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Layering Techniques

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Electronic funds transfers


The use of electronic funds transfers is a common layering technique.


Typically, layers are created by moving money through electronic funds transfers into and out of domestic and offshore bank accounts of fictitious individuals and shell companies.


Electronic Funds Transfers


Given the large number of electronic funds transfers daily and the sometimes limited information disclosed about each transfer, it is often difficult for authorities to distinguish between clean and dirty money.

 

 

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Last updated: Friday, 28 October, 2011