never really know who is the end customer Thanks for the question
Highly informative! Correspondent Banking is always high risk largely due to the anonymity of the parties involved. Have to highly depend on their banking partners
@VS 14 Thanks for the comment. We are glad you liked it. Yes Correspondent Banking is very depended on the other party so the level of risk will always be high.
Hey thank you so much for the knowledge keep doing more❤
@@SATISHKUMAR-q2s7v Thank you for the support and comment. We have loads new videos coming soon
Please do a video on OFAC ...at least a quick quidence about OFAC and it's objectives and all ..
Hi Shri Nath, thank you for the comment. In our Sanction video we drill down into OFAC quite a bit. Have a look at this video and let us if you require more detail. ruclips.net/video/78C7A0jBgVY/видео.html
Thanks for the support.
Thanks.very well.explained..keep the good work.on.
@V Raj Thank you for the comment and support. We will continue the good work indeed :)
easy to understand and great work done 👍🏼
would appreciate if you could make a video on financial secrecy & secrecy jurisdictions
@karish Thanks for the comment. Great to see the video is well received. Our idea on the videos is always to make them as easy as possible to understand complex topics.
Good suggestion!!! 👍
Excellent video. Do post a video on the Wolfsberg Due Diligence Questionnaire
@Debasis Patri Thanks for the suggestion, that would be a good one in the future.
@@KYCLookup i would like to see that too
@@claudiaellis2765 Thanks for also agreeing to the suggestion 👍
Hi, thank you for this video, very well explained!. I wonder if you can make a video about RMA. Many thanks in advance.
@Cecilia Carrasco Salinas Thank you for the comment and support. By RMA do you mean Relationship Management Application within the Swift?
Hi, yes!!! Relations Management Application. I think also there is a version that is call RMA plus
In addition to AML & compliance risks, are there any prudential risks in offering correspondent banking?
the biggest risk is the reliance on other banks performing the right level of diligence required plus you never really know who is the end customer
Thanks for the question
Please also discuss Suspicious Transaction Report
@Syed Ali Talib. Thanks for the comment and suggestion.👍
Please make video on institutional KYC
@Amit_Tiwari Thanks for the comment. Please feel free to provide further details on the topic suggested so we can help you more. 🙂👍
Que représente un suspens de compte correspondant tant créditeur que débiteur ?
@Chance Mouissou - Thank you for the question, normally this happens when there is errors in the accounts.
Informative. But can u explain more on payable through account and how it is difference from correspondent banking
@Para Para Sakura thanks for the suggestion
@@KYCLookup yes i would like to see more on this topic
Nice information
Thanks
Please describe letter of credit
@Ronak ALi - Thanks for the comment and suggestion
The most anoying lector ever
@svinsky1 Thank you for the comment. 👍