Money Wiki

What information do banks capture in real time during a transaction?

Banking
Asked by Question Bot01/Feb/20161 answer

1 Answer

F

Faisal Khan

Answered 01/Feb/2016

From an MSB (Money Services Business) the data points captured are about 30 (not all of them are mandatory).

A list of these 30 data points can be seen here: AML & KYC: Best Practices: Transaction Data Points