Exam CAMS Topic 3 Question 318 Discussion

Actual exam question for ACAMS's CAMS exam
Question #: 318
Topic #: 3
Which practices should financial institutions (FIs) adopt for the process of terminating customer relationships? (Choose three.)

Suggested Answer: B,C,D Vote an answer

Financial institutions should have a standardized process for terminating customer relationships, including conducting risk assessments and documenting the reasons for termination. A final review of the customer's transaction history helps address any outstanding concerns or unresolved issues. Keeping thorough records of the termination process ensures compliance and provides documentation in case of any future inquiries or disputes.

by Belinda at Mar 14, 2026, 02:46 AM

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