2021 AMLC Registration and Reporting Guidelines

June 23, 2021 AMLC REGULATORY ISSUANCE NO. 4, S. 2021 SUBJECT : 2021 AMLC Registration and Reporting Guidelines In accordance with Sections 7 (1), 7 (7), and 9 (c) of Republic Act No. 9160, also known as the Anti-Money Laundering Act of 2001, as amended, in relation to Rule 22, Sections 1.1, 4, and 7, of its 2018 Implementing Rules and Regulations (IRR), the Council, in its Resolution No. 142, dated 22 June 2021, approved the adoption of 2021 AMLC Registration and Reporting Guidelines : PART 1 General Provisions I. Legal Framework Covered and suspicious transaction reporting framework is one of the cornerstones of the Philippines' anti-money laundering/counter-terrorism financing (AML/CTF) regime. Covered Persons, as the first line of defense against money laundering/terrorism financing (ML/TF), are mandated to report all covered and suspicious transactions to the Anti-Money Laundering Council (AMLC). The reports should be complete, accurate, and timely as they provide vital information for the effective identification and detection of financial crime patterns and trends through financial analysis. The results of analysis on these reports are essential in the investigation and prosecution of civil forfeiture, money laundering/terrorism financing (ML/TF) and other related cases, as well as in assessing institutional, sectoral, and national ML/TF risks. Thus, the importance of complete, accurate, and timely reports cannot be overemphasized. A. Anti-Money Laundering Act Republic Act No. 9160, also known as the Anti-Money Laundering Act of 2001, as amended (AMLA), provides the primary legal framework for reporting covered and suspicious transactions: Section 7 (1) of the AMLA authorizes the AMLC to require, receive and analyze covered and suspicious transaction reports from covered persons. To be able to file the reports, Rule 22, Section 4, of the 2018 IRR requires covered persons to register with the AMLC's electronic reporting system. Section 9 (c) of the AMLA requires covered persons to file covered and suspicious transaction reports in accordance with the standards set therein. Under Section 3 (h) of the AMLA, in relation to Rule 2, Section 1 (a) and (z), of the 2018 IRR, a transaction refers not only to individual transactions, but also to any act establishing any right or obligation or giving rise to any contractual or legal relationship between the parties thereto ( i.e. , an activity or account of a customer). Any covered person who, knowing that a covered or suspicious transaction is required to be reported to the AMLC, fails to do so shall be guilty of ML under the last paragraph of Section 4 of the AMLA. Rule 22, Section 6, of the 2018 IRR, in relation to Section 9 (c), paragraph 4, of the AMLA, refers to the "Safe Harbor Provision." This provision encourages covered persons to vigorously report covered and suspicious transactions as there is a legal assurance that they shall not be held administratively, criminally, or civilly liable for filing covered and suspicious transaction reports in the regular performance of his duties and in good faith. Notwithstanding the foregoing, Rule 22, Section 3, of the 2018 Implementing Rules and Regulations (IRR) of the AMLA emphasizes the importance of complete, accurate and timely reporting of covered and suspicious transactions. Malicious reporting is a criminal offense under Section 14 (c) of the AMLA. Rule 22, Section 7, of the 2018 IRR, in relation to Section 9 (c), paragraph 5, of the AMLA, refers to the "Confidentiality Provision." This provision prohibits the covered persons, and their officers and employees from communicating, directly or indirectly, in any manner or by any means, to any person or entity, or the media, the fact that a covered or suspicious transaction has been or is about to be reported, the contents of the report, or any other information in relation thereto. Breach of confidentiality is a criminal offense under Section 14 (d) of the AMLA. Section 4 of the AMLA provides that money laundering is also committed by any covered person who, knowing that a covered or suspicious transaction is required to be reported fails to do so. B. Terrorism Financing and Suppression Act Republic Act No. 10168, also known as the Terrorism Financing Prevention and Suppression Act of 2012 (TFPSA), provides the legal framework for reporting suspicious transactions related to TF: Section 17 of TFPSA requires that TF be subject to the suspicious transaction reporting requirements under the AMLA. Rule 3.a.15 of the IRR of the TFPSA provides additional circumstances that would make transactions suspicious in the context of terrorism financing. II. Definition of Terms For purposes of these Guidelines, the following terms are hereby defined as follows: a. "Account" refers to a bank account, electronic money account, investment account, insurance policy, membership account, and other similar contract or service agreement, business or professional relationships between a covered person and its customers where funds or any monetary instrument of the latter are held by the former. b. "Anti-Money Laundering Act" (AMLA) refers to Republic Act No. 9160, as amended by Republic Act Nos. 9194, 10167, 10365, 10927, and 11521. c. "Anti-Money Laundering Council" (AMLC) refers to the Philippines' central AML/CTF authority and financial intelligence unit, which is the government instrumentality mandated to implement the AMLA and TFPSA. It also refers to the official name of the Council, which is the governing body of the said government agency. For purposes of these Guidelines, the government agency shall be referred hereafter as the "AMLC," while the governing body shall be referred hereafter as the "Council." d. "Bank Inquiry" (BI) refers to a provisional remedy that allows the AMLC to examine or inquire into particular bank accounts or investment with a bank or non-bank financial institution, notwithstanding the provisions of Republic Act No. 1405, as amended; Republic Act No. 6426, as amended; Republic Act No. 8791; and other bank secrecy laws. e. "Covered Person" (CP) refers to the financial institutions and designated non-financial businesses and professions under Rule 4, Section 1, of the 2018 IRR, excluding casinos. f. "Covered Transaction" refers to: (1) A transaction in cash or other equivalent monetary instrument exceeding Five Hundred Thousand pesos (PHP500,000.00). (2) A transaction with or involving jewelry dealers, dealers in precious metals and dealers in precious stones in cash or other equivalent monetary instrument exceeding One Million pesos (Php1,000,000.00). (3) A cash transaction with or involving real estate developers or brokers exceeding Seven Million Five Hundred Thousand Pesos (P7,500,000.00) or its equivalent in any other currency. g. "Covered Transaction Report" (CTR) refers to a report on a covered transaction, as herein defined, filed by a covered person before the AMLC. h. "Civil Forfeiture" (CF) refers to the non-conviction-based proceedings aimed at forfeiting, in favor of the government, monetary instruments or properties related to an unlawful activity or money laundering offense defined herein. i. "Executive Director" refers to the chief executive officer of the AMLC, in accordance with Rule 6, Section 2, of the 2018 IRR of the AMLA. For purposes of these Guidelines, in the absence of the Executive Director, the Officer-in-Charge of the AMLC shall discharge his functions herein. j. "Know-Your-Customer (KYC) Documents" refer to those documents obtained by covered persons to establish the true and full identity of customers, including records of customer profiling and related information. It is also called customer due diligence (CDD) records or customer identification documents. k. "File Transfer and Reporting Facility" (FTRF) refers to the AMLC Portal found at https://portal.amlc.gov.ph . l. "Freeze Order" (FO) refers to a provisional remedy aimed at blocking or restraining monetary instruments or properties in any way related to an unlawful activity, as herein defined, from being transacted, converted, concealed, moved, or disposed without affecting the ownership thereof. m. "Risk-Based Approach" refers to the process by which countries, competent authorities, and covered persons identify, assess, and understand the ML/TF risks to which they are exposed, and take the appropriate mitigation measures in accordance with the level of risk. This includes prioritization and efficient allocation of resources by the relevant key players and stakeholders in applying AML/CTF measures in their operations in a way that ensures that they are commensurate with the risks involved. n. "Suspicion" refers to a person's state of mind based on his skills, experience, and/or understanding of the customer profile which considers that there is a possibility that any of the suspicious circumstances exists. o. "Suspicious Circumstance" refers to any of the following circumstances, the existence of which makes a transaction suspicious: (1) there is no underlying legal or trade obligation, purpose or economic justification; (2) the client is not properly identified; (3) the amount involved is not commensurate with the business or financial capacity of the client; (4) taking into account all known circumstances, it may be perceived that the client's transaction is structured in order to avoid being the subject of reporting requirements under the AMLA; (5) any circumstance relating to the transaction which is observed to deviate from the profile of the client and/or the client's past transactions with the covered person; (6) the transaction is in any way related to ML/TF or related unlawful activity that is about to be committed, is being or has been committed; or (7) any transaction that is similar, analogous, or identical to any of the foregoing, such as the relevant transactions in related and materially-linked accounts, as herein defined. o.2 The presence of the following circumstances under the Rule 3.a.15 of the IRR of TFPSA shall also make transactions suspicious: (1) Wire transfers between accounts, without visible legal, economic, or business purpose, especially if the wire transfers are effected through countries which are identified or connected with terrorist activities; (2) Sources and/or beneficiaries of wire transfers are citizens of countries which are identified or connected with terrorist activities; (3) Repetitive deposits or withdrawals that cannot be satisfactorily explained or do not make economic or business sense; (4) Value of the transaction is grossly over and above what the client is capable of earning; (5) Client is conducting a transaction that is out of the ordinary for his known business interests; (6) Deposits by individuals who have no known connection or relation with the account holder; (7) Client is receiving remittances from a country where none of his family members is working or residing; (8) Client was reported and/or mentioned in the news to be involved in terrorist activities; (9) Client is under investigation by law enforcement agencies for possible involvement in terrorist activities; (10) Transactions of individuals, companies, or Non-Government Organizations (NGOs)/Non-Profit Organizations (NPOs) that are affiliated or related to people suspected of having connection with a terrorist individual, organization, association, or group of persons; (11) Transactions of individuals, companies or NGOs/NPOs that are suspected of being used to payor receive funds from a terrorist individual, organization, association, or group of persons; (12) The NGO/NPO does not appear to have expenses normally related to relief or humanitarian efforts; (13) The absence of contributions from donors located within the country of origin of the NGO/NPO; (14) The volume and frequency of transactions of the NGO/NPO are not commensurate with its stated purpose and activity; and (15) Any other transaction that is similar, identical, or analogous to any of the foregoing. p. "Suspicious Transaction" refers to a transaction, regardless of amount, where any of the suspicious circumstances, as herein defined, is determined, based on suspicion or, if available, reasonable grounds, to be existing. q. "Suspicious Transaction Report" (STR) refers to a report on a suspicious transaction, as herein defined, filed by a covered person before the AMLC. r. "Terrorism Financing" (TF) refers to the crime defined under Section 4 of the TFPSA. s. "Terrorism Financing Prevention and Suppression Act" (TFPSA) refers to Republic Act No. 10168. t. "Transaction" refers to any act establishing any right or obligation or giving rise to any contractual or legal relationship between the covered person and its customer. It also includes any movement of funds, by any means, in the ordinary course of business of a covered person. u. "Unlawful Activity" refers to the associated unlawful activities, also known as predicate crimes, to money laundering defined under Section 3 (i) of the AMLA. III. Covered Transaction Reports (CTRs) A. CPs shall report to the AMLC all covered transactions within five (5) working days from occurrence thereof. B. Submission of CTRs beyond 12:01 am of the day following the 5th working day from occurrence of the transaction shall be considered as non-compliance with the requirement to file CTRs in accordance with the standard set by the AMLA, and may be subject to appropriate administrative sanctions, if circumstances so warrant. C. All CPs shall report to the AMLC all covered transactions, regardless of the mode of payment used in the settlement thereof, including transactions in checks, fund transfers, and/or debiting or crediting of accounts, except those transactions that are deferred for reporting to the AMLC and covered under the low risk transactions (Part 1 General Provisions, Item VII). The AMLC, through the Executive Director, may direct covered persons to submit all covered transactions, including low risk, of persons subject of AMLC investigation. IV. Suspicious Transaction Reports (STRs) A. Recognizing Suspicious or Unusual transactions. CDD provide the basis for recognizing unusual and suspicious transactions and events. An effective way of recognizing suspicious transactions is knowing enough about customers, their circumstances, and their pattern of activities to recognize when a transaction, or a series of transactions, is unusual, warranting the conduct of an internal inquiry, and suspicious transaction reporting. The key is the customer's profile. Where a transaction is inconsistent in amount, origin, destination, or type with a customer's known, legitimate business or activities, etc., the transaction should be considered unusual, and the covered person should be put on alert. Where a responsible officer of the covered person conducts inquiries and obtains what it considers to be a satisfactory explanation of the activity or transaction, it may conclude that there are no grounds for suspicion, and therefore take no further action. However, where the inquiries do not provide a satisfactory explanation of the activity or transaction, an internal report should be made and be properly escalated to the designated compliance officer and/or review committee to determine if there are grounds for suspicion warranting the submission of the STR. B. Alerts and Red flags. Covered persons should have systems in place that would alert its responsible officers or employees of any circumstance or situation that would give rise to a suspicion of ML/TF activity or transaction. The following is a list of non-exhaustive examples of situations that might give rise to a suspicion in certain circumstances: 1. transactions or instructions which have no apparent legitimate purpose and/or appear not to have a commercial rationale; 2. transactions, instructions, or activity that involve apparently unnecessary complexity or which do not constitute the most logical, convenient, or secure way to do business; 3. where the transaction being requested by the customer, without reasonable explanation, is out of the ordinary range of services normally requested, or is outside the experience of the financial services business in relation to the particular customer; 4. where, without reasonable explanation, the size or pattern of transactions is out of line with any pattern that has previously emerged; 5. where the customer refuses to provide the information requested without reasonable explanation or who otherwise refuses to cooperate with the CDD and/or ongoing monitoring process; 6. where a customer who has entered into a business relationship uses the relationship for a single transaction or for only a very short period without a reasonable explanation; 7. the extensive use of trusts or offshore structures in circumstances where the customer's needs are inconsistent with the use of such services; 8. transfers to and from high risk jurisdictions without reasonable explanation, which are not consistent with the customer's declared business dealings or interests; and 9. unnecessary routing of funds or other property from/to third parties or through third party accounts. Covered persons are encouraged to develop their own list of alerts or red flag indicators taking into account the nature of their business, type of customers and risks involved. See Annex D for examples of Examples of Alerts, Red Flags and Suspicious Indicators C. Reporting Chain/Process. Covered persons shall formulate a reporting chain under which a suspicious transaction or circumstance will be reviewed, processed, validated, and escalated. The reporting chain shall refer to the procedures and processes to be undertaken by the covered person beginning from the occurrence of triggering event to the actual filing of STR or documentation of not filing one. It shall include relevant timeline for each process and the responsible officer thereof. For this purpose and subject to the Guidelines under item F below, the covered person's Money Laundering/Terrorism Financing Prevention Program (MTPP) shall, among others: 1. Provide details of procedures and processes to be undertaken during the determination period referred to under item F below beginning from the occurrence of the triggering event to the actual filing of STR to the AMLC, or documentation of not filing one, thus, constituting the full length of the reporting chain; 2. Identify responsible department/group/unit/personnel in performing specific procedure or process in the reporting chain; 3. Clearly indicate the number of days or period required to perform every procedure or process in the reporting chain to ensure timely reporting of transactions; 4. Except for suspicious circumstances under Section 3 (b-1) of the AMLA, define policy on the establishment of suspicion or determination of the suspicious nature of transactions arising from TMS-generated alerts, including the determination of frequency of the periodic run, which must not be longer than thirty-one (31) consecutive calendar days at any given time, inclusive dates or period of each run, parameters to trigger an alert, assignment of transactions to appropriate personnel for evaluation, and other relevant matters; 5. Specify controls and mechanisms to monitor the review, performance of due diligence, validation, and escalation procedures on suspicious transactions; 6. Formulate decision-making policy, including the designation of a Compliance Officer who may also be authorized to decide with finality to file an STR with the AMLC or otherwise to document the non-filing thereof. Covered persons shall ensure that proper controls are in place to guarantee confidentiality and that no "tipping-off" of customers will happen at all times during the entire process. For this reason, the Chief Compliance Officer shall have access to all customer information files and transaction documents through the electronic or manual customer monitoring system. D. Quality, Form and Timing of Submission of STRs. Covered persons shall ensure the completeness, accuracy, and timeliness of STRs. It shall be filed in such form as may be prescribed by the AMLC and shall be submitted in a secured manner to the AMLC in electronic form. In the submission of STRs, the following periods must be observed: 1. Reporting Period Covered persons shall promptly file STRs, including attempts thereof, to the AMLC within the next working day from the occurrence thereof. "Occurrence" shall refer to the date of establishment of suspicion or determination of the suspicious nature of the transaction. 2. Determination Period Determination period refers to the maximum number of days allowed within which covered persons, through the duly designated approving authority, shall have decided with finality to file an STR with the AMLC should the suspicion or suspicious nature of the transaction or activity be duly established or determined, or otherwise to document the non-filing thereof. The determination period shall be, as follows: a. For transactions attended by any of the suspicious circumstances enumerated under Section 3 (b-1) of the AMLA and Rule 3.a.15 of the IRR of TFPSA Covered persons shall establish or determine the existence of any of the suspicious circumstances enumerated under Section 3 (b-1) of the AMLA and Rule 3.a.15 of the IRR of TFPSA in any transaction or activity, including any attempt thereof, within ten (10) calendar days from the date of the transaction or from the date the covered person knew of or should have known the suspicion or suspicious nature of the transaction regardless whether such suspicious circumstances are embedded or conclusively incorporated in the transaction monitoring system (TMS); provided, however, that for transactions that are related to an unlawful activity, the provisions in the next paragraph shall apply. b. For transactions or persons related to an unlawful activity Covered persons shall establish or determine that the transaction is in any way related to an unlawful activity, or the person transacting is involved in or connected to an unlawful activity or money laundering offense, including any attempt thereof, within a reasonable period of time, which in no case shall exceed sixty (60) calendar days from the date of the transaction or from the date the covered person knew of or should have known such suspicion or suspicious nature of the transaction regardless whether such suspicious circumstances are embedded or conclusively incorporated in the transaction monitoring system (TMS). Such determination period shall allow covered persons to gather facts in order to enable the submission of a meaningful STR. c. For Referrals from AMLC Covered persons shall establish the suspicion, determine the suspicious nature of the transaction, or establish that the person transacting is involved in or connected to an unlawful activity or money laundering offense, including any attempt thereof, within a reasonable period of time, which in no case shall exceed ten (10) calendar days from receipt of the referral, provided, that such referral identifies a specific underlying unlawful activity. In case the referral does not identify any specific unlawful activity, the determination period shall not exceed sixty (60) calendar days from receipt of such referral. d. For Highly Unusual or Suspicious Transactions Covered persons shall establish the suspicion or determine the suspicious nature of the transaction, activity, or circumstance, including any attempt thereof, promptly on the date of the transaction, activity, or establishment of the suspicious circumstance. A transaction or activity, or any attempt thereof, shall be considered highly unusual or suspicious under the following circumstances, to wit: i. When the suspicion or suspicious nature of the transaction, activity or circumstance is immediately known or apparent to the personnel handling the transaction; ii. When, at the time of transaction, activity or occurrence of the circumstance, the covered person has knowledge or reason to suspect that the funds being transacted are related to an unlawful activity, money laundering or terrorism financing; iii. When the transaction involves an account which has previously been the subject of bank inquiry, freeze order or Asset Preservation Order; iv. When the prevailing circumstances, taken altogether, would engender a reasonable conclusion to require immediate action from law enforcement agencies to prevent any unlawful activity or money laundering offense; v. When the transaction, activity or circumstances is patently or known to be in any way related to terrorism or financing of terrorism; vi. Persons, whether natural or juridical, included in any sanctions list; and, vii. Such other circumstances analogous to the foregoing or otherwise deemed justifiable or reasonable depending on the facts of each case. e. For TMS-Generated Alerts Covered persons shall establish the suspicion or determine the suspicious nature of the transaction, or any attempt thereof, within sixty (60) calendar days from the date of the transaction, arising from TMS-generated alerts and based on any periodic run inclusive of certain number of transaction dates, which shall not be longer than thirty-one (31) consecutive calendar days at any given time. f. STRs based on "ZSTR" transaction code Covered persons shall establish the suspicious nature of transactions or circumstances involving any accountholder or account within sixty (60) calendar days from the date the covered person knew of or should have known any trigger for filing STR using the "ZSTR" transaction code such as but not limited to negative news report, public advisory, complaint or information from a third person, reports on crimes and losses, and other similar triggers, regardless whether such trigger has occurred or was discovered only after the last transaction with the covered person involving such accountholder or account and provided within the period of existence of such account. "Knowledge," under these Guidelines is likely to include: i. Actual knowledge; ii. Knowledge of circumstances that would indicate facts to a reasonable person; and iii. Knowledge of circumstances that would put a reasonable person on inquiry. E. KYC Documents shall be uploaded as an integral part of STRs that are related to the following unlawful activities: PC1 - Kidnapping for Ransom PC2 - Drug Trafficking PC12 - Hijacking; destructive arson; and murder, including those perpetrated by terrorists against non-combatant persons and similar targets PC13 - Terrorism and conspiracy to commit terrorism PC14 - Financing of Terrorism PC34 - Violation of Section 19 (A) (3) of RA 10697, otherwise known as the Strategic Trade Management Act, in relation to the financing of proliferation of weapons of mass destruction and its financing pursuant to United Nations Security Council Resolution Nos. 1718 of 2006 and 2231 of 2015. The foregoing requirement is without prejudice to AMLC requesting the KYC Documents to be uploaded as part of other STRs, whether or not related to the abovementioned unlawful activities. See Part 4, Chapter 2.3 of the AMLC Registration and Reporting Guidelines for a step-by-step procedure of the Uploading of KYC Documents. F. Should a transaction be determined to be both a covered and a suspicious transaction, the CP shall report the same as a suspicious transaction. V. Non-working and Non-reporting Days A. The following non-working days are excluded from the counting of the prescribed reporting period: weekend (Saturday and Sunday) regular national holiday officially declared national holiday and workday suspensions officially declared local non-working holidays and work suspensions, Provided, that CPs located in the affected localities shall submit a deviation request, subject to the approval of the Executive Director of the AMLC. B. Reporting shall automatically be suspended when the AMLC's File Transfer and Reporting Facility (FTRF) is unavailable. 1. for at least four (4) consecutive hours during the day, wherein counting of said hours shall start at 8:00 AM; or 2. at any time after 7 o'clock in the evening, wherein FTRF connection is not resolved within one (1) hour. Covered Persons that wishes to continue reporting despite the reporting suspension shall document and report to the AMLC the unavailability of the FTRF to give the AMLC a chance to remedy the situation. C. The Executive Director of the AMLC may, at his/her discretion, declare national or localized "non-reporting days" based on the following: When there is a declaration of state of national or local emergency, calamity, community quarantine, or similar restrictions. Non-reporting days are excluded from the counting of the prescribed reporting period. The AMLC portal shall be inaccessible from 1:00-3:00 AM daily to allow AMLC to perform back-up and other maintenance activities. VI. Form and Mode of Reporting CTRs and STRs shall be in electronic form and filed through the AMLC's File Transfer and Reporting Facility (FTRF). VII. Low Risk Transactions Low Risk Transactions reporting, i.e. , shall be reported upon directive of the AMLC. The following are the covered transactions declared by the Council as having "low risk" A. Low Risk Transactions for BSP Supervised Financial Institutions (BSFIs): 1. Transactions between BSFIs and the BSP; 2. Transactions between banks operating in the Philippines, however, limited to proprietary transactions only. Proprietary transactions carried-out for the account and sole benefit of the bank BSFI. When a transaction is carried-out by the bank BSFI upon the instruction, as well as for the account and benefit of its customers using the depositors'/customers' own money, this is considered a non-proprietary transaction, and shall be reported as covered transaction/s; 3. Transactions involving transfer of funds from one deposit account to another deposit account of the same person within the same BSFI; 4. Roll-over of placements of time deposits and/or other client's investments, provided that there is no change in the Account number and the initial placement/contribution/investment was reported; 5. BSFI-initiated (transactions of the bank) or system generated transactions such as but not limited to: a. Internal operating expenses and capital expenditures that are booked as such in the books of the covered persons. These are necessary expenses of covered institutions for the normal day-to-day running of a business. These are transactions of covered persons and, therefore, not reportable. Such as, but not limited to payment of salaries, taxes, debt service, SSS premiums, Pag-IBIG contributions and employees' benefits. b. Payments of dividends or interests on investments, provided that the principal investment was previously reported; c. Remittance by a BSFI, acting as a collecting agent, of taxes and other government fees collected from the public, to the Bureau of Internal Revenue and other government agencies; d. Remittance by a BSFI, acting as a collecting agent, of customers' bills payment (e.g., utilities) ; e. Adjusting entries or reclassification of accounts; f. Service fees, proprietary revenue fees, arrangement fees, loan syndication fees and other form of fees incidental to loans granted or investments sold, provided that the loans granted or the sale of investment was reported at gross or at its principal amount; and g. Investments of covered persons in government securities, or in companies listed in the local or international Stock Exchanges. 6. Reclassification of loan security to Real and Other Properties Acquired (ROPA); 7. Loan repricing, loan renewal, loan restructuring, provided that there is no change in borrower's name, otherwise, the loan shall be considered as new loan, hence, reportable; 8. Withdrawal of Investment/Contribution from Personal Equity Retirement Account (PERA) Providers, provided that the withdrawal was reported by the PERA Administrators; 9. Transaction of government agencies with BSFIs, except the following: a. Disbursements of government agencies that passed through the Modified Disbursement Scheme (MDS), which disbursements are payable to private entities; non-governmental organizations (NGOs); non-profit, charitable, or religious foundations; or to individual persons; b. Disbursements of government agencies coursed through other depository BSFIs, other than the MDS accounts, that are payable to private entities; non-governmental organizations (NGOs); non-profit, charitable, or religious foundations; or to individual persons; and c. Government agency refers to any of the various units of the Government, including a department, bureau, office, instrumentality, or government-owned or controlled corporations, or a local government or a distinct unit. 10. Agrarian Reform Receivables; and 11. Payment for agricultural lands under the Agrarian Reform Law. B. Low Risk Transactions for Operators of Payment System 1. Settlement transactions of participants in PhilPaSS 2. Cash-in transactions with a cash-in system provider 3. Payment clearing transactions of the CSO of an ACH 4. Clearing and Settlement transactions of an NPP with network members 5. Settlement transactions of merchant acquirers and/or payment facilitators to merchants and/or sub-merchants 6. Settlement transactions of an ASN to its subscribers 7. Payment transactions facilitated through payment gateways 8. Settlement transactions of platform providers to its merchants/sellers 9. Settlement transactions of bills payment service providers to billers/merchants C. Low Risk Transactions for Money Service Businesses: 1. Pre-fund deposit and replenishment to process remittance transactions; 2. Payment of commission, charges, or other operating income expenses for services rendered; 3. Foreign exchange transactions between a parent, its subsidiaries, and affiliates, however limited to subsidiaries and affiliates who are also CPs; 4. Internal operating and capital expenses: a. Lease agreement and rental payments; b. Office repairs and maintenance expenses; c. Purchase of furniture, fixtures, and equipment (FEE); d. MSBs using its remittance services to credit employees' salaries; e. MSBs using its remittance services to fund its employees travel allowances; f. MSB employees using their company's remittance services to liquidate expenses, such as excess funds from previous cash advances; and g. MSB head offices using their company's remittance services to fund the payment expenses of their branches. 5. Payment of MSBs taxes, such as corporate income tax, VAT, and percentage tax. D. Low Risk Transactions for SEC Supervised Financial Institutions: 1. Transactions between banks and quasi-banks operating in the Philippines, however, limited to proprietary transactions only. Proprietary transactions carried-out for the account and sole benefit of the covered person. When a transaction is carried-out by the covered person upon the instruction, as well as for the account and benefit of its customers using the depositors'/customers' own money, this is considered a non-proprietary transaction, and shall be reported as covered transaction/s; 2. Roll-over of client's investments or deposit substitutes, provided that the principal investment was previously reported; 3. Transactions between parent bank and its subsidiary or associate financing company or affiliates. However, limited to proprietary transactions only. Proprietary transactions carried-out for the account and sole benefit of the covered person. When a transaction is carried-out by the covered person upon the instruction, as well as for the account and benefit of its customers using the depositors'/customers' own money, this is considered a non-proprietary transaction, and shall be reported as covered transaction/s; 4. Loan repricing, loan renewal, loan restructuring, provided that there is no change in borrower's name, otherwise, the loan shall be considered as new loan, hence, reportable; 5. Internal operating expenses and capital expenditures that are booked as such in the books of the covered persons; These are necessary expenses of covered institutions for the normal day-to-day running of a business. These are transactions of covered institutions and, therefore, not reportable. Such as, but not limited to payment of salaries, taxes, debt service, SSS premiums, Pag-IBIG contributions and employees' benefits. 6. Adjusting entries or reclassification of accounts; and 7. Service fees, proprietary revenue fees, arrangement fees, loan syndication fees and other form of fees incidental to loans granted or investments sold, provided that the loans granted, or the sale of investment was reported at gross or at its principal amount. 8. Withdrawal of Investment/Contribution from Personal Equity Retirement Account (PERA) Providers, provided that the withdrawal was reported by the PERA Administrators. E. Low Risk Transactions for IC Supervised Financial Institutions: 1. Transactions between domestic insurance companies/professional reinsurers/intermediaries licensed by the Insurance Commission; 2. Renewal of non-life insurance policies under the same terms and conditions provided that a CTR has been previously filed; 3. Automatic premium advance; 4. Collection of premium payments from telemarketing, or direct marketing or through SMS and/or by way of salary deductions, where the bulk settlement exceeds P500,000.00 but the individual transactions are below the reporting threshold amount; 5. Group Life Insurance and Hospitalization Insurance; 6. Transactions of members of Mutual Benefit Associations pertaining to basic benefits; 7. Bulk settlement of claims on death and disability benefits of a policy where individual claim does not exceed P500,000.00; 8. Transactions coursed through brokers, agents, and other intermediaries, in which case, however, the insurance company (principal) shall report the said transactions; 9. Internal operating expenses and capital expenditures that are booked as such in the books of the covered persons; and These are necessary expenses of covered institutions for the normal day-to-day running of a business. These are transactions of covered institutions and, therefore, not reportable. Such as, but not limited to payment of salaries, taxes, debt service, SSS premiums, Pag-IBIG contributions and employees' benefits. 10. Adjusting entries or reclassification of accounts. VIII. Compliance Checking and Administrative Sanctions To ensure compliance with the ARRG, the AMLC, through its Compliance and Supervision Group (CSG), may conduct compliance checking, including onsite and offsite inspection. Compliance findings may be the subject of the Enforcement Action Guidelines (EAG), which took effect on 11 September 2020, for the imposition of enforcement actions, if warranted, to address the cited findings. High-risk violations of the ARRG shall be subject to administrative sanctions, in accordance with the Rule of Procedure in Administrative Cases (RPAC) under the AMLA, which took effect on 21 August 2019. The imposition of administrative sanctions shall be without prejudice to the filing of criminal cases, if warranted. PART 2 Online Registration INTRODUCTION One of the many functions of the Anti-Money Laundering Council (AMLC) is "To require and receive and analyze covered or suspicious transaction reports (CTRS/STRs) from covered persons" (Section 7.1 of R.A. 9160, as amended). In addition, Sec. 4, Rule 22, in relation to Sec. 3.2, Rule 4, and Sec. 1.4, Rule 35 of the 2018 IRR of the AMLA states that "All covered persons shall register with the AMLC's electronic reporting system (in) accordance with the registration and reporting guidelines." In order to transmit CTRs and STRs, CPs need to register with the AMLC in order to be given access to the AMLC Portal. The Online Registration System for CPs will allow Compliance Officers to manage their user accounts as well as that of their alternates. The system will also provide a means of monitoring CP's user accounts by requiring Compliance Officers to update their information every two (2) years. GUIDELINES 1. Before proceeding with the Online Registration, Compliance Officers (COs)/Associated Persons (APs)/Primary Designated Officers (PDOs) should have document/s showing his/her designation. Documents should be uploaded in PDF format. a. Secretary Certificate and/or Board/Partnership Resolution and/or General Information Sheet for COs of CPs supervised or regulated by the BSP, IC, SEC, Designated Non-Financial Businesses and Profession (DNFBPs), and other CPs. b. Certificate of Associated Persons for APs of Brokerage Companies. c. DTI Certificate for Pawnshops/Money Service Businesses (PS/MSB) and DNFBPs registered as Single Proprietorship as well as a Document, notarized and signed by the owner of the such MSB/PS or DNFBP designating the PDO, if the PDO is not the owner of the MSB/Pawnshop or DNFBP. d. PRC Certificate of Registration/License for Real Estate Brokers. e. Accreditation of the Service Provider of Offshore Gaming Operator (OGO-SP) from the Appropriate Government Agency (AGA). 2. COs/APs/PDOs should download the Transaction Security Protocol Manual from www.amlc.gov.ph and perform the following steps: a. Download the Gnu Privacy Guard (GPG) software from www.amlc.gov.ph under the Reporting Tools tab. b. Install the GPG Software. c. Generate public key. d. Export public key (file extension is .asc). Be ready with your exported asc file as this will be needed during online registration e. Get and save the AMLC public key (amlc.asc) from www.amlc.gov.ph under the Reporting Tools tab. f. Import the AMLC Public key (amlc.asc). g. Certify and Sign AMLC Public key. h. Back-up of COs Public key. 3. Once Items 1-2 have been performed/accomplished, COs/APs/PDOs may now proceed with the Online Registration ( https://portal.amlc.gov.ph ). 4. Registration will be processed daily; cut-off time is 1:00 PM, registration received after 1:00 PM will be processed the following day. 5. The Secretariat will issue a Certificate of Registration, with the facsimile signature of the AMLCS Executive Director or the Officer-in-Charge, to successfully-registered CPs, upon request. The said certification will be sent via email as a PDF file. For new PS/MSB, pending issuance by the BSP of its Institution Code, the AMLC Secretariat may issue a Provisional Certificate of Registration (PCOR) to the registering PS/MSB upon its compliance with Guidelines 1 to 3 hereof. For new DNFBP, pending its completion of all the requirements enumerated in Sec. 48 of the AML/CFT Guidelines for DNFBPs, the AMLC Secretariat may issue a PCOR upon compliance with the requirements in Guidelines 1 to 3 hereof, and upon uploading through the AMLC Portal the following requirements in PDF format: a. Notarized Deed of Undertaking signed by the officer authorized by the DNFBP's Board of Directors/Partners/Owners to strictly comply with the requirements, rules and regulations of the AMLC and those issued by the appropriate regulatory, supervisory, professional or other similar authority (Annex B of the AML/CFT Guidelines for DNFBPs), and b. Notarized Deed of Undertaking signed by the officer of the registering DNFBP who shall be responsible for any violation of the AMLA, as amended, and its IRRs (Annex C of the AML/CFT Guidelines for DNFBPs) The PCOR shall be valid for six (6) months, unless the ED or OIC grants a one-time, non-renewable extension for up to six (6) months, upon written request or email citing justifiable grounds. PSs/MSBs or DNFBPs that have successfully complied with all the requirements for registration may, upon request, be issued a COR with the facsimile signature of the ED or OIC. 6. A two (2) year mandatory update of the registration via the Online Registration System is required. Failure to update the registration will result in the deactivation of the CPs user access in the AMLC Portal. A CP is also required to immediately update its registration online whenever there is a change in its CO/authorized representative, its address and contact details, or any material change in its registration. 7. List of successfully registered MSBs and Pawnshops, and DNFBPs will be published in the AMLC website, to be updated monthly. Log-on to https://portal.amlc.gov.ph 1. Click on Register 2. Covered Person Registration page will appear, please read the instructions first before proceeding to Step 1 of 3. Step 1 of 3: Key in details of the Covered Person and Contact Details of the Authorized Officer. Once step 1 of the Registration process is completed, click on Next to go to the 2nd step. Note: Be sure to have a scanned copy of your document/s stating your appointment as the CO/AP/PDO; have generated your public key using Kleopatra and have your exported asc file before proceeding to the next page (Step 2 of 3). 3. Step 2 of 3 are the details of the CO/AP/PDO, as well as the key details of their public key. This is also where the CO/AP/PDO uploads supporting documents (PDF) of his/her appointment and his exported asc file. If there is no alternate, click "Done," otherwise click "Add Alternate." 4. Continue to add details of the alternate (if any). Public key (Key details) of the Alternate is optional. If alternate generated a public key, please continue with the key details. 5. Step 3 of 3 shows the Summary of Registration, if all details are correct, Click "Save"; to edit details of registration, Click "Previous," to exit page without saving, Click "Exit." 6. After you click Save, a window will appear, showing that Registration has been successful. Please take note of your Reference No. You will need this to check the status of your Registration. 7. To verify if your Registration has been successful, please check your registered email and click the link to verify your email address. Note: Email verification will be sent to the email address of the CO/AP/PDO, as well as the designated alternate (if any). 8. After the CO/AP/PDO and alternate have validated their email addresses, this page will appear, just click "Agree." Then click on the "Exit" button. 9. To check the status of your Registration, log-in to https://portal.amlc.gov.ph , and click on Registration Status. Please enter the reference number of your Registration. If you have not received an email from AMLC requesting verification of your account, please check your registration status, it will show if the email address is still unverified , if still unverified, please check if the email address is correct and edit accordingly. Then click the "Resend" button. 10. Once the AMLC has processed your Registration, you will receive an email from the AMLC whether Registration has been approved or disapproved, and whether such approval is for a PCOR or a COR. For PS, MSB, or DNFBP whose registration has been approved for PCOR, the AMLC will require completion of all the other requirements within six (6) months from approval of its PCOR. Otherwise, its PCOR will be cancelled, unless the ED or OIC grants a one-time, non-renewable extension thereof for up to six (6) months, upon written request or email, citing justifiable ground. Requests for extension must be submitted not later than ten (10) working days prior to the expiration of the PCOR. Below is a sample email of an approved Registration. Please note that AMLC can only approve your Registration when the Compliance Officer and all the registered alternate/s have verified their email addresses. 11. Once registration has been approved, log-in to https://portal.amlc.gov.ph to change your password. Please log in using the first 6-digits or first 9-digits of your institution code, email address and system generated password. Once password has been changed, you can now start to access the AMLC portal. PART 3 Transaction Security Protocol GUIDELINES A. The File Transfer and Reporting Facility using the Hypertext Transfer Protocol over Secure Socket Layer (FTRF v 2.0) shall be used by the CPs in transmitting their respective reports. B. Hypertext Transfer Protocol over Secure Socket Layer (HTTPS) is a private, secure and graphical method of accessing web page information and/or sending information across a web. It is especially useful for encrypting forms-based information as it passes between clients and servers. HTTPS which is implemented under the File Transfer and Reporting Facility (FTRF v 2.0) will address the efficiency, integrity and security concerns of data collection from the Covered Persons. C. File Transfer and Reporting Facility (FTRF) has the following features: a. Secure upload provides data encryption, server authentication and message integrity; b. Self-signed Digital Identification & Certificate allows encrypting and digital signing of messages; and D. The self-signed digital identification shall be implemented for all CPs. AMLC and the CPs shall use the Gnu Privacy Guard (GPG) software for their encryption and authentication and the GPG supported algorithm (MD5) for their signing. Installer of the said software shall be provided by AMLC upon registration. E. The compliance officer of the CP shall generate his private key as well as public key using GPG which shall be uploaded during the Online Registration. F. The signed public key of the AMLC shall be used by the CPs to: a. Encrypt the electronic files (CTR/STR in csv format) to be submitted to AMLC; and b. Verify the signature of the files they will receive from AMLC. H. The signed private key of the AMLC shall be used by AMLC to: a. Decrypt the encrypted files sent by the CPs which were encrypted using AMLC's signed public key; and b. Sign the electronic files they will send to the CPs. I. The signed public key of the CP shall be used by the AMLC to: a. Encrypt the validation messages that AMLC will send to the CP; and b. Verify the signature of the files AMLC will receive from the CPs. J. The signed private key of the CP shall be used by them to: a. Decrypt the AMLC validation messages from AMLC; and b. Sign the electronic files they will send to AMLC. K. CPs are required to encrypt and sign the electronic CTR/STR files before transmitting them to AMLC via https (AMLC portal). L. In cases wherein the public key is compromised, superseded or no longer in use, CPs should perform the recovery procedure, only if they have successfully performed the back-up procedure of their existing private and public keys, to be able to continue to encrypt file. Otherwise, a new pair of public and private keys shall be generated and to be uploaded via the Online Registration System. PROCEDURES: 1. Installing the GnuPG for Windows Software (Gpg4win 2.1.0) Download the gpg4win 2.1.0 from www.amlc.gov.ph , under Reporting Tools, then save this to your local drive. Double click gpg4win-2.1.0.exe . You will be asked if you want to allow the program to make changes in your computer. Click Yes . The Installer Language window will be displayed on the screen. Select English , then click Ok . The Gpg4win Setup window will be displayed on the screen. Click Next . The License Agreement window will be displayed on the screen. Click Next . Select components to install. Check Kleopatra, GpgEX , and Gpg4win Compendium , then uncheck other components. Click Next . Specify destination folder, then, click Next . For 32 bit machine the default directory is C:\Program Files\GNU\GnuPG . For 64 bit machine the default directory is C:\Program Files (x86)\GNU\GnuPG . Select where Gpg4win shall install links. Check Start Menu and Desktop , then click Next . Choose Start Menu folder for the Gpg4win shortcuts. Enter Gpg4win , then click Install . Please wait while Gpg4win is being installed. Once the setup is completed successfully, click Next . Check Root certificate defined or skip configuration, then click Next . Click Finish . 2. Generation of Key Pairs (One time Procedure) From your desktop, double click Kleopatra . The Kleopatra main window will be displayed on the screen. Click File , then select New Certificate . Certificate Creation Wizard will be displayed on the screen. Click Create a personal OpenPGP key pair . Enter Details, then click Advance Settings . Note: Name Name of Compliance Officer Email Email address of Compliance Officer Comment Name of the company The Technical Details window will be displayed on the screen. From Key Material, select DSA: 2,048 bits (default) . Check + Elgamal: 2,048 bits (default) . From Certificate Usage, check Signing, Encryption and Certification . Click Ok . From the Certificate Creation Wizard window, click Next . From Certificate Creation Wizard, check Show all details , review the certificate parameters, then click Create Key . Pin entry window will be displayed on the screen. Enter Passphrase (gpg password of compliance officer), then click Ok . Re-enter passphrase, then click Ok . Please be reminded that once you forget your passphrase, you need to generate a new public key, since AMLC cannot retrieve the said passphrase. Wait until the key pair is successfully created. Click Finish . 3. Exporting Public Key From your desktop, double click Kleopatra . The Kleopatra main window will be displayed on the screen. Click the name of the compliance officer, then click Export Certificates . Select the directory where the public key is to be saved, then click Save . For 32 bit machine: c:\Program Files\GNU\GnuPG\ For 64 bit machine: c:\Program Files (x86)\GNU\GnuPG\ Note : The default filename of the public key is the key fingerprint. Please be ready with the exported asc file as you will need this for ONLINE REGISTRATION. 4. Saving AMLC public key Get a copy of the AMLC public key (amlc.asc) from www.amlc.gov.ph under Reporting Tools then save this to your local drive. For 32 bit machine: c:\Program Files\GNU\GnuPG\ For 64 bit machine: c:\Program Files (x86)\GNU\GnuPG\ 5. Importing of AMLC public key From your desktop, double click Kleopatra . The Kleopatra main window will be displayed on the screen. Click Import Certificates . Select the directory where you have saved the AMLC.asc , then click Open . The Certificate Import Result window will be displayed on the screen. Click Ok . The imported public key will be displayed on Kleopatra Imported Certificates tab. 6. Certifying AMLC Key From your desktop, double click Kleopatra . From Kleopatra main window, click Anti-Money Laundering Council's public key . From the menu bar, click Certificates , then click Certify Certificate . Check Anti-Money Laundering Council , then check I have verified the fingerprint . Click Next . Select Certify only for myself , then click Certify . Enter passphrase of compliance officer, then click Ok . Click Finish . 7. Backup Procedure Make sure to do this procedure to ensure that you will not perform all the steps enumerated above in the event that your public key has been corrupted. Open Kleopatra . From My Certificates tab, click the name of the key owner (Compliance Officer). From the menu bar, click File then select Export Certificates . Select the directory where you want to save the backup of your public key (USB), by default filename is your fingerprint. (You have the option to change the filename) Click Save. On My Certificates tab, click the name of the key owner (Compliance Officer). From the menu bar, click File then select Export Secret Keys . Select the directory where you want to save the backup of your private key (USB) by clicking the diskette icon. Create a filename for your secret key backup and select the directory where you want to save the backup of secret key (USB) then click Save. 8. Recovery Procedure This is done if the public key is compromised, only if the CPs have performed the back-up procedure for their private and public keys. Follow the procedure in installing the GPG Software. Once installed, Open Kleopatra then click File then Select Import Certificate. Select the directory where the backup of your public key (.asc) is saved then click Open. Certificate Import Result window will appear then click Ok. To import your secret key, click file then select Import Certificate. Select the directory where the backup of your private key (.gpg) is saved then click Open. Certificate Import Result window will appear then click Ok. Repeat Procedures 4-6 of the Transaction Security Protocol. Installation of GPG Suite (GPG Software for MacOS) 1. Browse to the AMLC website Services Reporting Tools 2. Download GPG for MacOS. 3. Launch the downloaded installer. Click on the Install icon. 4. Click on Continue. 5. Click on Agree. 6. Click on Install. 7. Input the MacOS username and password (username used to boot-up the Mac). 8. Wait for the installation process to finish. 9. Click on Close. 10. If a window pops-up confirming access to control GPG Keychain, click on Ok. Generation of Key Pairs (One-time Procedure) 1. The Create New Key Pair dialog box will automatically pop-up. Input the name of the compliance officer, email address, passphrase (to be used whenever a report will be signed and encrypted prior to submission to the AMLC). Click on Advanced option and input the name of the institution (on the comment text box), key type (set to DSA and Elgamal), length (set to 2048), and uncheck key expiration. Click on Create Key. 2. After the key pair is created, click on No to skip uploading of the public key to a key server. Exporting Public Key 1. Right click on the created key pair. Click on Export 2. Rename the default filename. Use the .asc filename extension. Set the preferred location. Ensure the tick box to include secret key is unchecked. Click on Save. 3. Click on Ok. Saving AMLC public key 1. Browse to the AMLC website Services Reporting Tools 2. Right click on AMLC.asc. Click on Download Linked File As . . . Save the file to your preferred location. 3. Browse to where the exported file was saved. If the file AMLC.asc ends with the .txt extension, right click on the file, click on Rename. Remove the .txt filename extension. 4. Click on Use .asc to confirm the removal of the .txt extension. Importing of AMLC public key 1. Click on the GPG Keychain window. Click Import button, or under the menu bar, click on File Import. . . 2. Browse to the location where the AMLC.asc file was downloaded and renamed. Click on Open. 3. Click on Ok. Certifying AMLC Key 1. Right click on the AMLC's public key. Click on Sign. 2. Click on Sign. 3. Enter your passphrase. 4. Click on Ok. 5. Double click on the AMLC public key. Set the Ownertrust to Full. Backup Procedure 1. To back up the key pair, click on the created key pair, click on Export. Set the filename, location and ensure the tick box to include secret key is checked. Click on Save. 2. Enter the passphrase. Click on Ok. Recovery Procedure (To be done only when the original setup is compromised, and only if the CP has performed the back-up procedure). 1. Click on Import. Select the backup file. Click on Open. 2. Enter the passphrase. 3. Click on Ok. 4. Double click on the restored key pair. Set the Ownertrust to Ultimate. PART 4 Reporting Procedures COVERED/SUSPICIOUS TRANSACTION REPORT 1.1 Data Elements Chart (Format Code 1.0) BSP/SEC/DNFBP 1.2 Electronic Record Format (Format 1.0 BSP/SEC/DNFBP) HEADER RECORD FIELD NO. FIELD NAME TYPE LENGTH FORMAT VALUE/REMARKS H-1 Header Record Indicator Text 1 H H for Header H-2 Supervising Agency Number 1 9 1 BSP, 2 SEC, 4 DNFBP H-3 Institution Code Number 11/18 9 (11)/ (18) BSP Library (for BSP supervised) AMLC Library (for SEC-supervised) H-4 Report Date Number 8 9 (8) yyyymmdd ; not greater than current date; not less than 20011017 H-5 Report Type Text 3 X (3) CTR, STR H-6 Format Code/STR Trigger Text 1 X (1) 1 for CTR; For STRs: A-CP (proactive/alerts); B-PPP; C KYC Docs requested by AMLC; D Shared AMLC Studies; E Watchlist; F Freeze Orders H-7 Submission Type Text 1 X (1) A add, E edit/correction, D delete, T test DETAIL RECORD Transaction Data FIELD NO. FIELD NAME TYPE LENGTH FORMAT VALUE/REMARKS D-1 Detail Record Indicator Text 1 D D for Detail *D-2 Transaction Date/ Transaction Date & Time Number 8/14 9 (8)/ 9 (14) YYYYMMDD YYYYMMDDHHMMSS D-3 Transaction Code Text 5 X (5) AMLC Transaction Codes D-4 Transaction Reference No. Text 50 X (50) must be unique per transaction date D-5 Account No./PN No./Client Stock Ref. No./Certificate No. Text 40 X (40) D-6 Old Account No./PN No./Client Stock Ref. No. Text 40 X (40) D-7 Transaction Amount (Php) Number 20 9 (18).99 Greater than 0 w/ or w/o decimal value D-8 Transaction Amount (FX) Number 17 9 (15).99 Optional D-9 FX Currency Code Text 3 X (3) optional; mandatory if FX amount <> null D-10 Nature/Purpose of Transaction/Virtual Currency Name/Code Text 200 X (200) D-11 Inception/Effectivity Date Number 8 9 (8) yyyymmdd ; date should not be less than 20011017 D-12 Maturity Date/Expiry Date Number 8 9 (8) yyyymmdd ; date should not be less than the inception date D-13 Amount of Claim/Dividend Number 20 9 (18).99 Greater than 0 w/ or w/o decimal value D-14 No. of shares/units Number 20 9 (18).99 Greater than 0 D-15 Net Asset Value/Amount of Approved Loan/Amount of ROPA Number 17 9 (15).99 Greater than 0 w/ or w/o decimal value D-16 Name of Correspondent Bank Text 90 X (90) D-17 Address Address1 50 X (50) Room No./Office Name, Bldg./House No., Street, Subd./Brgy. Address2 50 X (50) District, Town, City Address3 30 X (30) Province, Country code, ZIP D-18 Country Code of Correspondent Bank Number 3 9 (3) Country Code (Refer to Systems Code, Chapter 8.3) * For D2, the use of the Transaction Date & Time is mandatory for CASA, Time Deposit, Foreign Exchange and Remittance Transactions; for all other transaction codes, the time of transaction shall be optional. Subject Data Detail Record Party details (Multiple) ACCOUNT HOLDER/CUSTOMER D-A-1 Party Type Flag Text 1 X A Accountholder/Customer D-A-2 Customer Reference Number Text 50 X (50) D-A-3 Name Flag Text 1 X Y if acct. holder/customer is a corporation N if acct. holder/customer is an individual D-A-4 Name Text Last Name 150 X (150) Last name of account holder/customer First Name 150 X (150) First name of account holder/customer Middle Name 150 X (150) Middle name of account holder/customer D-A-5 Address Text Address1 600 X (600) Room No./Office Name, Bldg./House No., Street, Subd./Brgy. Address2 100 X (100) District, Town, City Address3 100 X (100) Province, Country, ZIP D-A-6 Birthdate/Registration Date Number 8 9 (8) for corporate accts. current date > date and date > 1521; for individual accounts. date < current date and the difference between current date and birthdate must be less than 150 D-A-7 Place of Birth/Registration Text 90 X (90) City, Municipality, Country D-A-8 Nationality Text 40 X (40) D-A-9 ID Type Text 4 X (4) ID1 Passport ID2 Driver's License ID3 PRC ID ID4 NBI Clearance ID5 Police Clearance ID6 Postal ID ID7 Voter's ID ID8 TIN ID9 Barangay Certification ID10 GSIS e-Card/UMID ID11 SSS ID12 Senior Citizen Card ID13 Overseas Workers Welfare Administration (OWWA) ID ID14 OFW ID ID15 Seaman's Book ID16 Alien/Immigrant Certification of Registration ID17 Gov't. Office/GOCC ID ID18 Certification from National Council for the Welfare of Disabled Persons (NCWDP) ID19 Department of Social Welfare and Development (DSWD) Certification ID20 Integrated Bar of the Philippines (IBP) ID ID21 Company ID ID22 Student's ID ID23 National ID ID24 SEC Certificate of Registration ID25 Business Registration Certificate ID26 PhilHealth ID ID27 Others D-A-10 Identification No. Text 30 X (30) D-A-11 Telephone No. Text 15 X (15) D-A-12 Nature of Business Text 35 X (35) BENEFICIARY D-B-1 Party Type Flag Text 1 X B Beneficiary D-B-2 Customer Reference Number Text 50 X (50) D-B-3 Name Flag Text 1 X Y if beneficiary is a corporation N if beneficiary is an individual D-B-4 Name Text Last Name 150 X (150) Last name of beneficiary First Name 150 X (150) First name of beneficiary Middle Name 150 X (150) Middle name of beneficiary D-B-5 Address Text Address1 600 X (600) Room No./Office Name, Bldg./House No., Street, Subd./Brgy. Address2 100 X (100) District, Town, City Address3 100 X (100) Province, Country, ZIP D-B-6 Account Number Text 40 X (40) D-B-7 Birthdate/Registration Date Number 8 9 (8) for corporate accts. current date > date and date > 1521; for individual accts. date < current date and the difference between current date and birthdate must be less than 150 D-B-8 Place of Birth/Registration Text 90 X (90) City, Municipality, Country D-B-9 Nationality Text 40 X (40) D-B-10 ID Type Text 4 X (4) ID1 Passport ID2 Driver's License ID3 PRC ID ID4 NBI Clearance ID5 Police Clearance ID6 Postal ID ID7 Voter's ID ID8 TIN ID9 Barangay Certification ID10 GSIS e-Card/UMID ID11 SSS ID12 Senior Citizen Card ID13 Overseas Workers Welfare Administration (OWWA) ID ID14 OFW ID ID15 Seaman's Book ID16 Alien/Immigrant Certification of Registration ID17 Gov't. Office/GOCC ID ID18 Certification from National Council for the Welfare of Disabled Persons (NCWDP) ID19 Department of Social Welfare and Development (DSWD) Certification ID20 Integrated Bar of the Philippines (IBP) ID ID21 Company ID ID22 Student's ID ID23 National ID ID24 SEC Certificate of Registration ID25 Business Registration Certificate ID26 PhilHealth ID ID27 Others D-B-11 Identification No. Text 30 X (30) D-B-12 Telephone No. Text 15 X (15) D-B-13 Nature of Business Text 35 X (35) COUNTERPARTY D-C-1 Party Type Flag Text 1 X C Counterparty D-C-2 Customer Reference Number Text 50 X (50) D-C-3 Name Flag Text 1 X Y if counterparty is a corporation N if counterparty is an individual D-C-4 Name Text Last Name 150 X (150) Last name of counterparty First Name 150 X (150) First name of counterparty Middle Name 150 X (150) Middle name of counterparty D-C-5 Address Text Address1 600 X (600) Room No./Office Name, Bldg./House No., Street, Subd./Brgy. Address2 100 X (100) District, Town, City Address3 100 X (100) Province, Country, ZIP D-C-6 Account Number Text 40 X (40) OTHER PARTICIPANT D-O-1 Party Type Flag Text 1 X P Other Participant D-O-2 Customer Reference Number Text 50 X (50) D-O-3 Name Flag Text 1 X Y if other participant is a corporation N if other participant is an individual D-O-4 Name Text Last Name 150 X (150) Last name of other participant First Name 150 X (150) First name of other participant Middle Name 150 X (150) Middle name of other participant D-O-5 Address Text Address1 600 X (600) Room No./Office Name, Bldg./House No., Street, Subd./Brgy. Address2 100 X (100) District, Town, City Address3 100 X (100) Province, Country , ZIP D-O-6 Account Number Text 40 X (40) ISSUER D-I-1 Party Type Flag Text 1 X I Issuer D-I-2 Customer Reference Number Text 50 X (50) D-I-3 Name Flag Text 1 X Y if issuer is a corporation N if issuer is an individual D-I-4 Name Text Last Name 150 X (150) Last name of issuer First Name 150 X (150) First name of issuer Middle Name 150 X (150) Middle name of issuer D-I-5 Address Text Address1 600 X (600) Room No./Office Name, Bldg./House No., Street, Subd./Brgy. Address2 100 X (100) District, Town, City Address3 100 X (100) Province, Country, ZIP D-I-6 Account Number Text 40 X (40) TRANSACTOR D-T-1 Party Type Flag Text 1 X T Transactor D-T-2 Customer Reference Number Text 50 X (50) D-T-3 Name Flag Text 1 X N if transactor is an individual D-T-4 Name Text Last Name 150 X (150) Last name of transactor First Name 150 X (150) First name of transactor Middle Name 150 X (150) Middle name of transactor D-T-5 Address Text Address1 600 X (600) Room No./Office Name, Bldg./House No., Street, Subd./Brgy. Address2 100 X (100) District, Town, City Address3 100 X (100) Province, Country, ZIP D-T-6 Account Number Text 40 X (40) SUBJECT OF SUSPICION D-S-1 Party Type Flag Text 1 X S Subject of Suspicion D-S-2 Customer Reference Number Text 50 X (50) D-S-3 Name Flag Text 1 X Y if subject of suspicion is a corporation N if subject of suspicion is an individual D-S-4 Name Text Last Name 150 X (150) Last name of subject of suspicion First Name 150 X (150) First name of subject of suspicion Middle Name 150 X (150) Middle name of subject of suspicion D-S-5 Address Text Address1 600 X (600) Room No./Office Name, Bldg./House No., Street, Subd./Brgy. Address2 100 X (100) District, Town, City Address3 100 X (100) Province, Country, ZIP D-S-6 Account Number Text 40 X (40) D-S-7 Birthdate/Registration Date Number 8 9 (8) for corporate accts. current date > date and date > 1521; for individual accounts. date < current date and the difference between current date and birthdate must be less than 150 D-S-8 Place of Birth/Registration Text 90 X (90) City, Municipality, Country D-S-9 Nationality Text 40 X (40) D-S-10 ID Type Text 4 X (4) ID1 Passport ID2 Driver's License ID3 PRC ID ID4 NBI Clearance ID5 Police Clearance ID6 Postal ID ID7 Voter's ID ID8 TIN ID9 Barangay Certification ID10 GSIS e-Card/UMID ID11 SSS ID12 Senior Citizen Card ID13 Overseas Workers Welfare Administration (OWWA) ID ID14 OFW ID ID15 Seaman's Book ID16 Alien/Immigrant Certification of Registration ID17 Gov't. Office/GOCC ID ID18 Certification from National Council for the Welfare of Disabled Persons (NCWDP) ID19 Department of Social Welfare and Development (DSWD) Certification ID20 Integrated Bar of the Philippines (IBP) ID ID21 Company ID ID22 Student's ID ID23 National ID ID24 SEC Certificate of Registration ID25 Business Registration Certificate ID26 PhilHealth ID ID27 Others D-S-11 Identification No. Text 30 X (30) D-S-12 Telephone No. Text 15 X (15) D-S-13 Nature of Business Text 35 X (35) Details of Suspicion D-D-1 Reason Memo 800 Reason for Suspicion SI1 There is no underlying legal or trade obligation, purpose or economic justification. SI2 The client is not properly identified. SI3 The amount involved is not commensurate with the business or financial capacity of the client. SI4 The transaction is structured to avoid being reported. SI5 There is a deviation from the client's profile/past transactions. SI6 The transaction is similar, analogous or identical to any of the foregoing. (Additional reason is required after a semicolon, i.e., SI6; The client is . . .) PC1 Kidnapping for ransom PC2 Drug trafficking and related offenses PC3 Graft and corrupt practices PC4 Plunder PC5 Robbery and Extortion PC6 Jueteng and Masiao PC7 Piracy on the high seas PC8 Qualified Theft PC9 Swindling PC10 Smuggling PC11 Violations under the Electronic Commerce Act of 2000 PC12 Hijacking; destructive arson; and murder, including those perpetrated by terrorists against non-combatant persons and similar targets PC13 Terrorism and conspiracy to commit terrorism PC14 Financing of Terrorism PC15 Bribery PC16 Frauds and Illegal Exactions and Transactions PC17 Malversation of Public Funds and Property PC18 Forgeries and Counterfeiting PC19 Violations of Sections 4 to 6 of the Anti-Trafficking in Persons Act of 2003 PC20 Violations of Sections 78 to 79 of the Revised Forestry Code of the Phils., as amended PC21 Violations of Sections 86 to 106 of the Fisheries Code of 1998 PC22 Violations of Sections 101 to 107 and 110 of the Philippine Mining Act of 1995 PC23 Violations of Section 27 (c), (e), (f), (g) and (i) of the Wildlife Resources Conservation and Protection Act PC24 Violation of Section 7b of the National Caves and Cave Resources Management Protection Act PC25 Violation of the Anti-Carnapping Act of 2002 PC26 Violations of Sections 1, 3 and 5 of the Decree Codifying the Laws on Illegal/Unlawful Possession Manufacture Dealing in, Acquisition or Disposition of Firearms, Ammunition or Explosives PC27 Violation of Anti-Fencing Law PC28 Violation of Section 6 of the Migrant Workers and Overseas Filipinos Act of 1995 PC29 Violation of Intellectual Property Code PC30 Violation of Section 4 of the Anti-Photo and Video Voyeurism Act of 2009 PC31 Violation of Section 4 of the Anti-Child Pornography Act of 2009 PC32 Violations of R.A. No. 7610, Special Protection of Children Against Abuse, Exploitation and Discrimination PC33 Fraudulent practices and other violations under the Securities Regulation Code of 2000 PC34 Violation of Section 19 (A) (3) of RA 10697, otherwise known as the Strategic Trade Management Act, in relation to the financing of proliferation of weapons of mass destruction and its financing pursuant to United Nations Security Council Resolution Nos. 1718 of 2006 and 2231 of 2015. PC35 Violations of Section 254 of Chapter II, Title X of the National Internal Revenue Code of 1997, as amended, where the deficiency basic tax due in the final assessment is in excess of twenty-five million pesos (PhP25,000,000.00) per taxable year, for each tax type covered and there has been a finding of probable cause by the competent authority: provided, further, that there must be a finding of fraud, willful misrepresentation or malicious intent on the part of the tax payer: provided, finally, that in no case shall the AMLC institute forfeiture proceedings to recover monetary instruments, property or proceeds representing, involving, or relating to a tax crime, if the same has already been recovered or collected by the BIR in a separate proceeding. PC36 Felonies or offenses of a similar nature that are punishable under the penal laws of other countries. D-D-2 Narrative Memo 4000 Narrative of events leading to Suspicion. TRAILER RECORD FIELD NO. FIELD NAME TYPE LENGTH FORMAT VALUE/REMARKS T-1 Trailer Record Indicator Text 1 T T for Trailer T-2 Php Amount Total Number 20 9 (18).99 Total Transaction Amount T-3 Records Total of batch to be sent Number 10 9 (10) Total number of CTR/STRs Note: Mandatory fields and parties are on a per transaction basis (Please refer to Annex C for the complete list of mandatory fields and parties). Failure to provide required information shall result in the rejection of the file. 1.3 Data Elements Chart (Format Code 1.0) IC 1.4 Electronic Record Format (Format 1.0 IC) HEADER RECORD FIELD NO. FIELD NAME TYPE LENGTH FORMAT VALUE/REMARKS H-1 Header Record Indicator Text 1 H H for Header H-2 Supervising Agency Number 1 9 3-IC H-3 Institution Code Number 11/18 9 (11)/ (18) AMLC Library (for IC-supervised) H-4 Report Date Number 8 9 (8) yyyymmdd ; not greater than current date; not less than 20011017 H-5 Report Type Text 3 X (3) CTR, STR H-6 Format Code/STR Trigger Text 1 X (10) 1 for CTR; For STRs: A CP (proactive/alerts); B PPP; C KYC Docs requested by AMLC; D Shared AMLC Studies; E Watch list; F Freeze Orders H-7 Submission Type Text 1 X (1) A add, E edit/correction, D delete, T test DETAIL RECORD Transaction Data FIELD NO. FIELD NAME TYPE LENGTH FORMAT VALUE/REMARKS D-1 Detail Record Indicator Text 1 D D for Detail *D-2 Transaction Date/Transaction Date & Time Number 8/14 9 (8)/ 9 (14) YYYYMMDD YYYYMMDDHHMMSS D-3 Transaction Code Text 5 X (5) AMLC Transaction Codes D-4 Transaction Reference No. Text 50 X (50) must be unique per transaction date D-5 Policy No./Certificate No./ OR/Provisional Receipt No. Text 40 X (40) D-6 Account No./Credit Card No. Text 40 X (40) D-7 Php Amount of Annual Premium/Excess/Advance Premium/Payment/Top-ups/Amount of Capital Infusion/Amount of Collateral Number 20 9 (18).99 Greater than 0 w/ or w/o decimal value D-8 FX Amount of Annual Premium /Excess/Advance Premium/Top-ups Number 17 9 (15).99 Optional D-9 FX Currency Code Text 3 X (3) Optional; mandatory if FX amount <> null D-10 Nature/Purpose of Transaction/Virtual Currency Name/Code Text 200 X (200) D-11 Policy Effectivity Date Number 8 9 (8) yyyymmdd ; date should not be less than 20011017 D-12 Maturity Date/Expiry Date Number 8 9 (8) yyyymmdd ; date should be between the transaction date and the policy date +100 years D-13 Php Amount of Claim/Dividend/CSV/Policy Loan Number 20 9 (18).99 Greater than 0 w/ or w/o decimal value D-14 Policy Amount/Face Value/Contract Value/Sum Insured (Php) Number 20 9 (18).99 Greater than 0 w/ or w/o decimal value D-15 Policy Amount/Face Value/Contract Value/Sum Insured (FX) Number 20 9 (18).99 Greater than 0 D-16 Policy/Insurance/Product Type Text 30 X (30) Life, variable, non-life, pre-need, MBA, etc. D-17 Terms of Insurance Policy (in years) Number 3 9 (3) * For D2, the use of the Transaction Date & Time shall be optional. Subject Data Detail Record Party details (Multiple) POLICY OWNER/CUSTOMER D-O-1 Party Type Flag Text 1 X O Policy Owner/Customer D-O-2 Customer Reference Number Text 50 X (50) D-O-3 Name Flag Text 1 X Y if policy owner/customer is a corporation N if policy owner/customer is an individual D-O-4 Name Text Last Name 150 X (150) Last name of policy owner/customer First Name 150 X (150) First name of policy owner/customer Middle Name 150 X (150) Middle name of policy owner/customer D-O-5 Address Text Address1 600 X (600) Room No./Office Name, Bldg./House No., Street, Subd./Brgy. Address2 100 X (100) District, Town, City Address3 100 X (100) Province, Country, ZIP D-O-6 Birthdate/Registration Date Number 8 9 (8) for corporate accts. current date > date and date > 1521; for individual accts. date < current date and the difference between current date and birthdate must be less than 150 D-O-7 Place of Birth/Registration Text 90 X (90) City, Municipality, Country D-O-8 Nationality Text 40 X (40) D-O-9 ID Type Text 4 X (4) ID1 Passport ID2 Driver's License ID3 PRC ID ID4 NBI Clearance ID5 Police Clearance ID6 Postal ID ID7 Voter's ID ID8 TIN ID9 Barangay Certification ID10 GSIS e-Card/UMID ID11 SSS ID12 Senior Citizen Card ID13 Overseas Workers Welfare Administration (OWWA) ID ID14 OFW ID ID15 Seaman's Book ID16 Alien/Immigrant Certification of Registration ID17 Gov't. Office/GOCC ID ID18 Certification from National Council for the Welfare of Disabled Persons (NCWDP) ID19 Department of Social Welfare and Development (DSWD) Certification ID20 Integrated Bar of the Philippines (IBP) ID ID21 Company ID ID22 Student's ID ID23 National ID ID24 SEC Certificate of Registration ID25 Business Registration Certificate ID26 PhilHealth ID ID27 Others D-O-10 Identification No. Text 30 X (30) D-O-11 Telephone No. Text 15 X (15) D-O-12 Nature of Business Text 35 X (35) INSURED D-I-1 Party Type Flag Text 1 X I Insured D-I-2 Customer Reference Number Text 50 X (50) D-I-3 Name Flag Text 1 X Y if insured is a corporation N if insured is an individual D-I-4 Name Text Last Name 150 X (150) Last name of insured First Name 150 X (150) First name of insured Middle Name 150 X (150) Middle name of insured D-I-5 Address Text Address1 600 X (600) Room No./Office Name, Bldg./House No., Street, Subd./Brgy. Address2 100 X (100) District, Town, City Address3 100 X (100) Province, Country, ZIP D-I-6 Account No. Text 40 X (40) D-I-7 Birthdate/Registration Date Number 8 9 (8) for corporate accts. current date > date and date > 1521; for individual accts. date <current date and the difference between current date and birthdate must be less than 150 D-I-8 Place of Birth/Registration Text 90 X (90) City, Municipality, Country D-I-9 Nationality Text 40 X (40) D-I-10 ID Type Text 4 X (4) ID1 Passport ID2 Driver's License ID3 PRC ID ID4 NBI Clearance ID5 Police Clearance ID6 Postal ID ID7 Voter's ID ID8 TIN ID9 Barangay Certification ID10 GSIS e-Card/UMID ID11 SSS ID12 Senior Citizen Card ID13 Overseas Workers Welfare Administration (OWWA) ID ID14 OFW ID ID15 Seaman's Book ID16 Alien/Immigrant Certification of Registration ID17 Gov't. Office/GOCC ID ID18 Certification from National Council for the Welfare of Disabled Persons (NCWDP) ID19 Department of Social Welfare and Development (DSWD) Certification ID20 Integrated Bar of the Philippines (IBP) ID ID21 Company ID ID22 Student's ID ID23 National ID ID24 SEC Certificate of Registration ID25 Business Registration Certificate ID26 PhilHealth ID ID27 Others D-I-11 Identification No. Text 30 X (30) D-I-12 Telephone No. Text 15 X (15) D-I-13 Nature of Business Text 35 X (35) BENEFICIARY D-B-1 Party Type Flag Text 1 X B Beneficiary D-B-2 Customer Reference Number Text 50 X (50) D-B-3 Name Flag Text 1 X Y if beneficiary is a corporation N if beneficiary is an individual D-B-4 Name Text Last Name 150 X (150) Last name of beneficiary First Name 150 X (150) First name of beneficiary Middle Name 150 X (150) Middle name of beneficiary D-B-5 Address Text Address1 600 X (150) Room No./Office Name, Bldg./House No., Street, Subd./Brgy. Address2 100 X (100) District, Town, City Address3 100 X (100) Province, Country, ZIP D-B-6 Account No. Text 40 X (40) D-B-7 Birthdate/Registration Date Number 8 9 (8) for corporate accts. current date > date and date > 1521; for individual accts. date < current date and the difference between current date and birthdate must be less than 150 D-B-8 Place of Birth/Registration Text 90 X (90) City, Municipality, Country D-B-9 Nationality Text 40 X (40) D-B-10 Relationship of Beneficiary to Insured Text 30 X (30) Spouse, child, parents, friend, others D-B-11 Designation of Beneficiary Code Text 1 X (1) Y revocable N irrevocable TRUSTEE D-U-1 Party Type Flag Text 1 X U Trustee D-U-2 Customer Reference Number Text 50 X (50) D-U-3 Name Flag Text 1 X Y if trustee is a corporation N if trustee is an individual D-U-4 Name Text Last Name 150 X (150) Last name of trustee First Name 150 X (150) First name of trustee Middle Name 150 X (150) Middle name of trustee D-U-5 Address Text Address1 600 X (600) Room No./Office Name, Bldg./House No., Street, Subd./Brgy. Address2 100 X (100) District, Town, City Address3 100 X (100) Province, Country, ZIP D-U-6 Account No. Text 40 X (40) PAYOR/TRUSTOR D-R-1 Party Type Flag Text 1 X R Payor/Trustor D-R-2 Customer Reference Number Text 50 X (50) D-R-3 Name Flag Text 1 X Y if payor/trustor is a corporation N if payor/trustor is an individual D-R-4 Name Text Last Name 150 X (150) Last name of payor/trustor First Name 150 X (150) First name of payor/trustor Middle Name 150 X (150) Middle name of payor/trustor D-R-5 Address Text Address1 600 X (600) Room No./Office Name, Bldg./House No., Street, Subd./Brgy. Address2 100 X (100) District, Town, City Address3 100 X (100) Province, Country, ZIP D-R-6 Account No. Text 40 X (40) TRANSACTOR D-T-1 Party Type Flag Text 1 X T Transactor D-T-2 Customer Reference Number Text 50 X (50) D-T-3 Name Flag Text 1 X N if transactor is an individual D-T-4 Name Text Last Name 150 X (150) Last name of transactor First Name 150 X (150) First name of transactor Middle Name 150 X (150) Middle name of transactor D-T-5 Address Text Address1 600 X (600) Room No./Office Name, Bldg./House No., Street, Subd./Brgy. Address2 100 X (100) District, Town, City Address3 100 X (100) Province, Country, ZIP D-T-6 Account No. Text 40 X (40) SUBJECT OF SUSPICION D-S-1 Party Type Flag Text 1 X S Subject of Suspicion D-S-2 Customer Reference Number Text 50 X (50) D-S-3 Name Flag Text 1 X Y if subject is a corporation N if subject is an individual D-S-4 Name Text Last Name 150 X (150) Last name of subject First Name 150 X (150) First name of subject Middle Name 150 X (150) Middle name of subject D-S-5 Address Text Address1 600 X (600) Room No./Office Name, Bldg./House No., Street, Subd./Brgy. Address2 100 X (100) District, Town, City Address3 100 X (100) Province, Country, ZIP D-S-6 Account No. Text 40 X (40) D-S-7 Birthdate/Registration Date Number 8 9 (8) for corporate accts. current date > date and date > 1521; for individual accts. date < current date and the difference between current date and birthdate must be less than 150 D-S-8 Place of Birth/Registration Text 90 X (90) City, Municipality, Country D-S-9 Nationality Text 40 X (40) D-S-10 ID Type Text 4 X (4) ID1 Passport ID2 Driver's License ID3 PRC ID ID4 NBI Clearance ID5 Police Clearance ID6 Postal ID ID7 Voter's ID ID8 TIN ID9 Barangay Certification ID10 GSIS e-Card/UMID ID11 SSS ID12 Senior Citizen Card ID13 Overseas Workers Welfare Administration (OWWA) ID ID14 OFW ID ID15 Seaman's Book ID16 Alien/Immigrant Certification of Registration ID17 Gov't. Office/GOCC ID ID18 Certification from National Council for the Welfare of Disabled Persons (NCWDP) ID19 Department of Social Welfare and Development (DSWD) Certification ID20 Integrated Bar of the Philippines (IBP) ID ID21 Company ID ID22 Student's ID ID23 National ID ID24 SEC Certificate of Registration ID25 Business Registration Certificate ID26 PhilHealth ID ID27 Others D-S-11 Identification No. Text 30 X (30) D-S-12 Telephone No. Text 15 X (15) D-S-13 Nature of Business Text 35 X (35) D-D-1 Reason Memo 800 Reason for Suspicion SI1 There is no underlying legal or trade obligation, purpose or economic justification. SI2 The client is not properly identified. SI3 The amount involved is not commensurate with the business or financial capacity of the client. SI4 The transaction is structured to avoid being reported. SI5 There is a deviation from the client's profile/past transactions. SI6 The transaction is similar, analogous or identical to any of the foregoing. (Additional reason is required after a semicolon, i.e., SI6; The client is . . .) PC1 Kidnapping for ransom PC2 Drug trafficking and related offenses PC3 Graft and corrupt practices PC4 Plunder PC5 Robbery and Extortion PC6 Jueteng and Masiao PC7 Piracy on the high seas PC8 Qualified Theft PC9 Swindling PC10 Smuggling PC11 Violations under the Electronic Commerce Act of 2000 PC12 Hijacking; destructive arson; and murder, including those perpetrated by terrorists against non-combatant persons and similar targets PC13 Terrorism and conspiracy to commit terrorism PC14 Financing of Terrorism PC15 Bribery PC16 Frauds and Illegal Exactions and Transactions PC17 Malversation of Public Funds and Property PC18 Forgeries and Counterfeiting PC19 Violations of Sections 4 to 6 of the Anti-trafficking in Persons Act of 2003 PC20 Violations of Sections 78 to 79 of the Revised Forestry Code of the Phils., as amended PC21 Violations of Sections 86 to 106 of the Fisheries Code of 1998 PC22 Violations of Sections 101 to 107 and 110 of the Philippine Mining Act of 1995 PC23 Violations of Section 27 (c), (e), (f), (g) and (i) of the Wildlife Resources Conservation and Protection Act PC24 Violation of Section 7b of the National Caves and Cave Resources Management Protection Act PC25 Violation of the Anti-Carnapping Act of 2002 PC26 Violations of Sections 1, 3 and 5 of the Decree Codifying the Laws on Illegal/Unlawful Possession Manufacture Dealing in, Acquisition or Disposition of Firearms, Ammunition or Explosives PC27 Violation of Anti-Fencing Law PC28 Violation of Section 6 of the Migrant Workers and Overseas Filipinos Act of 1995 PC29 Violation of Intellectual Property Code PC30 Violation of Section 4 of the Anti-Photo and Video Voyeurism Act of 2009 PC31 Violation of Section 4 of the Anti-Child Pornography Act of 2009 PC32 Violations of R.A. No. 7610, Special Protection of Children Against Abuse, Exploitation and Discrimination PC33 Fraudulent practices and other violations under the Securities Regulation Code of 2000 PC34 Violation of Section 19 (A) (3) of RA 10697, otherwise known as the Strategic Trade Management Act, in relation to the financing of proliferation of weapons of mass destruction and its financing pursuant to United Nations Security Council Resolution Nos. 1718 of 2006 and 2231 of 2015. PC35 Violations of Section 254 of Chapter II, Title X of the National Internal Revenue Code of 1997, as amended, where the deficiency basic tax due in the final assessment is in excess of twenty-five million pesos (PhP25,000,000.00) per taxable year, for each tax type covered and there has been a finding of probable cause by the competent authority: provided, further, that there must be a finding of fraud, willful misrepresentation or malicious intent on the part of the tax payer: provided, finally, that in no case shall the AMLC institute forfeiture proceedings to recover monetary instruments, property or proceeds representing, involving, or relating to a tax crime, if the same has already been recovered or collected by the BIR in a separate proceeding. PC36 Felonies or offenses of a similar nature that are punishable under the penal laws of other countries. D-D-2 Narrative Memo 4000 Narrative of events leading to Suspicion TRAILER RECORD FIELD NO. FIELD NAME TYPE LENGTH FORMAT VALUE/REMARKS T-1 Trailer Record Indicator Text 1 T T for Trailer T-2 Php Amount Total Number 20 9 (18).99 Total Transaction Amount T-3 Records Total of batch to be sent Number 10 9 (10) Total number of CTR/STRs Note: Mandatory fields and parties are on a per transaction basis (Please refer to Annex C for the complete list of mandatory fields and parties). Failure to provide required information shall result in the rejection of the file. 1.5 Electronic Record Format Bulk Reporting 1 (B1) FIRST ROW Column FIELD NAME TYPE LENGTH FORMAT VALUE/REMARKS A1 Format Code Text 2 X (2) B1 B1 Submission Type Text 1 X (1) A add, E edit, D delete, T test C1 Report Date Number 8 9 (8) YYYYMMDD D1 STR Trigger Text 1 X (1) A CP (proactive/alerts); B PPP; C KYC Docs requested by AMLC; D Shared AMLC Studies; E Watchlist; F Freeze Orders E1 Account Number Text 40 X (40) Customer Reference No. Text 30 X (30) Unique/Static No. assigned to the Account Holder (Party Type A) F1 Name Text G1 Last Name 100 X (100) Last name of account holder H1 First Name 100 X (100) First name of account holder Middle Name 100 X (50) Middle name of account holder I1 Address J1 Address1 100 X (100) Room No./Office Name, Bldg./House No., Street, Subd./Brgy. K1 Address2 100 X (100) District, Town, City L1 Address3 100 X (100) Province, Country code, ZIP M1 Birthdate/Registration Date Number 8 9 (8) YYYYMMDD N1 Place of Birth/Registration Text 90 X (90) City, Municipality, Country O1 Nationality Text 40 X (40) P1 ID Type Text 4 X (4) ID1 Passport ID2 Driver's License ID3 PRC ID ID4 NBI Clearance ID5 Police Clearance ID6 Postal ID ID7 Voter's ID ID8 TIN ID9 Barangay Certification ID10 GSIS e-Card/UMID ID11 SSS ID12 Senior Citizen Card ID13 Overseas Workers Welfare Administration (OWWA) ID ID14 OFW ID ID15 Seaman's Book ID16 Alien/Immigrant Certification of Registration ID17 Gov't. Office/GOCC ID ID18 Certification from National Council for the Welfare of Disabled Persons (NCWDP) ID19 Department of Social Welfare and Development (DSWD) Certification ID20 Integrated Bar of the Philippines (IBP) ID ID21 Company ID ID22 Student's ID ID23 National ID ID24 SEC Certificate of Registration ID25 Business Registration Certificate ID26 PhilHealth ID ID27 Others Q1 Identification No. Text 30 X (30) R1 Nature of Business Text 35 X (35) S1 Reason Memo 800 Reason for Suspicion SI1 There is no underlying legal or trade obligation, purpose or economic justification. SI2 The client is not properly identified. SI3 The amount involved is not commensurate with the business or financial capacity of the client. SI4 The transaction is structured to avoid being reported. SI5 There is a deviation from the client's profile/past transactions. SI6 The transaction is similar, analogous or identical to any of the foregoing. (Additional reason is required after a semicolon, i.e. , SI6; The client is . . .) PC1 Kidnapping for ransom PC2 Drug trafficking and related offenses PC3 Graft and corrupt practices PC4 Plunder PC5 Robbery and Extortion PC6 Jueteng and Masiao PC7 Piracy on the high seas PC8 Qualified Theft PC9 Swindling PC10 Smuggling PC11 Violations under the Electronic Commerce Act of 2000 PC12 Hijacking; destructive arson; and murder, including those perpetrated by terrorists against non-combatant persons and similar targets PC13 Terrorism and conspiracy to commit terrorism PC14 Financing of Terrorism PC15 Bribery PC16 Frauds and Illegal Exactions and Transactions PC17 Malversation of Public Funds and Property PC18 Forgeries and Counterfeiting PC19 Violations of Sections 4 to 6 of the Anti-Trafficking in Persons Act of 2003 PC20 Violations of Sections 78 to 79 of the Revised Forestry Code of the Phils., as amended PC21 Violations of Sections 86 to 106 of the Fisheries Code of 1998 PC22 Violations of Sections 101 to 107 and 110 of the Philippine Mining Act of 1995 PC23 Violations of Section 27 (c), (e), (f), (g) and (i) of the Wildlife Resources Conservation and Protection Act PC24 Violation of Section 7b of the National Caves and Cave Resources Management Protection Act PC25 Violation of the Anti-Carnapping Act of 2002 PC26 Violations of Sections 1, 3 and 5 of the Decree Codifying the Laws on Illegal/Unlawful Possession Manufacture dealing in, Acquisition or Disposition of Firearms, Ammunition or Explosives PC27 Violation of Anti-Fencing Law PC28 Violation of Section 6 of the Migrant Workers and Overseas Filipinos Act of 1995 PC29 Violation of Intellectual Property Code PC30 Violation of Section 4 of the Anti-Photo and Video Voyeurism Act of 2009 PC31 Violation of Section 4 of the Anti-Child Pornography Act of 2009 PC32 Violations of R.A. No. 7610, Special Protection of Children Against Abuse, Exploitation and Discrimination PC33 Fraudulent practices and other violations under the Securities Regulation Code of 2000 PC34 Violation of Section 19 (A) (3) of RA 10697, otherwise known as the Strategic Trade Management Act, in relation to the financing of proliferation of weapons of mass destruction and its financing pursuant to United Nations Security Council Resolution Nos. 1718 of 2006 and 2231 of 2015. PC35 Violations of Section 254 of Chapter II, Title X of the National Internal Revenue Code of 1997, as amended, where the deficiency basic tax due in the final assessment is in excess of twenty-five million pesos (PhP25,000,000.00) per taxable year, for each tax type covered and there has been a finding of probable cause by the competent authority: provided, further, that there must be a finding of fraud, willful misrepresentation or malicious intent on the part of the tax payer: provided, finally, that in no case shall the AMLC institute forfeiture proceedings to recover monetary instruments, property or proceeds representing, involving, or relating to a tax crime, if the same has already been recovered or collected by the BIR in a separate proceeding. PC36 Felonies or offenses of a similar nature that are punishable under the penal laws of other countries. T1 Narrative Memo 4000 Narrative of events leading to Suspicion - All Fields in Row 1 are mandatory except the Customer Reference Number (D1); which is mandatory only if Reason for Suspicion is any of the following: PC1, PC2, PC12, PC13 & PC14 - The name provided in row 1 (F1-H1) is considered as the Account Holder Party (A) as well as the Subject of Suspicion Party (S) - CRN, if available refers to the name provided in row 1 Details of the transactions (Starting at row 2) Column FIELD NAME TYPE LENGTH FORMAT VALUE/REMARKS *A Institution Code Number 11/18 9(11)/ (18) As provided by AMLC (Institution code of the branch where the transaction took place) *B Transaction Date Transaction Date & Time Number 8/ 14 9 (8)/ 9 (14) YYYYMMDD YYYYMMDDHHMMSS *C Transaction Code Text 5 X (5) AMLC Transaction Codes *D Transaction Reference No. Text 20 X (20) must be unique per transaction date *E Transaction Amount (Php) Number 20 9 (18).99 Greater than 0 w/ or w/o decimal value F Transaction Amount (FX) Number 17 9 (15).99 Optional G FX Currency Code Text 3 X (3) optional; mandatory if FX amount <> null H Name of Correspondent Bank Text 90 X (90) I Address1 50 X (50) Room No./Office Name, Bldg./ House No., Street, Subd./Brgy. J Address2 50 X (50) District, Town, City K Address3 30 X (30) Province, Country code, ZIP L Country Code of Correspondent Bank Number 3 9 (3) Country Code (Please refer to system codes in the AMLC Reporting Procedures Manual) * For Column B, the use of the Transaction Date & Time is mandatory for CASA, Time Deposit, Foreign Exchange and Remittance Transactions; for all other transaction codes, the time of transaction shall be optional. For transactions involving multiple parties continue with Columns M, N, O . . . Column FIELD NAME TYPE LENGTH FORMAT VALUE/REMARKS *M Party Type Flag Text 1 X B Beneficiary; C Counterparty; Other Participant O; Issuer I . . . Name Text *N Last Name 100 X (100) Last name of account holder *O First Name 100 X (100) First name of account holder P Middle Name 50 X (50) Middle name of account holder Address Q Address1 100 X (100) Room No./Office Name, Bldg./House No., Street, Subd./Brgy. R Address2 100 X (100) District, Town, City S Address3 50 X (50) Province, Country code, ZIP T Birthdate/Registration Date Number 8 9 (8) YYYYMMDD W Account Number Text 40 X (40) - All fields marked with asterisk are mandatory. - For remittance transactions, name, address and country code or correspondent bank will be mandatory. - B1 is used for bulk STRs involving one account holder with multiple STRs having the same reason for suspicion. - The Account Holder Party is mandatory for B1. - Customer Reference number is a unique and static identification number assigned to a customer of a covered person. 1.6 Electronic Record Format Bulk Reporting 2 (B2) FIRST ROW Column FIELD NAME TYPE LENGTH FORMAT VALUE/REMARKS *A1 Format Code Text 2 X (2) B2 *B1 Submission Type Text 1 X (1) A add, E edit, D delete, T test *C1 Report Date Number 8 9 (8) YYYYMMDD *D1 STR Trigger Text 1 X (1) A CP (proactive/alerts); B PPP; C KYC Docs requested by AMLC; D Shared AMLC Studies; E Watch list; F Freeze Orders *E1 Memo 800 Reason for Suspicion SI1 There is no underlying legal or trade obligation, purpose or economic justification. SI2 The client is not properly identified. SI3 The amount involved is not commensurate with the business or financial capacity of the client. SI4 The transaction is structured to avoid being reported. SI5 There is a deviation from the client's profile/past transactions. SI6 The transaction is similar, analogous or identical to any of the foregoing. (Additional reason is required after a semicolon, i.e. , SI6; The client is . . .) PC1 Kidnapping for ransom PC2 Drug trafficking and related offenses PC3 Graft and corrupt practices PC4 Plunder PC5 Robbery and Extortion PC6 Jueteng and Masiao PC7 Piracy on the high seas PC8 Qualified Theft PC9 Swindling PC10 Smuggling PC11 Violations under the Electronic Commerce Act of 2000 PC12 Hijacking; destructive arson; and murder, including those perpetrated by terrorists against non-combatant persons and similar targets PC13 Terrorism and conspiracy to commit terrorism PC14 Financing of Terrorism PC15 Bribery PC16 Frauds and Illegal Exactions and Transactions PC17 Malversation of Public Funds and Property PC18 Forgeries and Counterfeiting PC19 Violations of Sections 4 to 6 of the Anti-Trafficking in Persons Act of 2003 PC20 Violations of Sections 78 to 79 of the Revised Forestry Code of the Phils., as amended PC21 Violations of Sections 86 to 106 of the Fisheries Code of 1998 PC22 Violations of Sections 101 to 107 and 110 of the Philippine Mining Act of 1995 PC23 Violations of Section 27 (c), (e), (f), (g) and (i) of the Wildlife Resources Conservation and Protection Act PC24 Violation of Section 7b of the National Caves and Cave Resources Management Protection Act PC25 Violation of the Anti-Carnapping Act of 2002 PC26 Violations of Sections 1, 3 and 5 of the Decree Codifying the Laws on Illegal/Unlawful Possession Manufacture dealing in, Acquisition or Disposition of Firearms, Ammunition or Explosives PC27 Violation of Anti-Fencing Law PC28 Violation of Section 6 of the Migrant Workers and Overseas Filipinos Act of 1995 PC29 Violation of Intellectual Property Code PC30 Violation of Section 4 of the Anti-Photo and Video Voyeurism Act of 2009 PC31 Violation of Section 4 of the Anti-Child Pornography Act of 2009 PC32 Violations of R.A. No. 7610, Special Protection of Children Against Abuse, Exploitation and Discrimination PC33 Fraudulent practices and other violations under the Securities Regulation Code of 2000 PC34 Violation of Section 19 (A) (3) of RA 10697, otherwise known as the Strategic Trade Management Act, in relation to the financing of proliferation of weapons of mass destruction and its financing pursuant to United Nations Security Council Resolution Nos. 1718 of 2006 and 2231 of 2015. PC35 Violations of Section 254 of Chapter II, Title X of the National Internal Revenue Code of 1997, as amended, where the deficiency basic tax due in the final assessment is in excess of twenty-five million pesos (PhP25,000,000.00) per taxable year, for each tax type covered and there has been a finding of probable cause by the competent authority: provided, further, that there must be a finding of fraud, willful misrepresentation or malicious intent on the part of the tax payer: provided, finally, that in no case shall the AMLC institute forfeiture proceedings to recover monetary instruments, property or proceeds representing, involving, or relating to a tax crime, if the same has already been recovered or collected by the BIR in a separate proceeding. PC36 Felonies or offenses of a similar nature that are punishable under the penal laws of other countries. *F1 Narrative Memo 4000 Narrative of events leading to Suspicion Details of the transactions (Starting at row 2) Column FIELD NAME TYPE LENGTH FORMAT VALUE/REMARKS *A Institution Code Number 11/18 9 (11)/(18) As provided by AMLC (Institution code of the branch where the transaction took place) *B Transaction Date Transaction Date & Time Number 8/14 9 (8)/ 9 (14) YYYYMMDD YYYYMMDDHHMMSS *C Transaction Code Text 5 X (5) AMLC Transaction Codes *D Transaction Reference No. Text 20 X (20) must be unique per transaction date E Account Number Text 40 X (40) *F Transaction Amount (Php) Number 20 9 (18).99 Greater than 0 w/ or w/o decimal value G Transaction Amount (FX) Number 17 9 (15).99 Optional H FX Currency Code Text 3 X (3) optional; mandatory if FX amount <> null Name Text *I Last Name 100 X (100) Last name of account holder *J First Name 100 X (100) First name of account holder K Middle Name 50 X (50) Middle name of account holder Address L Address1 100 X (100) Room No./Office Name, Bldg./House No., Street, Subd./Brgy. M Address2 100 X (100) District, Town, City N Address3 50 X (50) Province, Country code, ZIP O Birthdate Number 8 9 (8) YYYYMMDD - For Column B, the use of the Transaction Date & Time is mandatory for CASA, Time Deposit, Foreign Exchange and Remittance Transactions; for all other transaction codes, the time of transaction shall be optional. - B2 is used for bulk STRs wherein the perpetrator is UNKNOWN , and the account holder reported is the victim. TRANSACTION SECURITY PROCESS AND TRANSFERRING OF FILES 1. Encrypting of Files (done after CP has created a CSV file Format 1.0) From your desktop, double click Kleopatra . The Kleopatra main window will be displayed on the screen. Click File, then click Sign/Encrypt Files . . . Select the csv file you want to sign and encrypt, then click Open . Select Sign and Encrypt (OpenPGP only) , then click Next . Select Anti-Money Laundering Council's public key, then click Add . Click Next . A warning message will be displayed on the screen. Click Continue . Select the Compliance Officer's private key, then click Sign & Encrypt . Enter passphrase of the Compliance Officer, then click Ok . Click Finish . 2. Transferring of Files (File Transfer Reporting Facility version 2.0) Log-in Page Log-on to https://portal.amlc.gov.ph For CPs with 11-digit Inst. Code Enter the 1st 6-digits of the Inst. Code For CPs with 18-digit Inst. Code Enter the 1st 9-digits of the Inst. Code Enter the Username or Registered Email Address Enter password Click LOGIN A successful login will show the CP User Main Page. There are nine (9) options or links available in CP User Main Page: a. Advisory , if the icon is clicked, it will automatically display latest advisory/announcement of AMLC. b. CTR/STR File Upload provides access for the registered CP user to upload the electronic CTRs and STRs. c. CTR/STR File Upload History gives the option for the registered CP user to inquire and view the files uploaded; only files uploaded by the particular CP can be viewed. d. Logout will log the CP user out of the system and go back to CP User Login Page. e. KYC Docs and ESOA Upload provides access for the registered CP user to upload KYC Documents for STRs. f. Electronic Returns Upload provides access for the registered CP user to upload E-Returns for Freeze Orders. g. Electronic Returns Template provides a template facility (excel file) for Electronic Returns. h. STR Attachment Upload gives the option for the registered CP user to upload a STR attachment, provided that the STR has been uploaded and processed. i. STR Attachment History gives the option for the registered CP user to check the status of the STR attachment that has been uploaded. CTR/STR File Upload When the registered CP's Institution Code, Username and their corresponding Password are entered correctly, the CP user should be able to use the FTRF to upload the electronic reports. Upon successful login, Click CTR/STR File Upload link or icon. The file upload window will be displayed on the screen. Click Browse button to locate the file to be uploaded. Note : Only files with [.csv.gpg] or [.csv.enc] or [.csv.pgp] as extension at the end of the filename will be accepted for uploading through the FTRF. The filename should follow the file naming convention 123456yyyymmddss of 123456789yyyymmdd where: 123456/123456789 - 1st six digits/1st 9 digits of the institution code yyyymmdd - report date (date the report is sent to AMLC) ss - Sequence number (from 01-99) representing no. of files transmitted for the day After locating the file, click UPLOAD to upload the selected file or click BACK TO MENU to cancel the upload and return to the User Main Page. After the Upload button is clicked and upon every successful upload, the "Upload Confirmation Receipt" is displayed. The Upload Confirmation Receipt has the following information: Confirmation Receipt: Date and time of receipt + Username + FileName File Name: Name of the file that was uploaded File Size: size of the file that was uploaded Date and Time: Receipt date and time of the file at AMLC Secretariat Uploaded by: Name of the CP user who uploaded the file Upload Confirmation Receipt If there are still file for uploading, click If there are no more file for uploading, click If a CP user wants to search view files that have been uploaded, click Note: The Upload Confirmation Receipt does not guarantee that all CTRs/STRs in the CSV file/s have been uploaded. To check the status of the submission, files should be viewed in the File Upload History Page. File Upload History A registered CP User can search/view anytime the files that have been uploaded for the registered CP he is representing. Status of each file uploaded is indicated in the search result. From the User Main Page, click CTR/STR File Upload History . CTR/STR FILE UPLOAD HISTORY To view specific past date or date range, click (calendar icon) to specify START DATE and END DATE. Click > SEARCH to start the search. When the search is completed, the query result is displayed. Check the result of the file uploaded by comparing the number of transaction count with the number of good transactions. a. If the transaction count is equal to the number of good transactions, the CP can save a copy of the confirmation receipt by clicking on the SAVE REPORT TO FILE button, or the PRINT button to have a printed copy for filing. b. If the transaction count is not equal to the number of good transactions, the CP should select the report file with Bad Transactions and click on the Download Validation Message button. The validation message of the selected uploaded file will be sent via email. Check the validation message for the details of the error/s and make the appropriate correction. To search another date or date range, click the CLEAR button before entering the new search dates. How to Log-out From the User Main Page, click Logout link. If CP User closes the browser, a notification message below will be displayed on the screen. Click Ok to logout or click Cancel to stay on the current page. 3. Uploading of KYC documents for Suspicious Transaction Reports Mandatory uploading of KYC Documents Uploading of KYC Documents is mandatory if the Reason of Suspicion falls under any of the following: PC1 - Kidnapping for Ransom PC2 - Drug Trafficking PC12 - Hijacking; destructive arson; and murder, including those perpetrated by terrorists against non-combatant persons and similar targets PC13 - Terrorism and conspiracy to commit terrorism PC14 - Financing of Terrorism PC34 - Violation of Section 19 (A) (3) of RA 10697, otherwise known as the Strategic Trade Management Act, in relation to the financing of proliferation of weapons of mass destruction and its financing pursuant to United Nations Security Council Resolution Nos. 1718 of 2006 and 2231 of 2015. Uploading of KYC documents should be performed prior to the upload of the STR, otherwise the STR will be rejected for processing due to non-submission of KYC documents. The customer reference number (CRN) will be mandatory for the Account Holder Party or Subject of Suspicion Party, whichever is applicable for the above-mentioned predicate crimes. Uploading of KYC Documents for a CRN of a subject STR will only be done once, if a subsequent STR is filed on the same CRN, CPs need not re-upload the corresponding KYC Documents. Mandatory update of submitted KYC Documents is required every three (3) years, however this is optional if no STR will be filed under the same CRN. In cases where the CP has no updated KYC documents, reason for which should be indicated in the Remarks portion of the KYC Docs Update window. Below is the Acceptable KYC Documents: Account Opening Forms are the following: Signature Cards Customer Information File/Sheet Scanned copy of the following for ID Documents presented: Government IDs Articles of Incorporation/General Information Sheet for Corporation/Articles of Partnership Authorized Signatory's ID for Corporate accounts DTI Certificate for Sole Proprietor Digital Photo, if available Procedures for uploading of KYC documents Log-on to https://portal.amlc.gov.ph A successful log-in will show the Covered Persons' User Main Page. Click on KYC Docs and ESOA upload , to go to the Upload window. In the initial KYC Docs Upload window, three options will be available: Choose Add/New STR (No STRs filed) , if the KYC Docs to be uploaded corresponds to an STR not previously uploaded; Add/New STR (Existing STRs) , if the KYC Docs to be uploaded is for previously uploaded STRs with no KYC docs on file; and Update , for updating previously filed KYC Docs. Click Add/New (No STRs filed) button to enable the KYC Docs Upload Facility. Enter the Customer Reference Number and attach the corresponding KYC Documents, then Click the Save Button. * All fields with asterisk are mandatory * Customer Reference Number (CRN) is a unique number assigned to a customer of a CP; please make sure that the CRN indicated in the KYC Docs upload window will be the same CRN inputted in the STR where the KYC Docs will be attached. * After the Save button is clicked and upon every successful upload, the "KYC Upload Confirmation Receipt" is displayed. Fill up the mandatory fields and attach KYC documents, then click the Upload button. * All fields with asterisk are mandatory * After the Upload button is clicked and upon every successful upload, the "KYC Upload Confirmation Receipt" is displayed. Click Update to update a previously uploaded KYC Documents. To update type in the CRN with a previously filed KYC Documents, then click the Find button. KYC Docs Update window will appear. After the Update/Upload button is clicked and upon every successful update, the "KYC Update Confirmation Receipt" is displayed. 4. STR Attachment Upload Please note, that a successfully processed and uploaded STR is required before a Covered Person can upload an STR attachment. Enter the 1st 6-digits of the Inst. Code for CPs with 11-digit Inst. Code Enter the 1st 9-digits of the Inst. Code for CPs with 18-digit Inst. Code Enter the Username or Registered email address Enter password Click LOGIN From the User Main Page, click the STR Attachment Upload . Enter the 11 or 18-digit Inst. Code of the uploaded STR (Please note that the Inst. Code should be the same as the uploaded STR up to the branch level) Enter the Transaction Date and Transaction Reference No. of the STR where the file will be attached. Enter a brief description of the file to be attached. Locate the file to be attached, then Click the Upload Button. After the Upload button is clicked and upon every successful upload, the "STR Attachment Upload Confirmation Receipt" is displayed. STR Attachment History A registered CP User can search/view anytime the STR attachment/s uploaded for the registered CP he is representing. Status of each attachment is indicated in the search result. From the User Main Page, click the STR Attachment History . To view specific past date or date range, click (calendar icon) to specify START DATE and END DATE. Click > SEARCH to start the search. When the search is completed, the query result is displayed. Check the result of the STR Attachment, Status should show "Processed" otherwise, re-upload the attachment. 5. Uploading of Electronic Returns (E-Return) for Freeze Order Rule 10, E.4, paragraph 2 of the 2016 Revised Implementing Rules and Regulations of Republic Act No. 9160, as amended states that: "The covered person shall also submit to the AMLC, through the internet, an electronic detailed return in a format to be prescribed by the latter." For uniformity of E-Returns Format, CP user should first download the Electronic Return Template. This template is an excel worksheet where CPs must encode their E-Returns. To download the template: Log-on to https://portal.amlc.gov.ph Enter the 1st 6-digits of the Inst. Code for CPs with 11-digit Inst. Code or the 1st 9-digits of the Inst. Code for CPs with 18-digit Inst. Code Enter the Username or Registered email address Enter password Click LOGIN A successful log-in will show the Covered Persons' User Main Page. Click on Electronic Returns Template. The excel file contains two sheets, 1st sheet is for the main account and the 2nd sheet is for the related account/s. 1st Sheet is for the Main Account which is the subject of the Freeze Order 2nd Sheet is for Related/Materially linked account which contains two (2) tables: Table 1 is for materially linked accounts as defined under Rule 3-Definition of Terms, R.1-5 of the 2016 Revised Implementing Rules and Regulations of Republic Act No. 9160, as amended Table 2 should include related accounts wherein Account Holder (Subject of Freeze Order) is either the Sender or Recipient of funds to/from another account holder Once the E-Return Worksheet/s has been accomplished, CP user may again log-in to the AMLC Portal and click on Electronic Returns Upload. In the Electronic Returns Upload Facility, select between CA-GR AMLC Case and AMLC Resolution then click Proceed. If AMLC Resolution is selected, enter the AMLC Resolution Number, its corresponding year then click Browse to attach the E-Return file. If CA-GR AMLC Case is selected, enter the Case Number then click Browse to attach the E-Return file. 6. Suspicious Transaction Reporting on a per account basis The Suspicious Transaction Reporting on a per account basis will only be applicable if the reason for suspicion falls under any one of the Predicate Crimes listed under the AMLA. Mandatory Uploading of KYC Documents and Electronic Statement of Accounts (ESOA) Uploading of KYC Documents and Electronic Statement of Accounts (ESOA) is mandatory if the Transaction Code used is "STRA." Uploading of KYC Documents and ESOA should be performed prior to the upload of the STR, otherwise the STR will be rejected for processing. The customer reference number (CRN) indicated in the ESOA upload window should be the same CRN entered in the corresponding STR. The CRN will be mandatory for the Account Holder Party or Subject of Suspicion Party, whichever is applicable. Below are the Acceptable KYC Documents: Account Opening Forms are the following: Signature Cards Customer Information File/Sheet Scanned copy of the following for ID Documents presented: Government IDs Articles of Incorporation/General Information Sheet for Corporation/Articles of Partnership Authorized Signatory's ID for Corporate accounts DTI Certificate for Sole Proprietor Digital Photo, if available Procedures for uploading of KYC Documents and ESOA: Log-on to https://portal.amlc.gov.ph For CPs with 11-digit Inst. Code Enter the 1st 6-digits of the Inst. Code For CPs with 18-digit Inst. Code Enter the 1st 9-digits of the Inst. Code Enter the Username or Registered Email Address Enter password Click LOGIN A successful log-in will show the Covered Persons' User Main Page. Click on KYC Docs and ESOA Upload , to go to the Upload window. In the initial KYC Docs and ESOA Upload window, three options will be available: Add/New STR (No STRs filed) , if the ESOA to be uploaded corresponds to an STR not previously uploaded; Add/New STR (Existing STRs) , if the ESOA to be uploaded is for previously uploaded STRs with no ESOA on file; and Update , for updating previously filed ESOA. Click Add/New (No STRs filed) button to enable the KYC Docs and ESOA Upload Facility Enter the Customer Reference Number and attach the corresponding KYC Documents and ESOA then Click the Save Button. * All fields with asterisk are mandatory * Customer Reference Number (CRN) is a unique number assigned to a customer of a CP; please make sure that the CRN indicated in the KYC Docs upload window will be the same CRN inputted in the STR where the KYC Docs will be attached. * After the Save button is clicked and upon every successful upload, the "KYC Document and ESOA Upload Confirmation Receipt" is displayed. Click Add/New (Existing STRs) to enable Upload KYC Documents and ESOA (Existing STRs). Fill up the mandatory fields and attach the corresponding KYC Documents and ESOA, then Click the Upload Button. * After the Save button is clicked and upon every successful upload, the "KYC Document and ESOA Upload Confirmation Receipt" is displayed. Click Update to update a previously uploaded KYC Documents and ESOA To update type in the CRN with a previously filed KYC Documents and ESOA, then click the Find button. KYC Docs and ESOA Update window will appear. After the Update/Upload button is clicked and upon every successful update, the "KYC Document and ESOA Upload Confirmation Receipt" is displayed. GENERAL GUIDELINES I. REPORTING FORMAT A. The electronic CTR/STR file is a comma separated variable file or CSV (see Attachment A) where each column/field/variable is separated by a comma. Text/Data fields must not contain commas, single and double quotes . A comma is used to separate the different fields of the record. The CSV file may be created by extracting all the required data (those above PHP500,000.00) from the CP's database and building records following the format provided by AMLC or inputting the information in Excel and saving it using CSV as its file type. Header column names or columnar headings should not be included in the file . This file is structured to have several header records for CPs with branches and several detail records for the various transactions under each header record. At the end of the file is a trailer record containing the total number of transactions and the total Php amount of all the detail records. (See Attachment A) B. A single report format (Format 1.0) applicable to all covered persons shall be adopted for both CTRs/STRs in which the following MANDATORY fields shall be strictly filled up. 1. All fields in the HEADER RECORD. 2. In the DETAIL RECORD TRANSACTION DATA a. TRANSACTION DATE, TRANSACTION CODE, REFERENCE NO. and FLAGS. b. POLICY NO./CERTIFICATE NO./OR NO. ((D-5) for IC transactions. c. ACCOUNT NUMBER (D-5) for BSP/SEC when customers reported are Account Holders of the CPs. d. PESO AMOUNT (D-7) for BSP/SEC and PESO AMOUNT OF ANNUAL PREMIUM (D-7) for IC except the transaction codes NFFWV, NLOIP, NPFWV and NPLN where AMOUNT OF CLAIM/POLICY LOAN (D-13) becomes mandatory. e. FX CODE if the FX AMOUNT has a value. f. For rollover of investments, the OLD ACCOUNT NO. /PN NO./CLIENT STOCK REF. NO. (D-6) if a new account number is issued. 3. For DETAIL RECORD SUBJECT DATA a. For Name Fields for foreign nationals with one (1) name only, the following should be observed: 1. there should be five (5) dots ( ..... ) either in first name or last name and 2. Nationality will be mandatory. b. For ID Type 27 Others the ID no. should be preceded by the ID Type. (Please make sure that the ID type indicated does not fall in any one of the ID types before using ID 27.) 4. For STRs a. The PLACE OF BIRTH, NATIONALITY, ID TYPE, ID NO., and NATURE OF BUSINESS for the Account Holder Party (BSP/SEC) and Policy Owner Party (IC) except for ZSTR transaction code wherein only the Subject of Suspicion Name is mandatory, all other parties are optional, only if the Account Holder or Policy Owner is not known. b. The REASON and NARRATIVE fields. c. If the value in the reason field is "SI6," the description of the suspicious activity should always be specified separated by a semicolon. d. SUBJECT OF SUSPICION. (Flag and Subject of Suspicion only) other fields are optional. 5. For BSP/SEC a. For the Account Holder, the NAME, ADDRESS and BIRTHDATE, except for the following transaction codes: for RIRDA and RIRIA (only the account name and address are mandatory), for RIRDP, RIRIP, CBPYC, CBPYM and KPAYM (only the account name is mandatory) b. For Outward Remittances, the NAME and Account Number or a unique reference number of the Beneficiary, except for RORDE where only the Beneficiary Account number is Mandatory; however, the Name flag Y for the Beneficiary name should be present. c. For Inward Remittances, the name and address of the counterparty, except for RIRDP and RIRIP , where only the name of the counterparty is Mandatory and for RIRDA and RIRIA , where only the Beneficiary and Counterparty names are Mandatory and for RIRDE , Counterparty Account number is Mandatory; however, the Name flag Y for the Counterparty name should be present. d. For other transactions requiring information on the Beneficiary, Counterparty, Other Participant, and Issuer, only the NAME may be filled up. e. For transactions where settlement is for credit/debit to/from account of the PARTY, the corresponding Party ACCOUNT NO. is mandatory. 6. For IC a. For life insurance, the NAME, ADDRESS and BIRTHDATE of the Policy Owner, Insured and Beneficiary, except for NREC where only the Policy Owner is mandatory (applies to Life and Non-Life Insurance). b. For non-life insurance, the NAME, ADDRESS and BIRTHDATE of the Policy Owner. For the Beneficiary, only the NAME may be filled up; Insured Party is optional. The list of MANDATORY fields per transaction is further discussed in Annex C . For optional fields, wherein data is available, data should also be included in the CTRs/STRs. C. The CTR/STR report file has three (3) parts identified by the Record Indicator located at the first field of every record with values H, D, or T: 1. The Header Record identifies the Covered Person (CP), up to branch level, where the transaction occurred . A file may have several header records, if the reporting CP has several transactions from different branches to report; 2. There is one Detail Record for every transaction to report. Since the file may contain transactions from several branches, each group of Detail Records from one (1) branch is preceded by a Header Record; and 3. Trailer Record (T) is the last record of the file and contains the total peso amount of the transactions and the total number of transactions in the file. D. The CTR/STR may be submitted in four (4) types. 1. The CTR/STR with submission type value "A" refers to a new CTR/STR to be submitted to AMLC. 2. The CTR/STR with submission type "E" edits or amends the previously submitted, uploaded, and successfully processed CTR/STR with ERRONEOUS VALUE. Note: The Institution code, Transaction date and reference number of the corrected transaction must be the same as the original transaction. 3. The CTR/STR with submission type "D" is a request to delete the previously submitted, uploaded, and successfully processed CTR/STR. This shall be followed by an email request stating the reason for deletion. Email to be sent to [emailprotected] and [emailprotected] . Note: The deleted transaction must be exactly the same as the original transaction, previously submitted to AMLC. 4. The submission type "T" is used by CPs under test mode. Once they are comfortable with the reporting of covered and suspicious transactions, they should shift to submission type "A." Please note that CTRs/STRs submitted via Test Mode will not be uploaded to the AMLC database, if CTRs/STRs submitted under the Test Mode are actual/live transactions these should be re-uploaded under Submission Type A. E. The list of valid entries for the TRANSACTION TYPE, FX CURRENCY CODE and COUNTRY CODE fields are provided in pages B-1 to B-43. F. Definition of Field Names (BSP/SEC/DNFBP) HEADER RECORD H-1. Header Record Indicator This is the first field of the electronic record and will contain "H" to indicate that it is the beginning of the electronic file being sent by the CP to AMLC. H-2. Supervising Agency This field represents the supervising agency (whether BSP, SEC or DNFBP) of the reporting covered person. H-3. Institution Code This refers to the 11-digit code or 18-digit code of the reporting CP which came from the BSP codes for BSP-supervised CPs or the 11-digit code for SEC-supervised CPs as assigned by the AMLC. H-4. Report Date Date of report in year, month, day format (YYYYMMDD). It should not be greater than the current date and not less than 20011017. H-5. Report Type Identifies whether report is CTR or STR. H-6. Format Code/STR Trigger This identifies the format of the record and identify the STR trigger. H-7. Submission Type Indicates whether the report being submitted is new, correction of previously submitted report and for deletion. DETAIL RECORD D-1. Detail Record Indicator Contains "D" indicating start of detail record for each and every transaction belonging to the same date and transaction group defined in the header record. D-2. Transaction Date Date when transaction occurred in year, month, and day format (YYYYMMDD). Date should not be greater than the current date but not less than 20011017. D-3. Transaction Code Refers to the type of transaction based on AMLC's table of codes. D-4. Transaction Reference No. Refers to the unique reference number assigned by the reporting covered person to its individual transaction per transaction date. D-5. Account No./PN No./Client Stock Ref. No. Refers to the assigned Account Number of the client or Promissory Note No. for loans, etc. or Client Stock Ref. No. for securities or the Virtual Currency Wallet Address separated by a slash (/). Example: 123456789/BTC1234567891011. D-6. Old Account No./PN No./Client Stock Ref. No. Refers to the previously assigned Account Number of the client or Promissory Note No. for loans, time deposit etc. or Client Stock Ref. No. for securities or the previously assigned Virtual Currency Wallet Address separated by a slash (/). Example: 123456789/BTC1234567891011. D-7. Transaction Amount (Php) Philippine Peso amount involved in the transaction or its equivalent if transaction is in foreign currency. Amount should be greater than 0. D-8. Transaction Amount (FX) If applicable, amount in original foreign currency involved in the transaction. D-9. FX Currency Code Indicates the currency of the FX transaction following AMLC's currency codes (Use only if applicable Part B.2.). Mandatory if FX Amount is not null. D-10. Nature/Purpose of Transaction/Virtual Currency Name/Code Explains the nature or purpose of transaction or the risk being insured, or the complete virtual currency name used in the transaction. D-11. Inception/Effectivity Date Date when stock/bond was issued or start of obligation. It should not be less than 20011017. D-12. Maturity Date/Expiry Date Date when the financial obligation becomes due. It should not be less than the inception date. D-13. Amount of Claim/Dividend/CSV Amount being claimed or amount of the dividend or the cash surrender value. D-14. No. of shares/units Refers to the number of shares purchased/sold. D-15. Net Asset Value/Amount of Loan Availment/Amount of ROPA Refers to the price per share or an exchange-traded fund's (ETF) price per share/Approved Loan of client/Amount of ROPA. D-16. Correspondent Bank Where applicable, indicates the correspondent bank or remittance partner, i.e. , remitter's bank in case of inward remittance transaction or the beneficiary's bank for outward remittance. D-17. Address of Correspondent Bank Gives the detailed address of the correspondent bank or remittance partner specifying the Room No./Office Name, Building/House No., Street, District, Town, City, Country, and ZIP code. D-18. Country Code of Correspondent Bank Indicates the country of the correspondent bank following BSP country codes (Part B.3). D-A-1. Party Type Flag Indicates that the person/corporation is an accountholder (A). D-A-2. Customer Reference Number Refers to the CP's reference number of their client. This will serve as reference for the static data to be submitted by the reporting institution. D-A-3. Name Flag "N" if accountholder is an individual, "Y" if accountholder is a corporation. D-A-4. Name of Account Holder/Customer Refers to the accountholder/client specifying the last name, first name, middle name of the individual person or the registered name of the corporation or partnership. D-A-5. Address of Account Holder/Customer Gives the detailed address of the account holder specifying the Room No./Office Name, Building/House No., Street, Barangay, District, Town, City, Province, Country, and ZIP code. D-A-6. Birthdate of Account Holder/Customer Date of birth of the account holder or the registration date in case of corporation or partnership. For individual accounts, the difference between the current date and the birthdate must be less than 150 and should also be less than the current date. For corporate accounts, registration year must be greater than 1521 but less than the current date. D-A-7. Place of Birth/Registration Birthplace of the accountholder/client (City, Municipality, Country). D-A-8. Nationality Nationality of the account holder/client. D-A-9. ID Type Type of ID presented by the accountholder/client (SSS, GSIS, Company, etc.). D-A-10. Identification No. Identification No. of the accountholder/client. D-A-11. Telephone No. Contact number of the accountholder/client. D-A-12. Nature of Business Specifies the occupation of the accountholder/client or nature of the business of the corporation or partnership. D-B-1. Party Type Flag Indicates that the person/corporation is the Beneficiary (B). D-B-2. Customer Reference Number Refers to the CP's reference number of their client. This will serve as reference for the static data to be submitted by the reporting institution. D-B-3. Name of Beneficiary/Recipient Flag "N" if beneficiary is an individual, "Y" if beneficiary is a corporation. D-B-4. Name of Beneficiary/Recipient Where applicable, indicates the name of the beneficiary of the transaction, i.e. , recipient of money remittance (outward remittance), payee if transaction involves check, etc. D-B-5. Address of Beneficiary/Recipient Gives the detailed address of the beneficiary specifying the Room No./Office Name, Building/House No., Street, Barangay, District, Town, City, Province, Country, and ZIP code. D-B-6. Account No. of Beneficiary Refers to the account no. of beneficiary being credited. D-B-7. Birthdate of Beneficiary/Recipient Date of birth of the beneficiary/recipient or the registration date in case of corporation or partnership. For individual accounts, the difference between the current date and the birthdate must be less than 150 and should also be less than the current date. For corporate accounts, registration year must be greater than 1521 but less than the current date. D-B-8. Place of Birth/Registration of Beneficiary Birthplace of the beneficiary/recipient (City, Municipality, Country). D-B-9. Nationality of Beneficiary Nationality of the beneficiary/recipient. D-B-10. ID Type of Beneficiary Type of ID presented by the beneficiary/recipient (SSS, GSIS, Company, etc.). D-B-11. Identification No. of Beneficiary Identification No. of the beneficiary/recipient. D-B-12. Telephone No. of Beneficiary Contact number of the beneficiary/recipient. D-B-13. Nature of Business of Beneficiary Specifies the occupation of the beneficiary/recipient or nature of the business of the corporation or partnership. D-C-1. Party Type Flag Indicates that the person/corporation is the Counterparty. D-C-2. Customer Reference Number Refers to the CP's reference number of their client. This will serve as reference for the static data to be submitted by the reporting institution. D-C-3. Name of Remitter/Counterparty Flag "N" if remitter/counterparty is an individual, "Y" if remitter/counterparty is a corporation. D-C-4. Name of Remitter/Counterparty Where applicable, indicates the name of the counterparty to the transaction, i.e. , name of the remitter (inward remittance transactions), issuer of check if transaction involves check. D-C-5. Address of Remitter/Counterparty Gives the detailed address of the remitter/counterparty of the transaction specifying the Room No./Office Name, Building/House No., Street, Barangay, District, Town, City, Province, Country, and ZIP code. D-C-6. Account No. of Remitter/Counterparty Refers to the account no. of remitter being debited. D-O-1. Party Type Flag Indicates that the person/corporation is the Other Participant (O). D-O-2. Customer Reference Number Refers to the CP's reference number of their client. This will serve as reference for the static data to be submitted by the reporting institution. D-O-3. Name of Other Participant Flag "N" if other participant is an individual, "Y" if other participant is a corporation. D-O-4. Name of Other Participant Identifies the other party/person/entity involved in the transaction other than the beneficiary, counterparty, etc., specifying the last name, first name, middle name of the individual person or the registered name of the corporation or partnership. D-O-5. Address of Other Participant Gives the detailed address of the other party/person/entity involved in the transaction other than the beneficiary, counterparty, etc., specifying the Room No./Office Name, Building/House No., Street, Barangay, District, Town, City, Province, Country, and ZIP code. D-O-6. Account No. of Other Participant Refers to the account no. of the other participant being credited/debited. D-I-1. Party Type Flag Indicates that the person/corporation is the Issuer (I). D-I-2. Customer Reference Number Refers to the CP's reference number of their client. This will serve as reference for the static data to be submitted by the reporting institution. D-I-3. Name of Issuer Flag "N" if issuer is an individual, "Y" if issuer is a corporation. D-I-4. Name of Issuer Identifies the issuer of stocks/bonds specifying the last name, first name, middle name or the registered name of the corporation or partnership. D-I-5. Address of Issuer Gives the detailed address of the issuer specifying the Room No./Office Name, Building/House No., Street, and Barangay, District, Town, City, Province, Country, and ZIP code. D-I-6. Account No. of Issuer Refers to the account no. of the issuer being credited/debited. D-T-1. Party Type Flag Indicates that the person/corporation is the Transactor (T). D-T-2. Customer Reference Number Refers to the CP's reference number of their client. This will serve as reference for the static data to be submitted by the reporting institution. D-T-3. Name of Transactor Flag "N." D-T-4. Name of Transactor Identifies the person who made the transaction on behalf of the account holder, specifying the last name, first name and middle name. D-T-5. Address of Transactor Gives the detailed address of the transactor involved in the transaction, specifying Room No./Office Name, Building/House No., Street, Barangay, District, Town, City, Province, Country, and ZIP code. D-T-6. Account No. of Transactor Refers to the account no. of the transactor (if transactor is also a client of the reporting institution). D-S-1. Party Type Flag Indicates that the person/corporation is the Subject of Suspicion (S). D-S-2. Customer Reference Number Refers to the CP's reference number of their client. This will serve as reference for the static data to be submitted by the reporting institution. D-S-3. Name of Subject of Suspicion Flag "N" if subject is an individual, "Y" if subject is a corporation. D-S-4. Name of Subject of Suspicion Identifies the subject of suspicion, specifying the last name, first name, middle name of the individual person or the registered name of the corporation or partnership. D-S-5. Address of Subject of Suspicion Gives the detailed address of the subject of suspicion, specifying the Room No./Office Name, Building/House No., Street, Barangay, District, Town, City, Province, Country, and ZIP code. D-S-6. Account No. of Subject of Suspicion Refers to the account no. of the subject. D-S-7. Birthdate of Subject of Suspicion Date of birth of the subject or the registration date in case of corporation or partnership. For individual accounts, the difference between the current date and the birthdate must be less than 150 and should also be less than the current date. For corporate accounts, registration year must be greater than 1521 but less than the current date. D-S-8. Place of Birth/Registration of Subject of Suspicion Birthplace of the subject (City, Municipality, Country). D-S-9. Nationality of Subject of Suspicion Nationality of the subject. D-S-10. ID Type of Subject of Suspicion Type of ID presented by the subject (SSS, GSIS, Company, etc.). D-S-11. Identification No. of Subject of Suspicion Identification No. of the subject. D-S-12. Telephone No. of Subject of Suspicion Contact number of the subject. D-S-13. Nature of Business of Subject of Suspicion Specifies the occupation of the subject or nature of the business of the corporation or partnership. D-D-1. Reason For STRs, reason field refers to the coded reason for suspicion categorized by suspicious indicator (SI) or predicate crime (PC). D-D-2. Narrative Narrates the events leading to the suspicion including other information which might be of help or importance to the report, i.e. , where the possible violation took place, related litigations, relation to other transactions, description of supporting documents, etc. TRAILER RECORD T-1. Trailer Record Indicator Contains "T" indicating start of trailer record of every file. T-2. Total CTR Amount refers to the total/sum of all peso transaction amounts in the file. T-3. Records Total refers to the number of transactions included in the file. G. Definition of Field Names (IC) HEADER RECORD H-1. Header Record Indicator This is the first field of the electronic record and will contain "H" to indicate that it is the beginning of the electronic file being sent by the CP to AMLC. H-2. Supervising Agency This field represents the supervising agency (IC Supervised) of the reporting covered person. H-3. Institution Code This refers to the 11-digit code of the reporting CP which came from the BSP codes for BSP-supervised CPs or AMLC codes for IC-supervised CPs. H-4. Report Date Date of report in year, month, day format (YYYYMMDD). It should not be greater than the current date and not less than 20011017. H-5. Report Type Identifies whether report is CTR or STR. H-6. Format Code/STR Trigger This identifies the format of the record and identify the STR trigger. H-7. Submission Type Indicates whether the report being submitted is new, correction of previously submitted report and for deletion. DETAIL RECORD D-1. Detail Record Indicator Contains "D" indicating start of detail record for each and every transaction belonging to the same date and transaction group defined in the header record. D-2. Transaction Date Date when transaction occurred in year, month, and day format (YYYYMMDD). Date should not be greater than the current date but not less than 20011017. D-3. Transaction Code Refers to the type of transaction based on AMLC's table of codes. D-4. Transaction Reference No. Refers to the unique reference number assigned by the reporting covered person to its individual transaction per transaction date. D-5. Policy No./Certificate No./OR/Provisional Receipt No. Refers to the assigned Insurance Policy No. or Issued OR. D-6. Account No/Credit Card Account No. Refers to the account no. of the policy holder to be credited/debited or the Credit Card No. used for the settlement of the policy. D-7. Php Amount of Annual Premium/Excess/Advance Premium/Advance Payment/Top-ups/Amount of Capital Infusion/Amount of Collateral refers to the Philippine Peso amount of annual premium, excess, advance premiums or payments, top-ups, collateral, and amount of infused capital received by the insurance company or its equivalent if transaction is in foreign currency. Amount should be greater than 0. D-8. FX Amount of Annual Premium/Excess/Advance Premium/Top-ups/Capital Infusion amount If applicable, amount in original foreign currency of the premium to be paid annually. D-9. FX Currency Code Indicates the currency of the FX transaction following AMLC's Currency codes (Use only if applicable). Mandatory if FX Amount is not null. D-10. Nature/purpose of Transaction Explains the nature or purpose of transaction or the risk being insured. D-11. Policy Effectivity Date The date when the policy contract becomes effective, or the date specified on the certificate of insurance as the beginning of coverage. It should not be less than 1900. D-12. Maturity Date/Expiry Date Date when the financial obligation/services/benefits become due or when the policy matures, or the contract expires. It should be between the transaction date and the policy date +100 years. D-13. Php Amount of Claim/Dividend/CSV/Policy Loan Amount being claimed against the insurance policy or amount of the dividend or the cash surrender value. D-14. Policy Amount/Face Value/Contract Value/Sum Insured (Php) Amount in Philippine peso for which the policy is purchased from the insurance company or its agents. D-15. Policy/Insurance/Product Type Refers to the policy/insurance/product type. D-16. Policy Amount/Face Value/Contract Value/Sum Insured (FX) If applicable, refers to the amount in the original foreign currency for which the policy is purchased from the insurance company or its agents. D-17. Term of insurance Policy (in years) refers to the coverage (in years) of the insurance policy. D-O-1. Party Type Flag Indicates that the person/corporation is a policy owner (O). D-O-2. Customer Reference Number Refers to the CP's reference number of their client. This will serve as reference for the static data to be submitted by the reporting institution. D-O-3. Name of Policy Owner Flag "N" if policy owner is an individual, "Y" if policy owner is a corporation. D-O-4. Name of Policy Owner/Customer Refers to the name of the person/corporation who owns the insurance policy specifying the last name, first name, middle name of the individual person or the registered name of the corporation/partnership. D-O-5. Address of Policy Owner/Customer Gives the detailed address of the policy owner specifying the Room No./Office Name, Building/House No., Street, Barangay, District, Town, City, Province, Country, and ZIP code. D-O-6. Birthdate/Registration Date Date of birth of the policy owner if individual or the registration date in case of corporation or partnership. For individual accounts, the difference between the current date and the birthdate must be less than 150 and should also be less than the current date. For corporate accounts, registration year must be greater than 1521 but less than the current date. D-O-7. Place of Birth/Registration Birthplace of the policy owner (City, Municipality, Country). D-O-8. Nationality Nationality of the policy owner. D-O-9. ID Type Type of ID presented by the policy owner (SSS, GSIS, Company, etc.). D-O-10. Identification No. Identification No. of the policy owner. D-O-11. Telephone No. Contact number of the policy owner. D-O-12. Nature of Business Specifies the occupation of the policy owner or nature of the business of the corporation or partnership. D-I-1. Party Type Flag Indicates that the person/corporation is the Insured (I). D-I-2. Customer Reference Number Refers to the CP's reference number of their client. This will serve as reference for the static data to be submitted by the reporting institution. D-I-3. Name of Insured Flag "N" if Insured is an individual, "Y" if Insured is a corporation. D-I-4. Name of Insured refers to the persons or parties who are protected by an insurance policy giving the last name, first name, middle name of the individual person or the registered name of the corporation or partnership. Indicates who directly/indirectly benefited from the transaction. D-I-5. Address of Insured Gives the detailed address of the insured if insured name is given specifying the bldg./house no., street, Barangay, District, Town, City, Province, Country, and ZIP code. D-I-6. Account No. of Insured Refers to the account no. of the insured to be credited/debited. D-I-7. Birthdate/Registration Date Date of birth of the insured if individual or the registration date in case of corporation or partnership. For individual accounts, the difference between the current date and the birthdate must be less than 150 and should also be less than the current date. For corporate accounts, registration year must be greater than 1521 but less than the current date. D-I-8. Place of Birth/Registration Birthplace of the insured (City, Municipality, Country). D-I-9. Nationality Nationality of the insured. D-I-10. ID Type Type of ID presented by the insured (SSS, GSIS, Company, etc.). D-I-11. Identification No. Identification No. of the insured. D-I-12. Telephone No. Contact number of the insured. D-I-13. Nature of Business Specifies the occupation of the insured or nature of the business of the corporation or partnership. D-B-1. Party Type Flag Indicates that the person/corporation is the Beneficiary (B). D-B-2. Customer Reference Number Refers to the CP's reference number of their client. This will serve as reference for the static data to be submitted by the reporting institution. D-B-3. Name of Beneficiary Flag "N" if Beneficiary is an individual, "Y" if Beneficiary is a corporation. D-B-4. Name of Beneficiary/Recipient refers to the person who would receive the proceeds of the life insurance policy specifying the last name, first name, middle name of the individual person or the registered name of the corporation/partnership. D-B-5. Address of Beneficiary/Recipient Gives the detailed address of the beneficiary specifying the Room No./Office Name, Building/House No., Street, Barangay, District, Town, City, Province, Country, and ZIP code. D-B-6. Account No. of Beneficiary Refers to the account no. of the beneficiary to be credited. D-B-7. Birthdate of Beneficiary/Recipient Date of birth of the beneficiary/recipient or the registration date in case of corporation or partnership. For individual accounts, the difference between the current date and the birthdate must be less than 150 and should also be less than the current date. For corporate accounts, registration year must be greater than 1521 but less than the current date. D-B-8. Place of Birth/Registration of Beneficiary Birthplace of the beneficiary/recipient (City, Municipality, Country). D-B-9. Nationality of Beneficiary Nationality of the beneficiary/recipient. D-B-10. Relationship of Beneficiary to Insured refers to the relationship of the beneficiary to the insured individual/corporation. D-B-11. Designation of Beneficiary Code "Y" if revocable, "N" if irrevocable. D-U-1. Party Type Flag Indicates that the person/corporation is the Trustee (U). D-U-2. Customer Reference Number Refers to the CP's reference number of their client. This will serve as reference for the static data to be submitted by the reporting institution. D-U-3. Name of Trustee Flag "N" if Trustee is an individual, "Y" if Trustee is a corporation. D-U-4. Name of Trustee Identifies the name of the trustee/guardian of a minor beneficiary specifying the last name, first name, middle name of the individual person. D-U-5. Address of Trustee Gives the detailed address of the trustee specifying the Room No./Office Name, Building/House No., Street, Barangay, District, Town, City, Province, Country, and ZIP code. D-U-6. Account No. of Trustee Refers to the account no. of the trustee. D-R-1. Party Type Flag Indicates that the person/corporation is the Payer/Trustor (R). D-R-2. Customer Reference Number Refers to the CP's reference number of their client. This will serve as reference for the static data to be submitted by the reporting institution. D-R-3. Name of Policy Owner Flag "N" if Payor/Trust or is an individual, "Y" if Payer/Trust or is a corporation. D-R-4. Name of Payor/Trustor Identifies the name of the payor/trustor specifying the last name, first name, middle name or the registered name of the corporation or partnership. D-R-5. Address of Payor/Trustor Gives the detailed address of the payor/trustor specifying the Room No./Office Name, Building/House No., Street, Barangay, District, Town, City, Province, Country, and ZIP code. D-R-6. Account No. of Payor/Trustor Refers to the account no. of the payor/trustor. D-T-1. Party Type Flag Indicates that the person/corporation is the Transactor (T). D-T-2. Customer Reference Number Refers to the CP's reference number of their client. This will serve as reference for the static data to be submitted by the reporting institution. D-T-3. Name of Transactor Flag "N" if Transactor is an individual, "Y" if Transactor is a corporation. D-T-4. Name of Transactor Identifies the person who made the transaction other than the insured, beneficiary, trustee, etc., specifying the last name, first name, middle name of the individual person or the registered name of the corporation or partnership. D-T-5. Address of Transactor Gives the detailed address of the transaction involved in the transaction other than the insured, beneficiary, trustee, etc., specifying the Room No./Office Name, Building/House No., Street, Barangay, District, Town, City, Province, Country, and ZIP code. The address of the other participant is divided into 3 fields of 30 characters each (address1, address2, address3). D-T-6. Account No. of Transactor Refers to the account no. of the transactor. D-S-1. Party Type Flag Indicates that the person/corporation is the Subject of Suspicion (S). D-S-2. Customer Reference Number Refers to the CP's reference number of their client. This will serve as reference for the static data to be submitted by the reporting institution. D-S-3. Name of Subject of Suspicion Flag "N" if Subject of Suspicion is an individual, "Y" if a corporation. D-S-4. Name of subject of suspicion Identifies the subject of suspicion, specifying the last name, first name, middle name of the individual person or the registered name of the corporation or partnership. D-S-5. Address of Subject of suspicion Gives the detailed address of the subject of suspicion, specifying the Room No./Office Name, Building/House No., street, Barangay, District, Town, City, Province, Country, and ZIP code. D-S-6. Account No. of Subject of suspicion Refers to the account no. of the subject being credited/debited. D-S-7. Birthdate of Subject of suspicion Date of birth of the subject or the registration date in case of corporation or partnership. For individual accounts, the difference between the current date and the birthdate must be less than 150 and should also be less than the current date. For corporate accounts, registration year must be greater than 1521 but less than the current date. D-S-8. Place of Birth/Registration of Subject of suspicion Birthplace of the subject (City, Municipality, Country). D-S-9. Nationality of Subject of suspicion Nationality of the subject. D-S-10. ID Type of Subject of suspicion Type of ID presented by the subject (SSS, GSIS, Company, etc.). D-S-11. Identification No. of Subject of suspicion Identification No. of the subject. D-S-12. Telephone No. of Subject of suspicion Contact number of the subject. D-S-13. Nature of Business of Subject of suspicion Specifies the occupation of the subject or nature of the business of the corporation or partnership. D-D-1. Reason For STRs, reason field refers to the coded reason for suspicion categorized by suspicious indicator (SI) or predicate crime (PC). D-D-2. Narrative Narrates the events leading to the suspicion including other information which might be of help or importance to the report, i.e. , where the possible violation took place, related litigations, relation to other transactions, description of supporting documents, etc. TRAILER RECORD T-1. Trailer Record Indicator Contains "T" indicating start of trailer record of every file. T-2. Total CTR Amount refers to the total/sum of all Philippine peso transaction amounts in the file. T-3. Records Total refers to the number of transactions included in the file. H. Name and Party flags precede each name, respectively. Name Flag A name flag "Y" indicates that the subject is an entity and should use a single name field. The name flag "N" indicates that the subject is an individual and should use the 3-field name last name, first name, and middle name. For BSP/SEC Party Flag The party flag value "A" is for the account holder/client of the reporting institution. The party flag "B" is for the beneficiary/recipient of the transaction. The party flag "C" is for the counterparty/remitter/source of the transaction. For transactions involving parties other than the accountholder, beneficiary and counterparty, the party flag "P" for other party shall be used. This may be applicable for securities transactions with 3rd party brokers. The party flag "I" refers to the issuer of securities/product/investment instruments. The party flag "T" is for the transactor. This is the person executing the transaction. The party flag "S" is for the subject of suspicion. For IC Party Flag The party flag value "O" refers to the policy owner. The party flag "B" refers to the beneficiary/recipient. The party flag "I" refers to the insured. The party flag "U" refers to the trustee. The party flag "R" refers to the payor/trustor. The party flag "T" is for the transactor. This is the person executing the transaction. The party flag "S" is for the subject of suspicion. I. The parties do not follow a particular order in the CSV file. J. The parties in the detail record are not mandatory for all transactions. Attached as Annex C is the summary of the required parties per transaction. Failure to provide the mandatory parties shall cause the rejection of the file. For fields that are optional, if data for said field is available, such should also be provided. K. For multiple valued name field, such as &/or account holders' names, multiple beneficiaries etc., each name shall be preceded by their corresponding party flags. Example: For Joint Accounts: If Name Flag = N A ,1234,N,DELA CRUZ,JUAN,REYES,123 ABC STREET,MAKATI CITY,MAKATI PHILIPPINES 2000,19700101,MANILA PHILS.,FILIPINO,ID1,XX1234567,7210202,REAL ESTATE, A ,5678,N,DELA CRUZ,MARIA,ALCANTARA,123 ABC STREET,MAKATI CITY,MAKATI PHILIPPINES 2000,19720203,MANILA PHILS.,FILIPINO,ID1,XX7654321,7210202,REAL ESTATE, L. The address is divided into address 1 (Room No./Office Name, Building/House No., Street, Barangay), address 2 (District, Town, City) and address 3 (Province, Country Code, Zip Code). M. For STRs. 1. Uploading of KYC Documents for STRs is mandatory, if an STR filed has no corresponding upload of KYC Documents, such STR will be rejected. (Complete guidelines are discussed in Chapter 2.3.) 2. In cases wherein the perpetrator is not identified, CPs shall use the Name Flag Y and use the term "Unknown" in the Subject of Suspicion Name. 3. The reporting institution shall choose the applicable Reason for Suspicion as enumerated in Chapter 2 Data Elements. For reasons other than the specified, the institution shall use the "SI6" followed by a semi-colon and the reason for suspicion. Note: Please make sure that the reason for suspicion indicated in SI6 does not fall in any one of the Suspicious Indicators or Predicate Crimes before using SI6. Example: x x x,SI6; suspected boiler room operations, the client was named in one foreign news article x x x 4. The transaction code "ZSTR" shall be used if the subject is not an accountholder of the reporting institution or is an accountholder but has no monetary transaction with the covered person at the time the suspicious activity is determined. 5. The Transaction code "ZSTRA" shall be used for attempted transaction that is deemed as suspicious. 6. Suspicious Transaction on a per account basis (STRA) follows the same header format of a regular STR, with the following guidelines in the detail record: Upload Date = Transaction Date Peso Amount is blank Account Holder = Subject of Suspicion Customer Reference Number is Mandatory for the Account Holder Reason for Suspicion and Narrative are mandatory 7. In filing an STR, the following questions should be answered: 1 WHO are the individuals/entities involved o People real, false IC o Business or companies, shell companies, legitimate businesses o Non-profit organization/charities WHAT is the activity of concern o Financing of terrorism o Drug Trafficking o People smuggling WHEN is the activity taking place o One-off transaction o Daily o Weekly o Monthly o Patterns within these time frames how many times, number of entities involved WHERE is the activity taking place o Consider all levels o Countries o Cities o Towns o Are these patterns in location or use of same address? WHY is the activity taking place o Providing finance for terrorist activity o Moving proceeds of drug activity or other illegal activity o Purchase of Drugs or other illegal commodity, etc. HOW is the activity taking place o Movement of funds, wire transfers, traditional banks, underground banks, cash couriers o Quantity o Currency used o Other commodities diamonds, precious gems, stored value cards, traveler's checks 8. The narrative should contain all the details and events leading to the suspicion including other information which might be of help or importance to the report, i.e. , where the possible violation took place, related litigations, relation to other transactions, description of supporting documents, etc. a. Additional documents may be attached to the STR through the AMLC Portal. An STR attachment may be any of the recognized file types (.xls, .doc, .docx, .pdf, .bmp, .jpeg, jpg, .tiff, .tif). i. A facility in the AMLC portal allows the submission of this attachment. To upload an attachment, please make sure that the STR has been uploaded in the AMLC portal before uploading attachments. Please make sure you enter the complete eleven (11) or eighteen (18) digits institution code for the uploaded STRs; if the institution code used is that of the branch, please ensure that you input this in the institution code field, then enter the transaction date and transaction reference number of the STR where the file will be attached. 9. Bulk Reporting of STRs allows the reporting of multiple STRs, of at least five (5) STRs. Bulk Reporting of STRs can only be used for Type A STR Trigger (please refer to Header Record Field No. 6). Bulk reporting involves two (2) types: a. B1 transactions included should involve the same suspicious transaction indicator and refer to the same accountholder and account number. See Chapter 1 of the Reporting Procedures Manual, item 1.5 for the format of reporting. b. B2 involves fraud related transactions, such as use of skimmed, stolen, or lost credit/ATM cards, mail-order/telephone orders, unauthorized withdrawals, point of sale-Debit and spurious checks. For B2, victims are different account holders, and the perpetrator is unknown . See Chapter 1 of the Reporting Procedures Manual, item 1.6 for the format of reporting. Note: CPs have the option to file STR on each suspicious transaction or in bulk, pursuant to the guidelines of B1 and B2. N. Key fields the key fields consist of the institution code, transaction date and transaction reference number . Together, they should be unique at all times. This means that the transaction reference number should be distinct per transaction date per institution. O. All amount values must not contain commas or special characters except the decimal point to indicate centavos, i.e. , P550,120.50 should be encoded as 550120.50. P. Validity of each field values in terms of length and data type must be observed. Q. The number of commas must be less than one from the required total number of field values field1 , field2 , field3 , field4 Total Fields = 4 Total Commas = 3 Note: field3 should always be followed by a comma whether or not field4 has data N,Lastname,Firstname,Middlename or N,Lastname,Firstname, R. CTR/STR reports should reflect where the transaction occurred , i.e. , Head Office or branch. This is identified by the institution code in the Header record which must be 11 or 18 digits (up to branch level). There may be several detail records less than one (1) header record to report several transactions of one branch, and there may be several header records in one (1) file to report transactions of several branches. S. For Covered Persons with Different Branches, the CTR/STR Format Structure should be as follows: H - Header Record of Head Office D - 1st Detail Record of Head Office D - 2nd Detail Record of Head Office . . D - Last Detail Record of Head Office H - Header Record of Branch1 D - 1st Detail Record of Branch1 . . D - Last Detail Record of Branch1 H - Header Record of Branch2 D - 1st Detail Record of Branch2 D - 2nd Detail Record of Branch2 . . D - Last Detail Record of Branch2 . . H - Header Record of Branch n D - 1st Detail Record of Branch n D - 2nd Detail Record of Branch n . . D - Last Detail Record of Branch n T - Trailer Record T. For Remittance transactions: 1. For Inward Remittance transactions, wherein CPs have no control over the name and format of the address, the following guidelines should be followed: a. When CPs cannot identify if the Beneficiary or Counterparty name is an individual or corporation, the Name Flag Y should be used, following the format for a corporate name. This shall be limited to the following transaction codes: i. Counterparty all inward remittance transaction codes ii. Beneficiary RIRIA and RIRDA transaction codes b. When CPs have identified the Beneficiary or Counterparty as an individual, the Name Flag N should be used, however, only the Last Name field shall be mandatory. This shall be limited to the following transaction codes: i. Counterparty all inward remittance transaction codes ii. Beneficiary RIRIA and RIRDA transaction codes c. When the Beneficiary or Counterparty Address is in free format, the complete address shall be encoded in the 1st field containing one hundred (100) characters, if the address exceeds one hundred (100) characters; the rest of the address can be inputted in the 2nd field; only Address Field 1 is mandatory. This shall be limited to the following transaction codes: i. Counterparty all inward remittance transaction codes ii. Account Holder/Beneficiary RIRIA and RIRDA transaction codes 2. CTRs for Inward/Outward Remittance transactions, including pass-thru inward remittance, should be reported using Format 1 with the following highlights: (All other mandatory fields must have entries including optional fields, if available). Field Name Value Reporting Institution = Bank Outward Remittance (ORM) transaction Account Number (D-5) - Account Number of Client Account Holder/Client (D-A-4) - Name of CP's client Account Holder Address (D-A-5) - Address of the CPs client Beneficiary Name (D-B-4) - Receiver of Remittance Beneficiary Address (D-B-5) - Address of the Receiver of Remittance Beneficiary Account Number (D-B-6) - Account No. of receiver (Mandatory for RORDC and RORIC transaction codes; optional for other outward remittance transaction codes. FX Amount (D-8)/FX Currency Code (D-9) - FX amount remitted (for International Remittances) Correspondent Bank (D-16) - Name of Beneficiary's Bank Country Code (D-18) - Country code of D-16 Inward Remittance (IRM) transaction Account Number (D-5) - Account Number of Client Account Holder/Client (D-A-4) - Name of CP's client (receiver/beneficiary of the remittance) Account Holder Address (D-A-5) - Address of the CPs client Counterparty Name (D-C-4) - Name of Remitter Counterparty Address (D-C-5) - Address of Remitter FX Amount (D-8)/FX Currency Code (D-9) - FX amount remitted (for International Remittances) Correspondent Bank (D-16) - Name of Remitter's Bank Country Code (D-18) - Country code of D-16 Pass-thru transaction (Inward Remittance) Account Number (D-5) - Account Number of Beneficiary's Bank (if client of the reporting CP) Account Holder/Client (D-A-4) - Name of Beneficiary's Bank (may or may not be a client of the reporting CP Account Holder Address (D-A-5) - Address of the Beneficiary's Bank Beneficiary Name (D-B-4) - Name of final beneficiary client of another bank Beneficiary Address (D-B-5) - Address of final beneficiary client of another bank (Optional) Beneficiary Account Number (D-B-6) - Account no. of final beneficiary (Optional) Counterparty Name (D-C-4) - Name of Remitter Counterparty Address (D-C-5) - Address of Remitter (Optional) FX Amount (D-8)/FX Currency Code (D-9) - FX amount remitted (for International Remittances) Correspondent Bank (D-16) - Name of Remitter's Bank Country Code (D-18) - Country code of D-16 Reporting Institution Non-Bank Outward Remittance (ORM) transaction Account Number (D-5) - Account Number/Tracking Number assigned to client Account Holder/Client (D-A-4) - Name of Remitter (client of reporting CP) Account Holder Address (D-A-5) - Address of the Remitter/client Beneficiary Name (D-B-4) - Receiver of the Remittance Beneficiary Address (D-B-5) - Address of Receiver FX Amount (D-8)/FX Currency Code (D-9) - FX amount remitted (for International Remittances) Correspondent Bank (D-16) - Remittance Tie-up or bank Country Code (D-18) - Country code of D-16 Inward Remittance (IRM) transaction Account Number (D-5) - Account Number/Tracking Number assigned to client Account Holder/Client (D-A-4) - Receiver of Remittance Account Holder Address (D-A-5) - Address of Receiver Counterparty Name (D-C-4) - Name of Remitter FX Amount (D-8)/FX Currency Code (D-9) - FX amount remitted (for International Remittances) Correspondent Bank (D-16) - Remittance tie up or bank Country Code (D-18) - Country code of D-16 For uniformity, CPs should observe the use of the following transfer related transaction codes: Inter-Account Transfer (CTRIA) Transfer of funds from one account to another client's account within the same bank Inward Remittance (Domestic)-Credit to Beneficiary's Account (RIRDC) Remittance where the instruction is for the beneficiary's account to be credited (involves 2 banks: bank of the remitter & beneficiary) Inward Remittance (International)-Credit to Beneficiary's Account (RIRIC) Outward Remittance/TT (Domestic)-Credit to Beneficiary's Account (RORDC) Outward Remittance/TT (International)-Credit to Beneficiary's Account (RORIC) Inward Remittance (Domestic)-For Further Credit to Another Account (RIRDA) Remittance through credit to accountholder's account maintained with another bank (involves 3 banks: remitter's bank, correspondent (intermediary) bank and the beneficiary's bank) Inward Remittance (International)-For Further Credit to another account (RIRIA) Outward Remittance/TT (Domestic)-For Further Credit to another account (RORDA) Outward Remittance/TT (International)-For Further Credit to another account (RORIA) U. For Loan Availment Transactions, amount to be indicated in the Transaction Amount (D-7) should be the amount released to the borrower; approved loan amount should be indicated in D-15 Field. All loan releases in excess of Php500,000.00 should be reported as CTR. V. For Sale of ROPA, amount to be indicated in the Transaction Amount (D-7) should be the amount received from the buyer; amount of ROPA should be indicated in D-15 Field. All installment payment in excess of Php500,000.00 should be reported as CTR. W. File Name convention for CPs with 11-digit institution code 999999yyyymmddss.csv where 999999 = first 6 digits of institution code, yyyymmdd = reporting date (year, month, day the report is sent to AMLC), ss = sequence number from 01-99 representing number of files transmitted for the day (batch number or number of transmission). Default sequence no. is 01 . File Name convention for CPs with 18-digit institution code 999999999yyyymmddss.csv where 999999999 = first 9 digits of institution code, yyyymmdd = reporting date (year, month, day the report is sent to AMLC), ss = sequence number from 01-99 representing number of files transmitted for the day (batch number or number of transmission). Default sequence no. is 01. X. For Virtual Asset Transactions D-5. Account No./PN No./Client Stock Ref. No. Refers to the assigned Account Number of the client and the Virtual Currency Wallet Address separated by a slash (/). Example: 123456789/BTC1234567891011. D-6. Old Account No./PN No./Client Stock Ref. No. Refers to the previously assigned Account Number of the client and the Virtual Currency Wallet Address separated by a slash (/). Example: 123456789/BTC1234567891011. D-10. Nature/purpose of Transaction/Virtual Currency Name Contains the Complete Virtual Currency Name being transacted. For transaction code VVAC, details should contain the complete original Virtual Currency Name and complete New Virtual Currency Name separated by dash (-). Example: Bitcoin-Etheruim. II. Additional Guideline in CT/ST Reporting B.The amount indicated in the CTRs or STRs shall include all taxes, or other fees incidental to the execution of the transaction, except in the following transactions: Inward remittance, which shall be reported at the amount actually received by the client, net of taxes or other charges (or net proceeds). Net proceeds of sale of securities and/or similar instruments by the client. Time Deposit Pay-out, where in the amount to be reported is the amount actually credited/received by the client. Purchase of MC Amount of MC indicated in the face of the check. B. Transactions lodged under Contingent accounts pending settlement or maturity thereof shall be reported only at the time such transactions are actually settled, or have matured, or availed of. C. In cases of Securities Custodianship, the identity of the investor/beneficial owner of the securities shall be indicated in the CTRs and STRs when reporting the receipt of securities from issuing bank. D. For CTRs/STRs involving numbered accounts, the covered person is required to use the real names of the account holders in the submission of CTRs/STRs. E. Time Deposit Placements/Investments Roll-over of time deposits/investments are considered low risk transactions, however, reporting as a CTR is required in the following scenarios: o If a new Account Number was issued upon rollover, this should be reported as a new placement, indicating the new and the old account number in the transaction data fields. o If upon roll-over, the client made an additional placement of more than Php500,000.00, a CTR should be filed indicating the new amount of placement. o If upon rollover, the client withdraws an amount of more than Php500,000.00, two (2) CTRs should be reported, 1st the payout and 2nd the rollover of CTR less the pay-out amount (only if the amount of the new placement is more than Php500,000.00.) o If a time deposit placement/investment, which upon initial placement is below the reporting threshold, thus not reported as a CTR; however, upon rollover reaches the reporting threshold, this should now be reported as a CTR. F. The AMLC supports the use of "multi-legged transactions" (series of transactions initiated by one (1) action within a covered person). Only the main transaction is required to be reported as CTR and the transactions inherent to the main transaction need not be reported. E.g. , Purchase of Manager's Check wherein amount will be paid by debiting the account of the client, instead of reporting two (2) CTRs for this, which is the debiting of the account and the actual purchase of MC; transaction code to be reported under Format 1.0 will be Purchase of MC via debit to account wherein the accountholder's account details (client who purchased the MC) will be reported. G. The Customer Reference Number (CRN) is an optional field for CTRs and STRs, this will be used for future static data submission. However, CRN is mandatory for the Account Holder Party or Subject of Suspicion Party, whichever is applicable for Suspicious Transaction Reports, wherein reason of Suspicion will fall in any of the following predicate crimes: Kidnapping for Ransom; Drug Trafficking; Hijacking; destructive arson; and murder, including those perpetrated by terrorists against non-combatant persons and similar targets; Terrorism and conspiracy to commit terrorism; and Violation of Section 19 (A) (3) of RA 10697, otherwise known as the Strategic Trade Management Act, in relation to the financing of proliferation of weapons of mass destruction and its financing pursuant to United Nations Security Council Resolution Nos. 1718 of 2006 and 2231 of 2015. CRN will also be used in the uploading of KYC documents. Also CRN shall be mandatory for STRs submitted using the transaction code STRA (STR per Account) H. A "spurious check" refers to a document having the appearance of a check or similar document but is actually a fake or counterfeit document. It may also refer to a genuine check or similar document that is materially altered or falsified. AMLC exempts the presenting bank from filing an STR relative to its receipt of a spurious check from a depository bank that has no clearing facilities . This amends Resolution No. 10, Series of 2007 which states that: "A bank through which a fraudulent or spurious check passes, either as depository, presenting, or drawee bank, shall file the corresponding STR, pursuant to Section 9 (c) of the AMLA." In as much as the presenting bank is not privy to the transaction between the depository bank and its client, it is not required to file an STR relative to the fraudulent issuance of the spurious check. It is upon the depository bank and the drawee bank to report the transaction of their respective clients, i.e., the depository and the drawer, respectively . Highlights of STR reporting by banks for spurious checks are as follows: (All other mandatory fields must have entries including optional fields, if available). Depository Bank Account holder/Client Name of Depositor/Client Account Number Account Number of Client/Depositor Peso Amount Amount in Check Beneficiary Name of Payee in Check Counterparty Name of Issuer of Check; if available Correspondent Bank Name of Drawee Bank Drawee Bank Account holder/Client Name of Client/Issuer of Check Account Number Account Number in Check Peso Amount Amount in Check Beneficiary Name of Payee in Check Counterparty Not applicable Correspondent Bank Name of Presenting Bank I. For the Insurance Industry: When the total amount of the regular annualized premiums for the entire year, regardless of the mode of payment (monthly, quarterly, semi-annually, or annually), exceeds Php500,000.00, such amount shall be reported as a covered transaction, even if the amounts of the amortizations are less than the threshold amount, using the transaction codes for Purchase of Policy. All succeeding payments in excess of Php500,000.00 should be reported using the transaction codes for Premium/Plan Payment. Premiums for the renewal of the insurance policies under the same terms and conditions need not be reported provided that CTRs are submitted on the initial premium payment. For initial payment wherein the Policy Owner have not been issued an Insurance Policy, any receipt of Payment in excess of Php500,000.00 should be reported using the transaction code NREC (Receipt of Initial Payment for Insurance Policy). Once the policy owner has been issued an insurance policy, a CTR should again be filed using the transaction code pertaining to Purchase of Insurance, wherein transaction date is the date of issuance of the Insurance Policy. In reporting payments, transaction dates for reporting of CTRs, should be as follows: o Date of actual payment if payment was made directly to the insurance companies; and o Date of receipt of collection from intermediaries, such as banks, payment centers, brokers, and agents, which in no case shall exceed ten (10) calendar days from the date of actual payment by the client. Any disbursement in excess of Php500,000.00 shall be filed as covered transaction. In the case of multiple beneficiaries, CTR shall be filed upon claim of each individual beneficiary exceeding the threshold amount. J. For the Securities Industry: Reporting of CT/ST shall be on a per order basis ( order refers to the executed instructions given for buying or selling of each issue); settlement transactions need not be reported. Ex. Client instructed broker to buy Php1,000,000 worth of Meralco shares. Broker bought P300,000 worth of Meralco shares in the morning and P400,000 worth of Meralco shares in the afternoon. Broker will report the purchase of P700,000 worth of Meralco shares. For bundled transactions, reporting shall still be on a per done order basis. For issues with multiple values within the day, the data for the "NET ASSET VALUE" field shall be averaged . For block sale, the executing brokers shall be indicated in the counterparty field. K. Deferred reporting shall be applicable to covered transactions only. The responsibility of CPs to report suspicious transactions, where applicable, remains. Should there be further adjustments/modifications in the application thereof; the foregoing policy shall be prospective. L. Digital certificate shall be implemented to ensure integrity, efficiency, and security of the report files. The Gnu Privacy Guard (GPG) shall be provided to all the CPs to be used for encrypting and digital signing. M. To ensure that only authorized officials will be allowed to send reports to AMLC electronically, there shall be a registration and continuous data updating of business units, and their authorized compliance officers. N. Functional trainings for authorized persons are usually conducted on the last Wednesday of the month or upon announcement by the AMLCS. O. Rejected transaction due to invalid codes (transaction, currency, and country) should be sent again using submission type A. Please take note that the reference number of the original transaction should be used for the resent transaction. P. The Upload Confirmation Receipt does not guarantee that all CTRs/STRs in the CSV file/s have been uploaded. To check if all files/CTR have been accepted by the system (without errors), files should be viewed in the File Upload History Page. Q. The AMLC Web Services is a facility for CPs to transmit CT/STRs automatically. To avail of the service, CPs should send an email to the Secretariat requesting enrolment to the facility. Thereafter, an email shall be sent by the Secretariat with the attached Registration Form and Web Services specifications. R. For COs handling multiple CPs under the same company umbrella, a single User Account may be arranged to be able to log-on and submit CTRs/STRs of the different subsidiaries/affiliates. To apply for this arrangement, an email request specifying the list of subsidiaries/affiliates to be grouped should be sent. S. The advisory icon in the AMLC portal which contains advisories, resolutions and guidelines shall be the main process of communication with the CPs. The "New Advisory" icon will flash whenever a new advisory is published and will continue to do so until such time the user opens or reads the advisory. T. Electronic returns for Freeze orders shall be uploaded in the AMLC portal, guidelines please refer to Chapter 2.6. U. Updates on the UNSC Designated list (include both the Taliban 1988 Sanctions List and the Al-Qaida Sanctions List) shall be posted in both the AMLC website and AMLC portal for reference and guidance. Effectivity The 2021 AMLC Registration and Reporting Guidelines shall take effect thirty (30) days after its complete publication in a newspaper of general circulation, except for the following, which shall take effect six (6) months after its complete publication in a newspaper of general circulation: Lifting of Loan Payment as a deferred for reporting as a CTR; Part 4 the inclusion of the STR Trigger in the Header Record for Suspicious Transaction Reports; Guidelines for Format 1 (Letter U Loan Availment Transactions, wherein amount to be indicated in the Transaction Amount (D-7) is the amount released to the borrower and approved loan amount at D-15 Field and Letter V Sale of ROPA, wherein amount to be indicated in the Transaction Amount (D-7) is the amount received from the buyer and amount of ROPA at D-15 Field; and Updating of Country and Currency Codes. FOR THE AMLC: (SGD.) MEL GEORGIE B. RACELA Executive Director ANNEX A Sample CSV File (Format 1.0) Sample Plotting of a CSV File (Format 1.0), Using Microsoft Excel Header Record Detail Record Transaction Data (Row 2, Columns A-T) Subject Data (Account Holder) Trailer Record Sample Using Notepad CSV File Layout (Format 1) (Sample CTR for Covered Persons with Branches) ANNEX B System Codes AMLC Transaction Codes GROUP TRANSACTION CODE TRANSACTION TITLE TRANSACTION DEFINITION C CBPDK Bills Purchase/Discounting OC Checks/drafts and other negotiable instruments which have been discounted with or purchased by the bank under bills purchase/bills discounting arrangement through the issuance of Other Banks Check C CBPDM Bills Purchase/Discounting MC/CC Checks/drafts and other negotiable instruments which have been discounted with or purchased by the bank under bills purchase/bills discounting arrangement through the issuance of Manager's/Cashier Check C CBPRC Bills Purchase/Discounting Cash Checks/drafts and other negotiable instruments which have been discounted with or purchased by the bank under bills purchase/bills discounting arrangement which are encashed over the counter C CBPRK Bills Purchase/Discounting Credit Memo Checks/drafts and other negotiable instruments which have been discounted with or purchased by the bank under bills purchase/bills discounting arrangement which are credited to the customer's account C CBPYC Bills Payment Cash Payment of bills by cash over the counter C CBPYD Bills Payment Debit Memo Payment of bills through debit of customer's account C CBPYM Bills Payment MC/CC/OC Payment of bills through issuance of Manager's check/Cashier's check/Other Checks C CCBCE Clean Bills for Collection (Export) This represents collection by the domestic bank from foreign correspondent bank of financial documents (bill of exchange/draft) unaccompanied by any commercial document such as bill of lading, invoices, etc. which shall be used as basis for paying the exporters C CCBI Credit Bills Import This refers to the written request of a first party (buyer/importer) addressed to a second party (bank) to pay the bearer (exporter/seller) of the written request from the funds/deposits of the first party maintained with the second party or from the credit advanced by the second party to the first party C CCKCL Check Clearing Debiting of the drawer's account after clearing C CCMC Cancelled/Stale MC/CC/DD/TC Crediting back to the account of the client the amount used to purchase the MC/CC/DD/TC C CCOL Collection Collection of payments/receivables by the merchants from the acquiring bank/credit card company C CDEPC Deposit Cash Deposit to savings/current accounts in the form of cash C CDEPK Deposit Check Deposit to savings/current account in the form of checks (MC/CC/OC) C CDEBP Payroll/Pension Account Debit Debiting of the mother account with payroll/pension service arrangement C CDEPS Salaries/Pension Credit Benefits credited to deposit accounts of the employees/pensioners C CECCL Electronic Cash Card/Gift Cards Purchase/Loading Purchase or Loading of funds into the electronic cash cards/gift cards C CECCP Electronic Cash Card/Gift Cards/Debit Cards Purchase Purchase of goods or services by the cardholder using the Electronic cash card/gift cards/debit cards C CECCW Electronic Cash Card/Gift Card/Debit Cards Withdrawal Withdrawal or encashment of funds from the electronic cash card/gift cards/debit cards C CENC Encashment Check encashment over the counter C CCUTD Check Cutting Services Debit from Account Payment to suppliers of accountholders with check cutting facility arrangements C COCKD On-Us Check Deposit Check deposited is issued by the same bank where the deposit was made C CPCC Prepaid Card Reversal (Telecoms) Reversal of prepaid card transactions C CPDOB Deposit through other local bank Deposit to client's account wherein the actual cash/check/electronic transfer was processed in another local bank C CPCL Prepaid Card Loading (Telecoms) Placement/Loading of funds into the prepaid card C CPCP Prepaid Card Purchase (Telecoms) Purchase of Prepaid cards C CPMC Purchase of MC/CC/DD/TC Cash Purchase of manager's/cashier's check/demand draft/traveler's check in cash C CPMD Purchase of MC/CC/DD/TC Debit Memo Purchase of manager's check/cashier's check/demand draft/traveler's through debit to accountholder's account C CPMP Purchase of MC/CC/DD/TC Mixed Payments Purchase of manager's check/cashier's check/demand draft/traveler's using two or more pay types (cash, checks, debit from account, wire) C CRETU Returned Check This refers to a check returned to/by the client or dishonored/found to be defective for certain reasons such as insufficiency of funds and alterations in the document C CTRIA Inter-Account Transfers (same bank) Movement of funds from one account to another client's account within the same bank C CWDLA Withdrawals ATM Client's withdrawal from its deposit account through the ATM C CWDLK Withdrawal through issuance of check Withdrawal from client's account wherein proceeds will be released using other bank's check C CWDLO Withdrawals OTC Client's withdrawal from its deposit account through over the counter C CWDOB Withdrawal through other local bank Withdrawal from client's account wherein the actual release of cash is done in another local bank D DTDPC Time Deposit Placement Cash Placement of time deposit/special deposit/premium deposit/long term deposits, etc. (other than savings/current) in cash D DTDPD Time Deposit Placement Debit Memo Placement of time deposit/special deposit/premium deposit/long term deposits, etc. (other than savings/current) through debit of accountholder's account D DTDPK Time Deposit Placement On-Us/OC Placement of time deposit/special deposit/premium deposit/long term deposits, etc. (other than savings/current) through on-us and other banks checks D DTDPM Time Deposit Placement MC/CC Placement of time deposit/special deposit/premium deposit/long term deposits, etc. (other than savings/current) through MC/CC D DTDPP Time Deposit Placement Mixed Payment Placement of time deposit/special deposit/premium deposit/long term deposits, etc. (other than savings/current) in two or more pay types (cash, checks, debit from account, wire) D DTDPW Time Deposit Placement Wire Placement of time deposit/special deposit/premium deposit/long term deposits, etc. (other than savings/current) through wire D DTDRC Time Deposit Pretermination Cash Pretermination of time deposit/special time deposit/premium time deposit and the like where settlement is made in cash D DTDRK Time Deposit Pretermination Credit Memo Pretermination of time deposit/special time deposit/premium time deposit and the like where proceeds are credited to accountholder's account D DTDRM Time Deposit Pretermination MC/CC Pretermination of time deposit/special time deposit/premium time deposit and the like where proceeds are released through manager's check/cashier's check D DTDRO Roll Over of Time Deposit Roll over of time deposit, only if there will be a change in the account number D DTDRP Time Deposit Pretermination Mixed Payment Pretermination of time deposit/special time deposit/premium time deposit and the like where proceeds are paid in two or more pay types (cash, checks, credit to account, wire) D DTDRW Time Deposit Pretermination Wire Pretermination of time deposit/special time deposit/premium time deposit and the like where proceeds are released through wire D DTDYC Time Deposit Payment Cash Termination of time deposit/special time deposit/premium time deposit and the like where proceeds are paid in cash (other than savings/current) D DTDYK Time Deposit Payment Credit Memo Termination of time deposit/special time deposit/premium time deposit and the like where proceeds are credited to account D DTDYM Time Deposit Payment MC/CC/OC Termination of time deposit/special time deposit/premium time deposit and the like where proceeds are paid in MC/CC/OC D DTDYW Time Deposit Payment Wire Termination of time deposit/special time deposit/premium time deposit and the like where proceeds are released through wire D DTDYP Time Deposit Payment Mixed Payment Termination of time deposit/special time deposit/premium time deposit and the like where proceeds are paid in two or more pay types (cash, checks, credit to account, wire) E ERESP SALE of Real Estate Sale of Real Estate Property either in cash or by installment and includes down payments, reservation fees and amortization E ERESR Refund of payment on Sale of Real Estate Refund of payment on sale of Real Estate Property either in cash or by installment and includes down payments, reservation fees and amortization E EREPP Purchase of Real Estate Purchase of Real Estate Property either in cash or by installment and includes down payments, reservation fees and amortization E EREPR Refund of Payment on Purchase of Real Estate Refund of payment on purchase of Real Estate Property either in cash or by installment and includes down payments, reservation fees and amortization E ERELP Lease Payment on Real Estate Property Payment of lease on Real Estate Property either in cash or by installment including advance rentals and deposits E ERELR Refund of Lease Payment on Real Estate Property Refund of payment of lease on Real Estate Property either in cash or by installment including advance rentals and deposits F FFEBC Buy Foreign Exchange Cash Cash purchase of foreign currency against Philippine currency F FFEBD Buy Foreign Exchange Debit Memo Purchase of foreign currency against Philippine currency settled by debiting the buyer's account F FFEBM Buy Foreign Exchange MC/CC/OC Purchase of foreign currency against Philippine currency settled through MC/CC/Other Checks F FFEBP Buy Foreign Exchange Mixed Payment Purchase of foreign currency against Philippine currency settled in two or more pay types (cash, checks, debit to account, wire) F FFEBW Buy Foreign Exchange Wire Purchase of foreign currency against Philippine currency via wire F FFESC Sell FX Cash Cash Sale of foreign currency against Philippine currency F FFESD Sell FX through Debit Memo Credit to Account Sale of foreign currency through debiting the account where the instruction is to credit the proceeds to a third-party account F FFESK Sell FX Credit Memo Sale of foreign currency against Philippine currency settled by crediting accountholder's account F FFESM Sell FX MC/CC/OC Sale of foreign currency against Philippine currency settled through issuance of manager's check/cashier's check F FFESP Sell FX Mixed Payment Sale of foreign currency against Philippine currency settled in two or more pay types (cash, checks, debit to account, wire) F FFESW Sell FX Wire Sale of foreign currency against Philippine currency settled via wire F FFUBC Buy Foreign Exchange using other currencies Cash Cash purchase of foreign currency using other currencies (USD and third currencies) F FFUBD Buy Foreign Exchange using other currencies Debit Memo Purchase of foreign currency using other currencies (USD and third currencies) settled by debiting the buyer's account F FFUBM Buy Foreign Exchange using other currencies check Purchase of foreign currency using other currencies (USD and third currencies) settled through checks F FFUBW Buy Foreign Exchange using other currencies Wire Purchase of foreign currency using other currencies (USD and third currencies) via wire F FFUSC Sell FX settled using other currencies Cash Cash Sale of foreign currency using other currencies (USD and third currencies) F FFUSK Sell FX settled using other currencies Credit Memo Sale of foreign currency using other currencies (USD and third currencies) settled by crediting accountholder's account F FFUSM Sell FX settled using other currencies Check Sale of foreign currency using other currencies (USD and third currencies) settled through issuance of checks F FFUSW Sell FX settled using other currencies Wire Sale of foreign currency using other currencies (USD and third currencies) settled via wire I ICOBD Cancelled Outward Bills Debit Return of payment via debit from the account of the client (exporter) due to cancelled outward bills I ICDCC Cancelled Documentary Collection Credit Return of funds via crediting the account of the client (importer) due to cancelled documentary collection I IDLDC Documentary Collection with LC (Buyer) Domestic Cash Collection of funds by a bank due from a buyer against the delivery of documents with LC related to importation of goods and services in cash (domestic) I IDLDD Documentary Collection with LC (Buyer) Domestic Debit Memo Collection of funds by a bank due from a buyer against the delivery of documents with LC related to importation of goods and services through debiting of an account (domestic) I IDLDM Documentary Collection with LC (Buyer) Domestic MC/CC/OC Collection of funds by a bank due from a buyer against the delivery of documents with LC related to importation of goods and services through MC/CC/OC (domestic) I IDLIC Documentary Collection with LC (Import) Cash Foreign Collection of foreign currency funds by the bank from its client (importer) covering the value of imports and related expenses under import letters of credit through cash I IDLID Documentary Collection with LC (Import) Debit Memo Foreign Collection of foreign currency funds by the bank from its client (importer) covering the value of imports and related expenses under import letters of credit through debiting client's account I IDLIM Documentary Collection with LC (Import) MC/CC/OC Foreign Collection of foreign currency funds by the bank from its client (importer) covering the value of imports and related expenses under import letters of credit through MC/CC/OC I IDLSD Documentary Collection with LC (Seller) Domestic Collection of funds by a bank due from a seller against the delivery of documents with LC I IDNIC Documentary Collection Non-LC (Import) Cash Foreign Collection of foreign currency funds by the bank from its client (importer) covering the value of imports and related expenses not covered by import letters of credit through cash I IDNID Documentary Collection Non-LC (Import) Debit Memo Foreign Collection of foreign currency funds by the bank from its client (importer) covering the value of imports and related expenses not covered by import letters of credit through debiting client's account I IDNIM Documentary Collection Non-LC (Import) MC/CC/OC Foreign Collection of foreign currency funds by the bank from its client (importer) covering the value of imports and related expenses not covered by import letters of credit through MC/CC/OC I ILCC Letter of Credit Cancellation Cancellation of opened LC I IOBLC Outward Bills for Collection with LC (Export) Cash Foreign Amount of foreign bills, drafts of checks collected from foreign correspondent bank arising from the exportation of goods and services under import letters of credit and paid to bank's client (exporter) through cash I IOBLK Outward Bills for Collection with LC (Export) Credit Memo Foreign Amount of foreign bills, drafts of checks collected from foreign correspondent bank arising from the exportation of goods and services under import letters of credit and paid to bank's client (exporter) through credit to account I IOBLM Outward Bills for Collection with LC (Export) MC/CC/OC Foreign Amount of foreign bills, drafts of checks collected from foreign correspondent bank arising from the exportation of goods and services under import letters of credit and paid to bank's client (exporter) through MC/CC/OC I IOBNC Outward Bills for Collection Non-LC (Export) Cash Foreign Amount of foreign bills, drafts of checks collected from foreign correspondent bank arising from the exportation of goods and services not covered by import letters of credit and paid to bank's client (exporter) through cash I IOBNK Outward Bills for Collection Non-LC (Export) Credit Memo Foreign Amount of foreign bills, drafts of checks collected from foreign correspondent bank arising from the exportation of goods and services not covered by import letters of credit and paid to bank's client (exporter) through credit to account I IOBNM Outward Bills for Collection Non-LC (Export) MC/CC/OC Foreign Amount of foreign bills, drafts of checks collected from foreign correspondent bank arising from the exportation of goods and services not covered by import letters of credit and paid to bank's client (exporter) through MC/CC/OC I ITRA Trust Receipt Availment Trust Receipt Availed I ITRC Trust Receipt Payment Cash Payment of trust receipt agreement through cash I ITRD Trust Receipt Payment Debit Memo Payment of trust receipt agreement through debit of accountholder's account I ITRM Trust Receipt Payment MC/CC/OC Payment of trust receipt agreement through MC/CC/OC I ITRW Trust Receipt Payment Wire Payment of trust receipt agreement via wire I ITRP Trust Receipt Pre-termination Pre-termination of trust receipt agreement K KCCA Credit Card Cash Advance Cash advances and other loans granted by credit card companies to its cardholders K KCCD Credit Card Adjustment Adjustment in credit card account K KCCPA Credit Card Purchases/Availments Purchases of cardholders K KCCPB Credit Card Purchase (Purchase of Credit Card Receivable) Purchase of credit card balances/receivables by another credit card company K KCCPC Credit Card Payment Cash Over the counter payment of credit card bills K KCCPE Credit Card Payment EP (Electronic Payment) Payment of credit card bills electronically through ATM or E-banking K KCCPK Credit Card Payment Check Payment of credit card bills by check K KPAYK Payment to credit card merchants Credit to Account Payment of merchants by the acquiring bank through credit to account K KPAYM Payment to credit card merchants Check Payment of merchants by the acquiring bank through check L LADRD Disposition of bank assets and ROPA through donation Transfer of bank assets and ROPA through donation L LARCC Cancellation of Contract to Sell of ROPA Cancellation of Contract to Sell of ROPA L LAREC Execution of the CTS of ROPA Execution of the Contract to Sell of ROPA or its equivalent involving the total contract price L LARF Foreclosed/Acquired Asset/ROPA This refers to real and other properties, other than those used for banking purposes or held for investment, acquired by the bank in settlement of loans through foreclosure of mortgage in payment and/or any other mode of acquisition L LARLP Lease Payment on Asset and ROPA Payment of lease on Assets and Real & Other Properties Acquired (ROPA) either in cash or by installment including advance rentals and deposits L LARRL Refund of Lease Payment on Asset and ROPA Refund of payment of lease on Assets and Real & Other Properties Acquired (ROPA) either in cash or by installment including advance rentals and deposits L LARRS Refund of Sale Payment on Asset and ROPA Refund of payment of sale on Assets and Real & Other Properties Acquired (ROPA) either in cash or by installment including down payments, reservation fees and amortizations L LARSP Sale Payment of Asset & ROPA Disposition of bank assets and ROPA either in cash or by installment and includes down payments, reservation fees and amortization L LIBB Interbank Borrowing (Regular/Foreign Currency Denominated Unit) Loans/Placements granted by banks and non-bank financial institutions with quasi-banking authority to another financial institution L LIBL Interbank Lending (Regular/Foreign Currency Denominated Unit) Loans/Placements granted to other banks and non-bank financial institutions with quasi-banking authority including bank's acceptance of other bank's drafts, export bills purchased without recourse L LLCAC Lease Contract Agreement Cancellation Cancellation of Lease Contract L LLCAG Lease Contract Agreement This refers to a contract by which a CP (lessor) of a specific asset grants a customer (the lessee) the right to its exclusive possession and use for a specific period and under specified conditions, in return for specified periodic rental or lease payments L LLCAN Loan Cancellation Cancellation of an approved loan availed, call for cash for credit cards and similar transactions L LLNAC Loan Availment (Regular/Foreign Currency Denominated Unit) Cash Loan availed and released through cash L LLNAK Loan Availment (Regular/Foreign Currency Denominated Unit) Credit Memo Loan availed and released through direct credit to borrower's account L LLNAM Loan Availment (Regular/Foreign Currency Denominated Unit) MC/CC/OC Loan availed and released through manager's check/cashier's check L LLNAP Loan Availment (Regular/Foreign Currency Denominated Unit) Mixed Payment Loan availed and released using two or more pay types (cash, checks, credit to account, wire) L LLNAW Loan Availment (Regular/Foreign Currency Denominated Unit) Wire Loan availed and released through wire L LLPRC Loan Payment (Regular/Foreign Currency Denominated Unit) Cash Payment of loan where settlement is made in cash L LLPRD Loan Payment (Regular/Foreign Currency Denominated Unit) Debit Memo Payment of loan where settlement is made through debit of borrower's account L LLPRM Loan Payment (Regular/Foreign Currency Denominated Unit) MC/CC/OC Payment of loan where settlement is made by MC/CC or any other check L LLPRP Loan Payment (Regular/Foreign Currency Denominated Unit) Mixed Payment Payment of loan where settlement is made using two or more pay types (cash, checks, debit from account, wire) L LLPRW Loan Payment (Regular/Foreign Currency Denominated Unit) Wire Payment of loan where settlement is made through wire L LLRRE Loan Restructuring (Regular/Foreign Currency Denominated Unit) Takes place when a past due loan is renewed or its due date is extended after maturity date or its interest rates/outstanding obligation is repriced L LLRRW Loan Renewal/Repricing Loan Renewal/Repricing Takes place when a current loan is renewed, or its due date is extended before maturity date or its interest rates/outstanding obligation/periodic amortization is repriced whether a new promissory note is issued L LLTRC Loan Pretermination (Regular/Foreign Currency Denominated Unit) Cash Pretermination of loan where payment is made in cash L LLTRD Loan Pretermination (Regular/Foreign Currency Denominated Unit) Debit Memo Pretermination of loan where settlement is made through debit of borrower's account L LLTRM Loan Pretermination (Regular/Foreign Currency Denominated Unit) MC/CC/OC Pretermination of loan where settlement is made through manager's check/cashier's check L LLTRP Loan Pretermination (Regular/Foreign Currency Denominated Unit) Mixed Payment Pretermination of loan where payment is made using two or more pay types (cash, checks, debit from account, wire) L LLTRW Loan Pretermination (Regular/Foreign Currency Denominated Unit) Wire Pretermination of loan where settlement is made through wire L LPLRC Pledge Loan Release Cash Loan released to borrower through cash. The loan is guaranteed by a valid pledge ( i.e. , pawned items, assets) L LPLRK Pledge Loan Release Credit Memo Loan released to borrower through direct credit to borrower's account. The loan is guaranteed by a valid pledge ( i.e. , pawned items, assets) L LPLRM Pledge Loan Release MC/CC/OC Loan released to borrower through manager's check, cashier's check, or other check. The loan is guaranteed by a valid pledge ( i.e. , pawned items, assets) L LPLRW Pledge Loan Release Wire Loan released to borrower via wire. The loan is guaranteed by a valid pledge ( i.e. , pawned items, assets) L LRBT Loan Rebates Partial refund as a result of advance or excess payment of loan L LRED Redemption Payment of obligation to redeem pawned items and/or redemption of foreclosed collaterals L LSLR Sale of Loan Receivable Sale of loan receivables by one covered institution to another covered institution N NADV Advance Premium Payment Payment of amortization in advance for insurance policies N NCAPC Capital Infusion Cash Infusion of funds by a shareholder of the reporting Covered Person via cash N NCAPD Capital Infusion Debit Infusion of funds by a shareholder of the reporting covered person via debit to account N NCAPM Capital Infusion MC/CC/OC Infusion of funds by a shareholder of the reporting covered person via check N NCAPW Capital Infusion Wire Infusion of funds by a shareholder of the reporting covered person via wire N NCLTR Cancel Reinsurance Transaction Cancellation of reinsurance transaction. N NCOL Collateral received from clients Collateral received from clients for the purchase of insurance policies and assets, e.g. , bonds N NFFWV Full Fund withdrawal Fund withdrawal on a variable unit link or investment linked policy N NLOIP Other Loans insurance/pre-need Other loans granted by insurance or pre-need companies and released with the issuance of a corporate check N NPFWV Partial fund withdrawal Partial fund withdrawal on a variable unit link or investment-linked policy N NPLCA Cancellation of Insurance Application Refund of premium for both traditional life or life with investment policy N NPLCR Cancellation of policy or plan by company thru rescission Premium may be refunded depending on the nature of the case involving fraud or concealment on the part of the policyholder N NPLCV Voluntary Cancellation Voluntary cancellation of insurance application, traditional policy, variable/unit link life insurance policy or pre-need plan and refund of corresponding premium or excess premium by the policy holder N NPLIC Purchase of Life with Investment Insurance Policy CASH Purchase of life with investment insurance policy in cash N NPLID Purchase of Life with Investment Insurance Policy Debit Memo Purchase of life with investment insurance policy by debiting plan holder's bank account/redemption of investment/policy N NPLIM Purchase of Life with Investment Insurance Policy MC/CC/OC Purchase of life with investment insurance policy through manager's check/cashier's check/other checks N NPLIP Purchase of Life with Investment Insurance Policy Mixed Payments Purchase of life with investment insurance policy using two or more pay types (cash, checks, credit card, debit from account, wire) N NPLIR Purchase of Life with Investment Insurance Policy Credit Card payment Purchase of life with investment insurance policy using credit card N NPLIS Purchase of Life with Investment Insurance Policy Other source Purchase of life with investment insurance policy and pay corresponding premiums from other sources (dividends from other policy, benefits, etc.) N NPLIT Purchase of Life with Investment Insurance Policy Payment Channels Purchase of life with investment insurance policy done through Payment Channels N NPLIW Purchase of Life with Investment Insurance Policy Wire/Fund Transfers Purchase of life with investment insurance policy via wire or fund transfers N NPLN Policy/Plan Loans Loan against an insurance policy or pre-need plan subject to the accrued cash surrender value and dividend N NPLPC Premium/Plan Payment Cash Premium paid by the policyholder/plan holder, including top-ups or excess premium using cash N NPLPD Premium/Plan Payment Debit memo Premium paid by the policyholder/plan holder, including top-ups or excess premium by debiting plan holder's account N NPLPM Premium/Plan Payment MC/CC/OC Premium paid by the policyholder/plan holder, including top-ups or excess premium through manager's check/cashier's check/other checks N NPLPR Premium/Plan Payment Credit Card Premium paid by the policyholder/plan holder, including top-ups or excess premium using credit card N NPLPS Premium/Plan Payment Other source Premium paid by the policyholder/plan holder, including top-ups or excess premium from other sources (dividends from other policy, benefits, etc.) N NPLPT Premium/Plan Payment Payment Channels Premium paid by the policyholder/plan holder, including top-ups or excess premium done through Payment Channels N NPLPW Premium/Plan Payment Wire/Fund transfers Premium paid by the policyholder/plan holder, including top-ups or excess premium via wire/fund transfer N NPLPY Premium/Plan Payment Mixed payments Premium paid by the policyholder/plan holder, including top-ups or excess premium using two or more pay types (cash, checks, credit card, debit from account, wire) N NPLY Policy Loan Payment Payment of policy or plan loans by the policyholders/plan holders N NPNLC Purchase of Non-Life Insurance Policy CASH Purchase of non-life insurance policy in cash N NPNLD Purchase of Non-Life Insurance Policy Debit Memo Purchase of non-life insurance policy by debiting to accountholder's bank account N NPNLM Purchase of Non-Life Insurance Policy MC/CC/OC Purchase of non-life insurance policy through manager's check/cashier's check/other checks N NPNLP Purchase of Non-Life Insurance Policy Mixed Payments Purchase of non-life insurance policy using two or more pay types (cash, checks, credit card, debit from account, wire) N NPNLR Purchase of Non-Life Insurance Policy Credit Card Purchase of non-life insurance policy using credit card N NPNLS Purchase of Non-Life Insurance Policy Other source Purchase of non-life insurance policy using two or more pay types (cash, checks, credit card, debit from account, wire) N NPNLT Purchase of Non-Life Insurance Policy Payment Channels Purchase of non-life insurance policy through Payment Channels N NPNLW Purchase of Non-Life Insurance Policy Wire Purchase of non-life insurance policy via wire N NPPNC Purchase of Pre-Need Plan CASH Purchase of pre-need plan in cash N NPPND Purchase of Pre-Need Plan Debit Memo Purchase of pre-need plan by debiting plan holder's bank account/redemption of investment/policy N NPPNM Purchase of Pre-Need Plan MC/CC/OC Purchase of pre-need plan through manager's check/cashier's check/other checks N NPPNP Purchase of Pre-Need Plan Mixed Payments Purchase of pre-need plan using two or more pay types (cash, checks, credit card, debit from account, wire) N NPPNR Purchase of Pre-Need Plan Credit Card Purchase of pre-need plan using credit card N NPPNS Purchase of Pre-Need Plan Other source Purchase of pre-need plan using two or more pay types and pay corresponding premiums from other sources (dividends from other policy, benefits, etc.) N NPPNT Purchase of Pre-Need Plan Payment Channels Purchase of pre-need plan through Payment Channels N NPPNW Purchase of Pre-Need Plan Wire Purchase of pre-need plan via wire N NPSA Purchase/Sale of Asset Asset purchased by members; e.g. , Real estate offered to members N NPTAS Transaction adjustments Any adjustment/s made on an insurance policy initiated by clients. These may include but not limited to the following: payment term/adjustment, premium adjustment, benefit adjustment, changes in investment as a result of top-ups, change of beneficiary and other changes that may occur in a policy N NPTLC Purchase of Traditional Life Insurance Policy CASH Purchase of traditional life insurance policy in cash N NPTLD Purchase of Traditional Life Insurance Policy Debit Memo Purchase of traditional life insurance policy by debiting plan holder's bank account/redemption of investment/policy N NPTLM Purchase of Traditional Life Insurance Policy MC/CC/OC Purchase of traditional life insurance policy through manager's check/cashier's check/other checks N NPTLP Purchase of Traditional Life Insurance Policy Mixed Payments Purchase of traditional life insurance policy using two or more pay types (cash, checks, credit card, debit from account, wire) N NPTLR Purchase of Traditional Life Insurance Policy Credit Card payment Purchase of traditional life insurance policy using credit card N NPTLS Purchase of Traditional Life Insurance Policy Other source Purchase of traditional life insurance policy using other sources (dividends from other policy, benefits, etc.) N NPTLT Purchase of Traditional Life Insurance Policy Payment Channels Purchase of traditional life insurance policy through Payment Channels N NPTLW Purchase of Traditional Life Insurance Policy Wire/Fund Transfers Purchase of traditional life insurance policy via wire or fund transfers N NPYBC Pay Benefits/Claims Payment of benefits or claims as provided under the insurance policy or pre-need plan N NPYCV Pay Cash Surrender Value (CSV)/Equity Value Pay cash surrender value the amount due the assured/plan holder, net of outstanding policy loans and interest thereon, upon the surrender of the policy before its maturity date N NPYDV Pay Dividends Withdrawal of dividend earned on the insurance policy or pre-need plan N NREC Receipt of Provisional Insurance Payment Receipt of provisional payment of sourced insurance policy, wherein the actual policy has not been issued since underwriting is still ongoing N NREIT Reinsurance Transaction Reinsurance transaction is an agreement between a ceding company and one or more reinsurers whereby the ceding company agree to cede, and the reinsurer agree to accept the reinsurance of all the risks written by the ceding company which falls within the terms subject to the limits specified therein N NRPPY Refund of Premium Payment Refund of excess premium payment shall cover over payment of premiums for traditional policies and refund of top-ups or excess premiums for variable or unit-link policies O OBPSM Buy Precious Stones/Metals Purchase of Precious Stones/Metals O OSPSM Sell Precious Stones/Metals Sale of Precious Stones/Metals O OPSR Payment Services Rendered Payment for professional services rendered R RIIR Returned Inward Remittance (International) This refers to an inward remittance (international) returned to/by the correspondent bank due to, but not limited to the following: incorrect account number, account name or account closed R RIRD Returned Inward Remittance (Domestic) This refers to an inward remittance (domestic) returned to/by the correspondent bank due to, but not limited to the following: incorrect account number, account name or account closed R RIRDA Inward Remittance (Domestic) For Further Credit to Another Account Inward remittance (domestic) through credit to accountholder's account maintained with another bank (beneficiary maintains an account with another bank) R RIRDC Inward Remittance (Domestic) Credit to Beneficiary's Account Inward remittance (domestic) where the beneficiary's account is credited (beneficiary is a client of the reporting institution) R RIRDE Inward Remittance (Domestic) Credit to Beneficiary Account via Electronic Banking Inward remittance coming from one local bank to another via Internet, Mobile Banking and via ATM R RIRDP Inward Remittance (Domestic) Advise and Pay Beneficiary Inward remittance (domestic) where the instruction is for the domestic bank to advise and pay the beneficiary in cash over the counter R RIRIA Inward Remittance (International) For Further Credit to Another Account Inward remittance (international) through credit to accountholder's account maintained with another bank (beneficiary maintains an account with another bank) R RIRIC Inward Remittance (International) Credit to Beneficiary's Account Inward remittance (international) where the beneficiary's account is credited (beneficiary is a client of the reporting institution) R RIRIP Inward Remittance (International) Advise and Pay Beneficiary Inward remittance (international) where the instruction is for the domestic bank to advise and pay the beneficiary in cash over the counter R ROIR Returned Outward Remittance (International) This refers to an outward remittance (international) returned to/by the correspondent bank due to, but not limited to the following: incorrect account number, account name or account closed R RORD Returned Outward Remittance/TT (Domestic) This refers to an outward remittance (domestic) returned to/by the correspondent bank due to, but not limited to the following: incorrect account number, account name or account closed R RORDA Outward Remittance/TT (Domestic) For Further Credit to another acct. Outward remittance (domestic) where the instruction is to credit the beneficiary's account kept in another bank (the beneficiary bank is different from the accountholder's bank), this usually involves a third bank which act as a pass thru bank R RORDC Outward Remittance/TT (Domestic) Credit to Beneficiary's Account Outward remittance (domestic) where the instruction is to credit the beneficiary's account kept in another bank (the beneficiary bank is different from the accountholder's bank) R RORDE Outward Remittance (Domestic) Credit to Beneficiary account via Electronic banking Outward remittance from one local bank to another local bank via Internet, Mobile Banking and via ATM R RORDP Outward Remittance/TT (Domestic) Advise and Pay Beneficiary Outward remittance (domestic) where the instruction is for the beneficiary to be advised and paid in cash R RORIA Outward Remittance/TT (International) For Further Credit to another acct. Outward remittance (international) where the instruction is to credit the accountholder's account kept in another bank (the beneficiary does not maintain an account with the correspondent bank) R RORIC Outward Remittance/TT (International) Credit to Beneficiary's Account Outward remittance (international) where the instruction is for the beneficiary's account to be credited (the beneficiary holds an account with the correspondent bank/foreign branch) R RORIP Outward Remittance/TT (International) Advise and Pay Beneficiary Outward remittance (international) where the instruction is for the beneficiary to be advised and paid in cash S SBCO Buy Call Option Purchase of security with call option. A call option is an agreement that gives the investor the right to buy a stock, bond commodity or other instrument at a specified price within a specified time/period S SBYS Buy Securities Purchase of debt/equity securities, derivatives S SCON Contribution/Subscription Subscription of capital stock of a covered institution in the form of common, preferred or any other shares or a contribution in a non-stock, non-profit covered institution S SETRI External Transfer of Investment Holding/s IN Transaction where the investment holding/s of a client, a joint account or a third-party account coming from another covered institution is transferred to the client's account S SETRO External Transfer of Investment Holding/s OUT Transaction where the investment holding/s of a client is transferred to an account with another covered institution which may be in the same client's name, a joint account, or a third-party account S SITRI Internal Transfer of Investment Holding/s IN Transaction where the investment holding/s of another client is transferred to the client's account, within the same covered institution S SITRO Internal Transfer of Investment Holding/s OUT Transaction where the investment holding/s of the client is transferred to another client's account which may be a joint account or a third-party account, within the same covered institution S SPTS Securities Pretermination Pretermination of debt/equity securities, derivatives S SSCAD Securities/Investment Cash Account Deposit Deposit to client's securities/investments account with the broker/administrator/fund manager S SSCAW Securities/Investment Cash account Withdrawal Withdrawal from client's securities/investments account with the broker/administrator/fund manager S SSCO Sell Call Option Sale of security with call option. A call option is an agreement that gives the investor the right to buy a stock, bond commodity or other instrument at a specified price within a specified time/period S SSLS Sell Securities Sale of debt/equity securities, derivatives S SUWDT Underwrite Debt Issues Underwriting of debt securities issued by other entities S SUWEQ Underwrite Equity Issues Underwriting of equity securities issued by other entities T TBBC Buy Bonds CASH Purchase of debt securities in cash T TBBD Buy Bonds Debit Memo Purchase of debt securities by debiting the customer's account T TBBM Buy Bonds MC/CC/OC Purchase of debt securities through Manager's/Cashier's check/Other check T TBBW Buy Bonds Wire Purchase of debt securities via wire T TBPC Bond Pretermination Cash Pretermination of bonds where settlement is made in cash T TBPK Bond Pretermination Credit Memo Pretermination of bonds where proceeds are credited to accountholder's account T TBPM Bond Pretermination MC/CC/OC Pretermination of bonds where proceeds are released through manager's check/cashier's check T TBPW Bond Pretermination Wire Pretermination of bonds where proceeds are released through wire T TBPYC Bond Payment Cash Termination of bonds where proceeds are paid in cash (other than savings/current) T TBPYK Bond Payment Credit Memo Termination of bonds where proceeds are credited to account T TBPYM Bond Payment MC/CC/OC Termination of bonds where proceeds are paid in MC/CC/OC T TBPYW Bond Payment Wire Termination of bonds where proceeds are paid via wire T TBSC Sell Bonds CASH Sale of debt securities paid in cash T TBSK Sell Bonds Credit Memo Sale of debt securities by crediting accountholder's account T TBSM Sell Bonds MC/CC/OC Sale of debt securities through issuance of manager's check/cashier's check T TBSW Sell Bonds Wire Sale of debt securities paid via wire T TCAPC Capital Infusion Cash Infusion of funds by a shareholder of the reporting Covered Person via cash T TCAPD Capital Infusion Debit Infusion of funds by a shareholder of the reporting covered person via debit to account T TCAPM Capital Infusion MC/CC/OC/On-Us Check Infusion of funds by a shareholder of the reporting covered person via check T TCAPW Capital Infusion Wire Infusion of funds by a shareholder of the reporting covered person via wire T TCBBC Buy Corporate Bonds CASH Purchase of debt securities issued by private corporations in cash T TCBBD Buy Corporate Bonds Debit Memo Purchase of debt securities issued by private corporations by debiting the customer's account T TCBBM Buy Corporate Bonds MC/CC/OC Purchase of debt securities issued by private corporations through Manager's/Cashier's check/Other check T TCBBW Buy Corporate Bonds Wire Purchase of debt securities issued by private corporations via wire T TCBPC Corporate Bond Pretermination Cash Pretermination of bonds issued by private corporations where settlement is made in cash T TCBPK Corporate Bond Pretermination Credit Memo Pretermination of bonds issued by private corporations where proceeds are credited to accountholder's account T TCBPM Corporate Bond Pretermination MC/CC/OC Pretermination of bonds issued by private corporations where proceeds are released through manager's check/cashier's check T TCBPW Corporate Bond Pretermination Wire Pretermination of bonds issued by private corporations where proceeds are released via wire T TCBSC Sell Corporate Bonds CASH Sale of debt securities issued by private corporations paid in cash T TCBSK Sell Corporate Bonds Credit Memo Sale of debt securities issued by private corporations by crediting accountholder's account T TCBSM Sell Corporate Bonds MC/CC/OC Sale of debt securities issued by private corporations through issuance of manager's check/cashier's check T TCBSW Sell Corporate Bonds Wire Sale of debt securities issued by private corporations paid via wire T TCBYC Corporate Bond Payment Cash Termination of bonds issued by private corporations where proceeds are paid in cash (other than savings/current) T TCBYK Corporate Bond Payment Credit Memo Termination of bonds issued by private corporations where proceeds are credited to account T TCBYM Corporate Bond Payment MC/CC/OC Termination of bonds issued by private corporations where proceeds are paid in MC/CC/OC T TCBYW Corporate Bond Payment Wire Termination of bonds issued by private corporations where proceeds are paid via wire T TCCS Cross Currency Swap An agreement between two parties to exchange interest payments and principal on loans denominated in two different currencies. In a cross-currency swap, a loan's interest payments and principal in one currency would be exchanged for an equal valued loan and interest payments in a different currency T TCDS Credit Default Swap A financial contract whereby a buyer of corporate or sovereign debt in the form of bonds attempts to eliminate possible loss arising from default by the issuer of the bonds T TCFBC Buy Currency Futures CASH Purchase of transferable futures contract that specifies the price at which a specified currency can be bought or sold at a future date in cash T TCFBD Buy Currency Futures Debit Memo Purchase of transferable futures contract that specifies the price at which a specified currency can be bought or sold at a future date by debiting the customer's account T TCFBM Buy Currency Futures MC/CC/OC Purchase of transferable futures contract that specifies the price at which a specified currency can be bought or sold at a future date through Manager's/Cashier's check/Other check T TCFBW Buy Currency Futures Wire Purchase of transferable futures contract that specifies the price at which a specified currency can be bought or sold at a future date via wire T TCFPC Currency Futures Pretermination Cash Pretermination of transferable futures contract that specifies the price at which a specified currency can be bought or sold at a future date in cash T TCFPK Currency Futures Pretermination Credit Memo Pretermination of transferable futures contract that specifies the price at which a specified currency can be bought or sold at a future date by crediting accountholder's account T TCFPM Currency Futures Pretermination MC/CC/OC Pretermination of transferable futures contract that specifies the price at which a specified currency can be bought or sold at a future date through Manager's/Cashier's check/Other check T TCFPW Currency Futures Pretermination Wire Pretermination of transferable futures contract that specifies the price at which a specified currency can be bought or sold at a future date via wire T TCFSC Sell Currency Futures CASH Sale of transferable futures contract that specifies the price at which a specified currency can be bought or sold at a future date in cash T TCFSK Sell Currency Futures Credit Memo Sale of transferable futures contract that specifies the price at which a specified currency can be bought or sold at a future date by crediting accountholder's account T TCFSM Sell Currency Futures MC/CC/OC Sale of transferable futures contract that specifies the price at which a specified currency can be bought or sold at a future date through issuance of manager's check/cashier's check T TCFSW Sell Currency Futures Wire Sale of transferable futures contract that specifies the price at which a specified currency can be bought or sold at a future date via wire T TCFYC Currency Futures Payment Cash Termination of transferable futures contract that specifies the price at which a specified currency can be bought or sold at a future date in cash T TCFYK Currency Futures Payment Credit Memo Termination of transferable futures contract that specifies the price at which a specified currency can be bought or sold at a future date by crediting accountholder's account T TCFYM Currency Futures Payment MC/CC/OC Termination of transferable futures contract that specifies the price at which a specified currency can be bought or sold at a future date through issuance of manager's/cashier's/other check T TCFYW Currency Futures Payment Wire Termination of transferable futures contract that specifies the price at which a specified currency can be bought or sold at a future date via wire T TCOBC Buy Currency Option CASH Purchase of currency option in cash T TCOBD Buy Currency Option Debit Memo Purchase of currency option by debiting the customer's account T TCOBM Buy Currency Option MC/CC/OC Purchase of currency option through Manager's/Cashier's check/Other check T TCOBW Buy Currency Option Wire Purchase of currency option via wire T TCOSC Sell Currency Option CASH Sale of currency option in cash T TCOSD Sell Currency Option Credit Memo Sale of currency option by debiting the customer's account T TCOSM Sell Currency Option MC/CC/OC Sale of currency option through Manager's/Cashier's check/Other check T TCOSW Sell Currency Option Wire Sale of currency option via wire T TCRBC Buy Contracts Receivable with Recourse CASH Purchase of receivable contracts, commercial papers, or other evidences of indebtedness on a with recourse basis in cash T TCRBD Buy Contracts Receivable with Recourse Debit Memo Purchase of receivable contracts, commercial papers, or other evidences of indebtedness on a with recourse basis by debiting the customer's account T TCRBM Buy Contracts Receivable with Recourse MC/CC/OC Purchase of receivable contracts, commercial papers, or other evidences of indebtedness on a with recourse basis through Manager's/Cashier's check/Other check T TCRBW Buy Contracts Receivable with Recourse Wire Purchase of receivable contracts, commercial papers, or other evidences of indebtedness on a with recourse basis via wire T TCRC Cancel Contracts Cancellation of contracts or agreements to buy or sell products included in this list T TCRPC Contracts Receivables with recourse Pretermination Cash Pretermination of receivable contracts such as loans, contracts to sell, commercial papers and Other Evidences of Indebtedness with recourse basis in form of cash T TCRPK Contracts Receivables with recourse Pretermination Credit Memo Pretermination of receivable contracts such as loans, contracts to sell, commercial papers and Other Evidences of Indebtedness with recourse basis through credit memo T TCRPM Contracts Receivables with recourse Pretermination MC/CC/OC Pretermination of receivable contracts such as loans, contracts to sell, commercial papers and Other Evidences of Indebtedness with recourse basis through issuance of manager's check/cashier's check T TCRPW Contracts Receivables with recourse Pretermination Wire Pretermination of receivable contracts such as loans, contracts to sell, commercial papers and Other Evidences of Indebtedness with recourse basis where proceeds are released via wire T TCRSC Sell Contracts Receivable with recourse Cash Sale of receivable contracts such as loans, contracts to sell, commercial papers and other evidences of indebtedness, with recourse basis in the form of cash T TCRSK Sell Contracts Receivable with recourse Credit Memo Sale of receivable contracts such as loans, contracts to sell, commercial papers and other evidences of indebtedness, with recourse basis by crediting accountholder's account T TCRSM Sell Contracts Receivable with recourse MC/CC/OC Sale of receivable contracts such as loans, contracts to sell, commercial papers and other evidences of indebtedness, with recourse basis through the issuance of manager's/cashier's check T TCRSW Sell Contracts Receivable with recourse Wire Sale of receivable contracts such as loans, contracts to sell, commercial papers and other evidences of indebtedness, with recourse basis in the form of wire T TCRYC Contracts Receivables with recourse Payment Cash Termination of receivable contracts such as loans, contracts to sell, commercial papers and Other Evidences of Indebtedness with recourse basis in form of cash T TCRYK Contracts Receivables with recourse Payment Credit Memo Termination of receivable contracts such as loans, contracts to sell, commercial papers and Other Evidences of Indebtedness with recourse basis through credit memo T TCRYM Contracts Receivables with recourse Payment MC/CC/OC Termination of receivable contracts such as loans, contracts to sell, commercial papers and Other Evidences of Indebtedness with recourse basis through issuance of manager's check/cashier's check T TCRYW Contracts Receivables with recourse Payment Wire Termination of receivable contracts such as loans, contracts to sell, commercial papers and Other Evidences of Indebtedness with recourse where proceeds are released via wire T TCSBC Buy Common Stocks CASH Purchase of common shares of other entities in cash T TCSBD Buy Common Stocks Debit Memo Purchase of common shares of other entities by debiting the customer's account T TCSBM Buy Common Stocks MC/CC/OC Purchase of common shares of other entities through the issuance of Manager's/Cashier's check/Other check T TCSBW Buy Common Stocks Wire Purchase of common shares of other entities via wire T TCSPC Common Stocks Pretermination Cash Pretermination of common shares of other entities in cash T TCSPK Common Stocks Pretermination Credit Memo Pretermination of common shares of other entities by crediting accountholder's account T TCSPM Common Stocks Pretermination MC/CC/OC Pretermination of common shares of other entities through issuance of manager's check/cashier's check T TCSPW Common Stocks Pretermination Wire Pretermination of common shares of other entities where proceeds are released via wire T TCSSC Sell Common Stocks CASH Sale of common shares of other entities in cash T TCSSK Sell Common Stocks Credit Memo Sale of common shares of other entities by crediting accountholder's account T TCSSM Sell Common Stocks MC/CC/OC Sale of common shares of other entities through issuance of manager's check/cashier's check T TCSSW Sell Common Stocks Wire Sale of common shares of other entities via wire T TCSYC Common Stocks Payment Cash Termination of common shares of other entities in cash T TCSYK Common Stocks Payment Credit Memo Termination of common shares of other entities through credit to accountholder's account T TCSYM Common Stocks Payment MC/CC/OC Termination of common shares of other entities through issuance of MC/CC/OC T TCSYW Common Stocks Payment Wire Termination of common shares of other entities where proceeds are released via wire T TCWBC Buy Contracts Receivable without Recourse CASH Purchase of receivable contracts, commercial papers, or other evidences of indebtedness on a without recourse basis in cash T TCWBD Buy Contracts Receivable without Recourse Debit Memo Purchase of receivable contracts, commercial papers, or other evidences of indebtedness on a without recourse basis by debiting the customer's account T TCWBM Buy Contracts Receivable without Recourse MC/CC/OC Purchase of receivable contracts, commercial papers, or other evidences of indebtedness on a without recourse basis through Manager's/Cashier's check/Other check T TCWBW Buy Contracts Receivable without Recourse Wire Purchase of receivable contracts, commercial papers, or other evidences of indebtedness on a without recourse basis via wire T TCWPC Contracts Receivables (w/o recourse) Pretermination Cash Pretermination of receivable contracts such as loans, contracts to sell, commercial papers and Other Evidences of Indebtedness w/o recourse basis in form of cash T TCWPK Contracts Receivables (w/o recourse) Pretermination Credit Memo Pretermination of receivable contracts such as loans, contracts to sell, commercial papers and Other Evidences of Indebtedness w/o recourse basis through credit memo T TCWPM Contracts Receivables (w/o recourse) Pretermination MC/CC/OC Pretermination of receivable contracts such as loans, contracts to sell, commercial papers and Other Evidences of Indebtedness w/o recourse basis through issuance of manager's check/cashier's check T TCWPW Contracts Receivables (w/o recourse) Pretermination Wire Pretermination of receivable contracts such as loans, contracts to sell, commercial papers and Other Evidences of Indebtedness w/o recourse basis where proceeds are released via wire T TCWSC Sell Contracts Receivables (w/o recourse) Cash Sale of receivable contracts such as loans, contracts to sell, commercial papers and Other Evidences of Indebtedness w/o recourse basis in form of cash T TCWSK Sell Contracts Receivables (w/o recourse) Credit Memo Sale of receivable contracts such as loans, contracts to sell, commercial papers and Other Evidences of Indebtedness w/o recourse basis through credit memo T TCWSM Sell Contracts Receivables (w/o recourse) MC/CC/OC Sale of receivable contracts such as loans, contracts to sell, commercial papers and Other Evidences of Indebtedness w/o recourse basis through issuance of manager's/cashier's check T TCWSW Sell Contracts Receivables (w/o recourse) Wire Sale of receivable contracts such as loans, contracts to sell, commercial papers and Other Evidences of Indebtedness w/o recourse basis in form of wire T TCWYC Contracts Receivables (w/o recourse) Payment Cash Termination of receivable contracts such as loans, contracts to sell, commercial papers and Other Evidences of Indebtedness w/o recourse basis in form of cash T TCWYK Contracts Receivables (w/o recourse) Payment Credit Memo Termination of receivable contracts such as loans, contracts to sell, commercial papers and Other Evidences of Indebtedness w/o recourse basis through credit memo T TCWYM Contracts Receivables (w/o recourse) Payment MC/CC/OC Termination of receivable contracts such as loans, contracts to sell, commercial papers and Other Evidences of Indebtedness w/o recourse basis through issuance of manager's check/cashier's check T TCWYW Contracts Receivables (w/o recourse) Payment Wire Termination of receivable contracts such as loans, contracts to sell, commercial papers and Other Evidences of Indebtedness w/o recourse basis where proceeds are released via wire T TDFCR Deliverable/Currency Forward Credit Outward Remittance Deliverable/Currency Forward Settlement wherein proceeds will be paid to client via outward remittance T TDFCC Deliverable/Currency Forward Credit Credit to Account/MC/CC/OC Deliverable/Currency Forward Settlement wherein proceeds will be paid to client via credit to account or thru issuance of checks T TDFDR Deliverable/Currency Forward Debit Inward Remittance Deliverable/Currency Forward Settlement wherein client will pay via inward remittance T TDFDD Deliverable/Currency Forward Debit Debit to Account/MC/CC/OC Deliverable/Currency Forward Settlement wherein client will pay via debit to account or thru checks T TDSBC Buy Derivative Securities CASH Purchase of derivative securities in cash. A derivative security usually takes the form of an agreement to buy or sell an asset of item at a fixed price on or before certain date T TDSBD Buy Derivative Securities Debit Memo Purchase of derivative securities by debiting the customer's account. A derivative security usually takes the form of an agreement to buy or sell an asset of item at a fixed price on or before certain date T TDSBM Buy Derivative Securities MC/CC/OC Purchase of derivative securities through Manager's/Cashier's check/Other check. A derivative security usually takes the form of an agreement to buy or sell an asset of item at a fixed price on or before certain date T TDSBW Buy Derivative Securities Wire Purchase of derivative securities via wire. A derivative security usually takes the form of an agreement to buy or sell an asset of item at a fixed price on or before certain date T TDSPC Derivative Securities Pretermination Cash Pretermination of derivative securities where settlement is made in cash T TDSPK Derivative Securities Pretermination Credit Memo Pretermination of derivative securities where proceeds are credited to accountholder's account T TDSPM Derivative Securities Pretermination MC/CC/OC Pretermination of derivative securities where proceeds are released through manager's check/cashier's check T TDSPW Derivative Securities Pretermination Wire Pretermination of derivative securities where proceeds are released via wire T TDSSC Sell Derivative Securities Cash Sale of derivative securities in cash. A derivative security usually takes the form of an agreement to buy or sell an asset of item at a fixed price on or before certain date. T TDSSK Sell Derivative Securities Credit Memo Sale of derivative securities by crediting accountholder's account. A derivative security usually takes the form of an agreement to buy or sell an asset of item at a fixed price on or before certain date T TDSSM Sell Derivative Securities MC/CC/OC Sale of derivative securities through issuance of manager's check/cashier's check. A derivative security usually takes the form of an agreement to buy or sell an asset of item at a fixed price on or before certain date T TDSSW Sell Derivative Securities Wire Sale of derivative securities via wire. A derivative security usually takes the form of an agreement to buy or sell an asset of item at a fixed price on or before certain date T TDSYC Derivative Securities Payment Cash Termination of derivative securities where proceeds are paid in cash T TDSYK Derivative Securities Payment Credit Memo Termination of derivative securities where proceeds are credited to account T TDSYM Derivative Securities Payment MC/CC/OC Termination of derivative securities where proceeds are paid in MC/CC/OC T TDSYW Derivative Securities Payment Wire Termination of derivative securities where proceeds are paid via wire T TFFBC Buy Currency Forward CASH Purchase of currency forward contract in cash T TFFBD Buy Currency Forward Debit Memo Purchase of currency forward contract by debiting the customer's account T TFFBM Buy Currency Forward MC/CC/OC Purchase of currency forward contract through Manager's/Cashier's check/Other check T TFFBW Buy Currency Forward Wire Purchase of currency forward contract via wire T TFFSC Sell Currency Forward CASH Sale of currency forward contract in cash T TFFSK Sell Currency Forward Credit Memo Sale of currency forward contract by crediting the customer's account T TFFSM Sell Currency Forward MC/CC/OC Sale of currency forward contract through Manager's/Cashier's check/Other check T TFFSW Sell Currency Forward Wire Sale of currency forward contract via wire T TIRS Interest Rate Swap This refers to an agreement in which the parties agree to exchange interest cash flows on a principal amount at certain times in the future according to an agreed upon formula T TMFBC Buy Mutual Fund Investments/Shares CASH Purchase of/Investment in mutual fund shares in cash T TMFBD Buy Mutual Fund Investments/Shares Debit Memo Purchase of/Investment in mutual fund shares by debiting the customer's account T TMFBM Buy Mutual Fund Investments/Shares MC/CC/OC Purchase of/Investment in mutual fund shares through Manager's/Cashier's check/Other check T TMFBW Buy Mutual Fund Investments/Shares Wire Purchase of/Investment in mutual fund shares via wire T TMFPC Mutual Fund Investments/Shares Pretermination Cash Pretermination of mutual fund shares where settlement is made in cash T TMFPK Mutual Fund Investments/Shares Pretermination Credit Memo Pretermination of mutual fund shares where proceeds are credited to accountholder's account T TMFPM Mutual Fund Investments/Shares Pretermination MC/CC/OC Pretermination of mutual fund shares where proceeds are released through manager's check/cashier's check T TMFPW Mutual Fund Investments/Shares Pretermination Wire Pretermination of mutual fund shares where proceeds are released via wire T TMFSC Sell Mutual Fund Investments/Shares CASH Sale of mutual fund shares in cash T TMFSK Sell Mutual Fund Investments/Shares Credit Memo Sale of mutual fund shares by crediting accountholder's account/policy T TMFSM Sell Mutual Fund Investments/Shares MC/CC/OC Sale of mutual fund shares through manager's check/cashier's check/other checks T TMFSW Sell Mutual Fund Investments/Shares Wire Sale of mutual fund shares via wire T TMFYC Mutual Fund Investments/Shares Payment Cash Termination of mutual fund shares where proceeds are paid in cash T TMFYK Mutual Fund Investments/Shares Payment Credit Memo Termination of mutual fund shares where proceeds are credited to account T TMFYM Mutual Fund Investments/Shares Payment MC/CC/OC Termination of mutual fund shares where proceeds are paid in MC/CC/OC T TMFYW Mutual Fund Investments/Shares Payment Wire Termination of mutual fund shares where proceeds are paid via wire T TMMPC Money Market Instrument Placement CASH Placements in money market instruments and other modes of investment in cash T TMMPD Money Market Instrument Placement Debit Memo Placements in money market instruments and other modes of investment by debiting accountholder's account T TMMPK Money Market Instrument Pretermination Credit Memo Pretermination of money market instruments and other modes of investment are credited to accountholder's account T TMMPM Money Market Instrument Placement MC/CC/OC Placements in money market instruments and other modes of investment through manager's check/cashier's check/other checks T TMMPW Money Market Instrument Placement Wire Placements in money market instruments and other modes of investment via wire T TMMRC Money Market Instrument Pretermination Cash Pretermination of money market instruments and other modes of investment where settlement is made in cash T TMMRM Money Market Instrument Pretermination MC/CC/OC Pretermination of money market instruments and other modes of investment where proceeds are released through manager's check/cashier's check T TMMRW Money Market Instrument Pretermination Wire Pretermination of money market instruments and other modes of investment where proceeds are released via wire T TMMYC Money Market Instrument Payment Cash Termination of money market instruments and other modes of investment paid in cash T TMMYK Money Market Instrument Payment Credit Memo Termination of money market instruments and other modes of investment through credit to accountholder's account T TMMYM Money Market Instrument Payment MC/CC/OC Termination of money market instruments and other modes of investment through manager's check/cashier's check T TMMYW Money Market Instrument Payment Wire Termination of money market instruments and other modes of investment paid via wire T TNDFCR NDF Credit Outward Remittance Non-Deliverable Forward Settlement wherein proceeds will be paid to client via outward remittance T TNDFCC NDF Credit Credit to Account/MC/CC/OC Non-Deliverable Forward Settlement wherein proceeds will be paid to client via credit to account or thru issuance of checks T TNDFDR NDF Debit Inward Remittance Non-Deliverable Forward Settlement wherein client will pay via inward remittance T TNDFDD NDF Debit Debit to Account/MC/CC/OC Non-Deliverable Forward Settlement wherein client will pay via debit to account or thru checks T TPASD Purchase of Precious Metals Debit Payment for the purchase of precious metals (gold, silver, etc.) from the BSP through debit from client's account with the bank T TPSBC Buy Preferred Stocks CASH Purchase of preferred shares of other entities in cash T TPSBD Buy Preferred Stocks Debit Memo Purchase of preferred shares of other entities by debiting the customer's account T TPSBM Buy Preferred Stocks MC/CC/OC Purchase of preferred shares of other entities through Manager's/Cashier's check/Other check T TPSBW Buy Preferred Stocks Wire Purchase of preferred shares of other entities via wire T TPSPC Preferred Stocks Pretermination Cash Pretermination of preferred shares where settlement is made in cash T TPSPK Preferred Stocks Pretermination Credit Memo Pretermination of preferred shares where proceeds are credited to accountholder's account T TPSPM Preferred Stocks Pretermination MC/CC/OC Pretermination of preferred shares where proceeds are released through manager's check/cashier's check T TPSPW Preferred Stocks Pretermination Wire Pretermination of preferred shares where proceeds are released via wire T TPSSC Sell Preferred Stocks CASH Sale of preferred shares in cash T TPSSK Sell Preferred Stocks Credit Memo Sale of preferred shares settled through credit to accountholder's account T TPSSM Sell Preferred Stocks MC/CC/OC Sale of preferred shares settled through manager's check/cashier's check T TPSSW Sell Preferred Stocks Wire Sale of preferred shares via wire T TPSYC Preferred Stocks Payment Cash Termination of preferred shares where proceeds are paid in cash T TPSYK Preferred Stocks Payment Credit Memo Termination of preferred shares where proceeds are credited to account T TPSYM Preferred Stocks Payment MC/CC/OC Termination of preferred shares where proceeds are paid in MC/CC/OC T TPSYW Preferred Stocks Payment Wire Termination of preferred shares where proceeds are paid via wire T TRPBC Buy Securities REPO Cash Buy securities under Repurchase Agreement settled in cash T TRPBD Buy Securities REPO Debit Memo Buy securities under Repurchase Agreement settled by debiting investor's or client's account T TRPBM Buy Securities REPO MC/CC/OC Buy securities under Repurchase Agreement settled through manager's check, cashier's check, other checks T TRPBW Buy Securities REPO Wire Buy securities under Repurchase Agreement settled via wire transfer made by the investor/client T TRPSC Sell Securities REPO Cash Sell securities under Repurchase Agreement settled in cash T TRPSK Sell Securities REPO Credit Memo Sell securities under Repurchase Agreement settled by crediting investor's or client's account T TRPSM Sell Securities REPO MC/CC/OC Sell securities under Repurchase Agreement settled through manager's check, cashier's check, other checks T TRPSW Sell Securities REPO Wire Sell securities under Repurchase Agreement settled via wire transfer made by the investor/client T TSABC Buy Securitized Assets CASH Purchase of securitized assets in cash T TSABD Buy Securitized Assets Debit Memo Purchase of securitized assets by debiting the customer's account T TSABM Buy Securitized Assets MC/CC/OC Purchase of securitized assets through Manager's/Cashier's check/Other check T TSABW Buy Securitized Assets Wire Purchase of securitized assets via wire T TSAPC Securitized Assets Pretermination Cash Pretermination of Securitized Assets where settlement is made in cash T TSAPK Securitized Assets Pretermination Credit Memo Pretermination of securitized assets where proceeds are credited to accountholder's account T TSAPM Securitized Assets Pretermination MC/CC/OC Pretermination of securitized assets where proceeds are released through manager's check/cashier's check T TSAPW Securitized Assets Pretermination Wire Pretermination of Securitized Assets where proceeds are released via wire T TSASC Sell Securitized Assets CASH Sale of securitized assets in cash T TSASK Sell Securitized Assets Credit Memo Sale of securitized assets through credit to accountholder's account T TSASM Sell Securitized Assets MC/CC/OC Sale of securitized assets through manager's check/cashier's check T TSASW Sell Securitized Assets Wire Sale of securitized assets via wire T TSAYC Securitized Assets Payment Cash Termination of securitized assets where proceeds are paid in cash T TSAYK Securitized Assets Payment Credit Memo Termination of securitized assets where proceeds are credited to account T TSAYM Securitized Assets Payment MC/CC/OC Termination of securitized assets where proceeds are paid in MC/CC/OC T TSAYW Securitized Assets Payment Wire Termination of securitized assets where proceeds are paid via wire T TSBBC Buy Sovereign Bonds CASH Purchase of debt securities issued by national government in cash T TSBBD Buy Sovereign Bonds Debit Memo Purchase of debt securities issued by national government by debiting the customer's account T TSBBM Buy Sovereign Bonds MC/CC/OC Purchase of debt securities issued by national government through Manager's/Cashier's check/Other check T TSBBW Buy Sovereign Bonds Wire Purchase of debt securities issued by national government via wire T TSBPC Sovereign Bond Pretermination Cash Pretermination of bonds issued by national government where settlement is made in cash T TSBPK Sovereign Bond Pretermination Credit Memo Pretermination of bonds issued by national government where proceeds are credited to accountholder's account T TSBPM Sovereign Bond Pretermination MC/CC/OC Pretermination of bonds issued by national government where proceeds are released through manager's check/cashier's check T TSBPW Sovereign Bond Pretermination Wire Pretermination of bonds issued by national government where proceeds are released via wire T TSBSC Sell Sovereign Bonds CASH Sale of debt securities issued by national government paid in cash T TSBSK Sell Sovereign Bonds Credit Memo Sale of debt securities issued by national government by crediting accountholder's account T TSBSM Sell Sovereign Bonds MC/CC/OC Sale of debt securities issued by national government through issuance of manager's check/cashier's check T TSBSW Sell Sovereign Bonds Wire Sale of debt securities issued by national government paid via wire T TSBYC Sovereign Bond Payment Cash Termination of bonds issued by national government where proceeds are paid in cash (other than savings/current) T TSBYK Sovereign Bond Payment Credit Memo Termination of bonds issued by national government where proceeds are credited to account T TSBYM Sovereign Bond Payment MC/CC/OC Termination of bonds issued by national government where proceeds are paid in MC/CC/OC T TSBYW Sovereign Bond Payment Wire Termination of bonds issued by national government where proceeds are paid via wire T TSEBC Buy Securities CASH Purchase of other debt/equity securities not otherwise specifically mentioned above in cash T TSEBD Buy Securities Debit Memo Purchase of other debt/equity securities not otherwise specifically mentioned above by debiting the customer's account T TSEBM Buy Securities MC/CC/OC Purchase of other debt/equity securities not otherwise specifically mentioned above through Manager's/Cashier's check/Other check T TSEBW Buy Securities Wire Purchase of other debt/equity securities not otherwise specifically mentioned above via wire T TSEPC Securities Pretermination Cash Pretermination of debt/equity securities where settlement is made in cash T TSEPK Securities Pretermination Credit Memo Pretermination of debt/equity securities where proceeds are credited to accountholder's account T TSEPM Securities Pretermination MC/CC/OC Pretermination of debt/equity securities where proceeds are released through manager's check/cashier's check T TSEPW Securities Pretermination Wire Pretermination of debt/equity securities where proceeds are released via wire T TSESC Sell Securities Cash Sale of debt/equity securities in cash T TSESK Sell Securities Credit Memo Sale of debt/equity securities settled through credit to accountholder's account T TSESM Sell Securities MC/CC/OC Sale of debt/equity securities settled through manager's check/cashier's check T TSESW Sell Securities Wire Sale of debt/equity securities via wire T TSEYC Securities Payment Cash Termination of debt/equity securities where proceeds are paid in cash T TSEYK Securities Payment Credit Memo Termination of debt/equity securities where proceeds are credited to account T TSEYM Securities Payment MC/CC/OC Termination of debt/equity securities where proceeds are paid in MC/CC/OC T TSEYW Securities Payment Wire Termination of debt/equity securities where proceeds are paid via wire T TTFI Trust Fund Income Fiduciary and related services income of the trust department T TTFX Trust Fund Expense Fiduciary and related services expense of the trust department T TWRBC Buy Warrants CASH Purchase of warrants in cash. A warrant gives the holder the right but not the obligation to buy an underlying security at a certain price, quantity, and future time T TWRBD Buy Warrants Debit Memo Purchase of warrants by debiting the customer's account. A warrant gives the holder the right but not the obligation to buy an underlying security at a certain price, quantity, and future time T TWRBM Buy Warrants MC/CC/OC Purchase of warrants through Manager's/Cashier's check/Other check. A warrant gives the holder the right but not the obligation to buy an underlying security at a certain price, quantity, and future time T TWRBW Buy Warrants Wire Purchase of warrants via wire. A warrant gives the holder the right but not the obligation to buy an underlying security at a certain price, quantity, and future time T TWRPC Warrants Pretermination Cash Pretermination of warrants where settlement is made in cash T TWRPK Warrants Pretermination Credit Memo Pretermination of warrants where proceeds are credited to accountholder's account T TWRPM Warrants Pretermination MC/CC/OC Pretermination of warrants where proceeds are released through manager's check/cashier's check T TWRPW Warrants Pretermination Wire Pretermination of warrants where proceeds are released via wire T TWRSC Sell Warrants CASH Sale of warrants in cash T TWRSK Sell Warrants Credit Memo Sale of warrants through credit to accountholder's account T TWRSM Sell Warrants MC/CC/OC Sale of warrants through manager's check/cashier's check T TWRSW Sell Warrants Wire Sale of warrants via wire T TWRYC Warrants Payment Cash Termination of warrants where proceeds are paid in cash T TWRYK Warrants Payment Credit Memo Termination of warrants where proceeds are credited to account T TWRYM Warrants Payment MC/CC/OC Termination of warrants where proceeds are paid in MC/CC/OC T TWRYW Warrants Payment Wire Termination of warrants where proceeds are paid via wire U UAIDI Agency Investment in Debt Instruments Investment of IMA accounts in debt instruments U UAIEQ Agency Investment in Equities Investment of IMA accounts in equities U UAILR Agency Investment in Loans & Receivables Investment of IMA accounts in loans and receivables U UAIOA Agency Investment in Other Assets/Products Investment of IMA accounts in other assets/products U UAPC Agency placement Cash Placement of a client for Agency account cash U UAPD Agency placement Debit Memo Placement of a client for Agency account debit memo U UAPLR Agency Payment of Loans & Receivables Payment/Prepayment of Loans & Receivables funded by IMA accounts U UAPM Agency placement MC/CC/OC/DD Placement of a client for Agency account MC/CC/OC/DD U UAPW Agency placement Wire Placement of a client for Agency account via wire U UASDI Agency Sale of Debt Instruments Divestment of IMA accounts in debt instruments U UASEQ Agency Sale of Equities Divestment of IMA accounts in equities U UASOA Agency Sale of Other Assets/Products Divestment of IMA accounts in other assets/products U UAWC Agency withdrawal Cash Withdrawal of a client from Agency Account by cash U UAWK Agency withdrawal Credit Memo Withdrawal of a client from Agency Account by crediting account of client U UAWM Agency withdrawal MC/CC/OC/DD Withdrawal of a client from Agency Account in the form of MC/CC/OC/DD U UAWW Agency withdrawal Wire Withdrawal of a client from Agency Account via wire U UFAPC Fiduciary-Administratorship placement cash Placement in fiduciary administratorship by cash U UFAPD Fiduciary-Administratorship placement debit memo Placement in fiduciary administratorship by debiting account of client U UFAPM Fiduciary-Administratorship placement MC/CC/OC/DD Placement in fiduciary administratorship in the form of MC/CC/OC/DD U UFAPW Fiduciary-Administratorship placement wire Placement in fiduciary administratorship via wire U UFAWC Fiduciary-Administratorship withdrawal cash Withdrawal of placement in fiduciary administratorship by cash U UFAWK Fiduciary-Administratorship withdrawal credit memo Withdrawal of placement in fiduciary administratorship by crediting account of client U UFAWM Fiduciary-Administratorship withdrawal MC/CC/OC Withdrawal of placement in fiduciary administratorship by issuance of Manager's/Cashier's Check U UFAWW Fiduciary-Administratorship withdrawal Wire Withdrawal of placement in fiduciary administratorship where proceeds are released via wire U UFCPC Fiduciary-Custodianship placement cash Placement in fiduciary custodianship by cash U UFCPD Fiduciary-Custodianship placement debit memo Placement in fiduciary custodianship by debiting account of client U UFCPM Fiduciary-Custodianship placement MC/CC/OC Placement in fiduciary custodianship by Manager's/Cashier's Check or other check U UFCPW Fiduciary-Custodianship placement wire Placement in fiduciary custodianship via wire U UFCWC Fiduciary-Custodianship withdrawal cash Withdrawal of placement in fiduciary custodianship by cash U UFCWK Fiduciary-Custodianship withdrawal credit memo Withdrawal of placement in fiduciary custodianship by crediting account of client U UFCWM Fiduciary-Custodianship withdrawal MC/CC/OC Withdrawal of placement in fiduciary custodianship by issuance of Manager's/Cashier's Check U UFCWW Fiduciary-Custodianship withdrawal wire Withdrawal of placement in fiduciary custodianship where proceeds are released via wire U UFEPC Fiduciary-Escrow placement cash Placement in fiduciary escrow by cash U UFEPD Fiduciary-Escrow placement debit memo Placement in fiduciary escrow by debiting account of client U UFEPM Fiduciary-Escrow placement MC/CC/OC Placement in fiduciary escrow by Manager's/Cashier's Check or other check U UFEPW Fiduciary-Escrow placement wire Placement in fiduciary escrow via wire U UFEWC Fiduciary-Escrow withdrawal cash Withdrawal of placement in fiduciary escrow by cash U UFEWK Fiduciary-Escrow withdrawal credit memo Withdrawal of placement in fiduciary escrow by crediting account of client U UFEWM Fiduciary-Escrow withdrawal MC/CC/OC Withdrawal of placement in fiduciary escrow by issuance of Manager's/Cashier's Check U UFEWW Fiduciary-Escrow withdrawal wire Withdrawal of placement in fiduciary escrow where proceeds are released via wire U UFGPC Fiduciary-Guardianship placement cash Placement in fiduciary guardianship by cash U UFGPD Fiduciary-Guardianship placement debit memo Placement in fiduciary guardianship by debiting account of client U UFGPM Fiduciary-Guardianship placement MC/CC/OC Placement in fiduciary guardianship by Manager's/Cashier's Check or other check U UFGPW Fiduciary-Guardianship placement wire Placement in fiduciary guardianship via wire U UFGWC Fiduciary-Guardianship withdrawal cash Withdrawal of placement in fiduciary guardianship by cash U UFGWK Fiduciary-Guardianship withdrawal credit memo Withdrawal of placement in fiduciary guardianship by crediting account of client U UFGWM Fiduciary-Guardianship withdrawal MC/CC/OC Withdrawal of placement in fiduciary guardianship by issuance of Manager's/Cashier's Check U UFGWW Fiduciary-Guardianship withdrawal wire Withdrawal of placement in fiduciary guardianship via wire U UFLPC Fiduciary-Life Insurance Trust placement cash Placement in fiduciary life insurance trust by cash U UFLPD Fiduciary-Life Insurance Trust placement debit memo Placement in fiduciary life insurance trust by debiting account of client U UFLPM Fiduciary-Life Insurance Trust placement MC/CC/OC Placement in fiduciary life insurance trust by Manager's/Cashier's Check or other check U UFLPW Fiduciary-Life Insurance Trust placement wire Placement in fiduciary life insurance trust via wire U UFLWC Fiduciary-Life Insurance Trust withdrawal cash Withdrawal of placement in fiduciary life insurance trust paid in cash U UFLWK Fiduciary-Life Insurance Trust withdrawal credit memo Withdrawal of placement in fiduciary life insurance trust by crediting account of client U UFLWM Fiduciary-Life Insurance Trust withdrawal MC/CC/OC Withdrawal of placement in fiduciary life insurance trust by issuance of Manager's/Cashier's Check U UFLWW Fiduciary-Life Insurance Trust withdrawal wire Withdrawal of placement in fiduciary life insurance trust via wire U UFSP Fiduciary-Safekeeping placement Placement in fiduciary safekeeping U UFSPC Fiduciary-Safekeeping placement Cash Placement in fiduciary safekeeping in cash U UFSPD Fiduciary-Safekeeping placement Debit Memo Placement in fiduciary safekeeping by debiting account of client U UFSPM Fiduciary-Safekeeping placement MC/CC/OC Placement in fiduciary safekeeping through issuance of Manager's/Cashier's Check or other check U UFSPW Fiduciary-Safekeeping placement Wire Placement in fiduciary safekeeping via wire U UFSW Fiduciary-Safekeeping withdrawal Withdrawal of placement in fiduciary safekeeping U UFSWC Fiduciary-Safekeeping withdrawal Cash Withdrawal of placement in fiduciary safekeeping in cash U UFSWK Fiduciary-Safekeeping withdrawal Credit Memo Withdrawal of placement in fiduciary safekeeping by crediting account of client U UFSWM Fiduciary-Safekeeping withdrawal MC/CC/OC Withdrawal of placement in fiduciary safekeeping through issuance of Manager's/Cashier's Check U UFSWW Fiduciary-Safekeeping withdrawal wire Withdrawal of placement in fiduciary safekeeping via wire U UFXPC Fiduciary-Executorship placement cash Placement in fiduciary executorship by cash U UFXPD Fiduciary-Executorship placement debit memo Placement in fiduciary executorship by debiting account of client U UFXPM Fiduciary-Executorship placement MC/CC/OC Placement in fiduciary executorship by Manager's/Cashier's Check or other check U UFXPW Fiduciary-Executorship placement wire Placement in fiduciary executorship via wire U UFXWC Fiduciary-Executorship withdrawal cash Withdrawal of placement in fiduciary executorship by cash U UFXWK Fiduciary-Executorship withdrawal credit memo Withdrawal of placement in fiduciary executorship by crediting account of client U UFXWM Fiduciary-Executorship withdrawal MC/CC/OC Withdrawal of placement in fiduciary executorship by issuance of Manager's/Cashier's Check U UFXWW Fiduciary-Executorship withdrawal wire Withdrawal of placement in fiduciary executorship via wire U UOFPC Other Fiduciary Placement Cash Placement in all other Fiduciary Trust accounts such as Trust Indenture, Loan Agency, Transfer Agency, etc. in cash U UOFPD Other Fiduciary Placement Debit Memo Placement in all other Fiduciary Trust accounts such as Trust Indenture, Loan Agency, Transfer Agency, etc. by debiting account of client U UOFPM Other Fiduciary Placement MC/CC/OC Placement in all other Fiduciary Trust accounts such as Trust Indenture, Loan Agency, Transfer Agency, etc. through manager's check/cashier's check/other checks U UOFPW Other Fiduciary Placement Wire Placement in all other Fiduciary Trust accounts such as Trust Indenture, Loan Agency, Transfer Agency, etc. by via wire U UOFWC Other Fiduciary withdrawal cash Withdrawal of a client from all other fiduciary trust accounts in cash U UOFWK Other Fiduciary withdrawal credit memo Withdrawal of a client from all other fiduciary trust accounts by crediting account of client U UOFWM Other Fiduciary withdrawal MC/CC/OC Withdrawal of a client from all other fiduciary trust accounts through manager's check/cashier's check/other checks U UOFWW Other Fiduciary withdrawal wire Withdrawal of a client from all other fiduciary trust accounts via wire U UPNPC Pre-Need Account placement cash Placement of a client for pre-need account by cash U UPNPD Pre-Need Account placement debit memo Placement of a client for pre-need account by debiting account of client U UPNPM Pre-Need Account placement MC/CC/OC Placement of a client for pre-need account by Manager's/Cashier's Check or other check U UPNPW Pre-Need Account placement wire Placement of a client for pre-need account via wire U UPNWC Pre-Need Account withdrawal cash Withdrawal of Placement of a client for pre-need account paid in cash U UPNWK Pre-Need Account withdrawal credit memo Withdrawal of Placement of a client for pre-need account by crediting account of client U UPNWM Pre-Need Account withdrawal MC/CC/OC Withdrawal of Placement of a client for pre-need account by issuance of Manager's/Cashier's Check U UPNWW Pre-Need Account withdrawal wire Withdrawal of Placement of a client for pre-need account via wire U USDFP Securities Delivered Free of Payment Securities released by the third-party custodian/trust administrator that was sold without any payment received by the accountholder U USDVP Securities Delivered vs. Payment Securities released by a third-party custodian/trust administrator which was sold with corresponding payment to the account holder U USPC Special Purpose Trust Placement Placement in SPT Acct. by cash U USPCC Special Purpose Trust Placement Cash Placement in SPT Acct. paid in cash U USPCD Special Purpose Trust Placement Debit Memo Placement in SPT Acct. through debit from accountholder's account U USPCM Special Purpose Trust Placement MC/CC/OC Placement in SPT Acct. through manager's check/cashier's check or any other check U USPCW Special Purpose Trust Placement wire Placement in SPT Acct. by wire U USRFP Securities Received Free of Payment Securities received for third party custodianship/trust administratorship without any monetary consideration involved U USRVP Securities Received vs. Payment Securities received for third party custodianship/trust administratorship that was purchased and paid for by the account holder from counterparty U USWC Special Purpose Trust Withdrawal Cash Withdrawal of placement in SPT Acct. by cash U USWK Special Purpose Trust Withdrawal Credit Memo Withdrawal of placement in SPT Acct. by crediting account of client U USWM Special Purpose Trust Withdrawal MC/CC/OC Withdrawal of placement in SPT Acct. in the form of MC/CC/OC U USWW Special Purpose Trust Withdrawal Wire Withdrawal of placement in SPT Acct. via wire U UTFCC Trust Fund Contribution/Placement/Investment Cash Contribution/Placement/Investment in Trust Fund in cash U UTFCD Trust Fund Contribution/Placement/ Investment Debit Memo Contribution/Placement/Investment in Trust Fund through debit to accountholder's account U UTFCM Trust Fund Contribution/Placement/ Investment MC/CC/OC Contribution/Placement/Investment in Trust Fund through manager's check/cashier's check or any other check U UTFCW Trust Fund Contribution/Placement/ Investment Wire Contribution/Placement/Investment in Trust Fund via wire U UTFMC Trust Fund Maturity/Withdrawal/ Redemption/Cancellation Cash Maturity/Withdrawal/Redemption/ Cancellation of Trust Fund in cash U UTFMK Trust Fund Maturity/Withdrawal/ Redemption/Cancellation Credit Memo Maturity/Withdrawal/Redemption/ Cancellation of Trust Fund through credit to accountholder's account U UTFMM Trust Fund Maturity/Withdrawal/ Redemption/Cancellation MC/CC/OC Maturity/Withdrawal/Redemption/Cancellation of Trust Fund through issuance of manager's check/cashier's check or any other check U UTFMW Trust Fund Maturity/Withdrawal/ Redemption/Cancellation Wire Maturity/Withdrawal/Redemption/ Cancellation of Trust Fund via wire U UUICC Unit Investment Trust Fund Cont./Placement/Investment Cash Investment/Placement/Contribution in UITF by cash U UUICD Unit Investment Trust Fund Cont./Placement/Investment Debit Memo Investment/Placement/Contribution in UITF through debit to accountholder's account U UUICM Unit Investment Trust Fund Cont./Placement/Investment MC/CC/OC Investment/Placement/Contribution in UITF through manager's check/cashier's check U UUICW Unit Investment Trust Fund Cont./Placement/Investment Wire Investment/Placement/Contribution in UITF via wire U UUIMC Unit Investment Trust Fund Maturity/Withdrawal/Redemption/Cancellation/ Pretermination Cash Maturity/Withdrawal/Redemption/ Cancellation/Pretermination of Unit Investment Trust Fund in cash U UUIMK Unit Investment Trust Fund Maturity/Withdrawal/ Redemption/Cancellation/Pretermination Credit Memo Maturity/Withdrawal/Redemption/ Cancellation/Pretermination of Unit Investment Trust Fund through credit to accountholder's account U UUIMM Unit Investment Trust Fund Maturity/Withdrawal/ Redemption/Cancellation/Pretermination-MC/CC/OC Maturity/Withdrawal/Redemption/ Cancellation/Pretermination of Unit Investment Trust Fund through issuance of manager's check/cashier's check/other checks U UUIMW Unit Investment Trust Fund Maturity/Withdrawal/ Redemption/Cancellation/Pretermination Wire Maturity/Withdrawal/Redemption/ Cancellation/Pretermination of Unit Investment Trust Fund via wire V VVATP VA Transfer within Platform Transfer of Virtual Asset from one account/Virtual Currency Wallet Address to another V VVATIE VA Incoming Transfer from an External Platform Incoming transfer of Virtual Asset from one account/Virtual Currency Wallet Address to another where the sender's account/Virtual Currency Wallet Address is from an External Platform V VVATOE VA Outgoing Transfer to an External Platform Outgoing transfer of Virtual Asset from one account/Virtual Currency Wallet Address to another where the recipient account/Virtual Currency Wallet Address is to an External Platform V VVAC VA-to-VA Conversion Conversion of Virtual Asset to another Virtual Asset V VVAFP VA-to-Fiat Conversion done within Platform Conversion of Virtual Asset to Fiat Money done within a Platform V VVAFCK VA-to-Fiat Conversion done via Check Conversion of Virtual Asset to Fiat Money through Check V VVAFCC VA-to-Fiat Conversion done via Credit Cards Conversion of Virtual Asset to Fiat Money through Credit Cards V VVAFDC VA-to-Fiat Conversion done via Debit/Prepaid Cards Conversion of Virtual Asset to Fiat Money through Debit/Prepaid Cards V VVAFC VA-to-Fiat Conversion done via OTC Withdrawal Conversion of Virtual Asset to Fiat Money withdrawn OTC V VVAFO VA-to-Fiat Conversion done via Online Bank Transfer Conversion of Virtual Asset to Fiat Money done via Online Bank Transfer V VVAFA VA-to-Fiat Conversion done via ATM Conversion of Virtual Asset to Fiat Money done via ATM V VVAFR VA-to-Fiat Conversion done via Remittance Center Conversion of Virtual Asset to Fiat Money done via Remittance Center V VVAFD VA-to-Fiat Conversion done via Department Store Conversion of Virtual Asset to Fiat Money done via Department Store V VVAFK VA-to-Fiat Conversion done via Kiosk Payment Conversion of Virtual Asset to Fiat Money done via Kiosk Payment V VVAFE VA-to-Fiat Conversion done via Electronic Money Issuer Conversion of Virtual Asset to Fiat Money done via Electronic Money Issuer V VFVAP Fiat-to-VA Conversion done within Platform Conversion of Fiat Money to Virtual Asset done within a platform V VFVACK Fiat-to-VA Conversion done via Check Conversion of Virtual Asset to Fiat Money through Check V VFVACC Fiat-to-VA Conversion done via Credit Cards Conversion of Virtual Asset to Fiat Money through Credit Cards V VFVADC Fiat-to-VA Conversion done via Debit/Prepaid Cards Conversion of Virtual Asset to Fiat Money through Debit/Prepaid Cards V VFVAC Fiat-to-VA Conversion done via OTC Bank Deposit Conversion of Fiat Money to Virtual Asset via OTC in the Bank V VFVAO Fiat-to-VA Conversion done via Online Bank Transfer Conversion of Fiat Money to Virtual Asset done via Online Bank Transfer V VFVAA Fiat-to-VA Conversion done via ATM/Cash Deposit Machine Conversion of Fiat Money to Virtual Asset done via ATM/Cash Deposit Machine V VFVAR Fiat-to-VA Conversion done via Remittance Center Conversion of Fiat Money to Virtual Asset done via Remittance Center V VFVAD Fiat-to-VA Conversion done via Department Store Conversion of Fiat Money to Virtual Asset done via Department Store V VFVAK Fiat-to-VA Conversion done via Kiosk Payment Conversion of Fiat Money to Virtual Asset done via Kiosk Payment V VFVAE Fiat-to-VA Conversion done via Electronic Money Issuer Conversion of Fiat Money to Virtual Asset done via Electronic Money Issuer Z ZSTR STR transactions STR filed on the basis of suspicious trigger (ex. subject of news report, qualified theft, etc.) even if the subject has no monetary transaction with the covered person at the time the suspicious activity was determined Z ZSTRA STR Transactions STR to be filed for attempted transactions STRA STR-Per Account To report an account deemed suspicious GROUP LEGEND: C Current Acct./Savings Acct.; D Time Deposit; F Foreign Exchange; I Trade; K Credit Cards; L Loans. N Insurance; R Remittance; S Securities; T Treasury; U Trust/Investment Mgmt. Acct./Custodianship; O Others (Dealers Precious Stones and Metals/DNFBPs, etc.); Virtual Asset/Currencies. Currency Codes Description Code Afghani AFN Algerian Dinar DZD Argentine Peso ARS Armenian Dram AMD Aruban Florin AWG Australian Dollar AUD Azerbaijan Manat AZN Bahamian Dollar BSD Bahraini Dinar BHD Baht THB Balboa PAB Barbados Dollar BBD Belarusian Ruble BYN Belize Dollar BZD Bermudian Dollar BMD Bolvar Soberano VES Boliviano BOB Brazilian Real BRL Brunei Dollar BND Bulgarian Lev BGN Burundi Franc BIF Cabo Verde Escudo CVE Canadian Dollar CAD Cayman Islands Dollar KYD Chilean Peso CLP Colombian Peso COP Comorian Franc KMF Congolese Franc CDF Convertible Mark BAM Cordoba Oro NIO Costa Rican Colon CRC Cuban Peso CUP Czech Koruna CZK Dalasi GMD Danish Krone DKK Denar MKD Djibouti Franc DJF Dobra STN Dominican Peso DOP Dong VND East Caribbean Dollar XCD Egyptian Pound EGP El Salvador Colon SVC Ethiopian Birr ETB Euro EUR Falkland Islands Pound FKP Fiji Dollar FJD Forint HUF Ghana Cedi GHS Gibraltar Pound GIP Gourde HTG Guarani PYG Guinean Franc GNF Guyana Dollar GYD Hong Kong Dollar HKD Hryvnia UAH Iceland Krona ISK Indian Rupee INR Iranian Rial IRR Iraqi Dinar IQD Jamaican Dollar JMD Jordanian Dinar JOD Kenyan Shilling KES Kina PGK Kuna HRK Kuwaiti Dinar KWD Kwanza AOA Kyat MMK Lao Kip LAK Lari GEL Lebanese Pound LBP Lek ALL Lempira HNL Leone SLL Liberian Dollar LRD Libyan Dinar LYD Lilangeni SZL Loti LSL Malagasy Ariary MGA Malawi Kwacha MWK Malaysian Ringgit MYR Mauritius Rupee MUR Mexican Peso MXN Moldovan Leu MDL Moroccan Dirham MAD Mozambique Metical MZN Mvdol BOV Naira NGN Nakfa ERN Namibia Dollar NAD Nepalese Rupee NPR Netherlands Antillean Guilder ANG New Israeli Sheqel ILS New Taiwan Dollar TWD New Zealand Dollar NZD Ngultrum BTN North Korean Won KPW Norwegian Krone NOK Ouguiya MRU Pa'anga TOP Pakistan Rupee PKR Pataca MOP Peso Uruguayo UYU Philippine Peso PHP Pound Sterling GBP Pula BWP Qatari Rial QAR Quetzal GTQ Rand ZAR Rial Omani OMR Riel KHR Romanian Leu RON Rufiyaa MVR Rupiah IDR Russian Ruble RUB Rwanda Franc RWF Saint Helena Pound SHP Saudi Riyal SAR Serbian Dinar RSD Seychelles Rupee SCR Singapore Dollar SGD Sol PEN Solomon Islands Dollar SBD Som KGS Somali Shilling SOS Somoni TIS South Sudanese Pound SSP Sri Lanka Rupee LKR Sucre XSU Sudanese Pound SDG Surinam Dollar SRD Swedish Krona SEK Swiss Franc CHF Syrian Pound SYP Taka BDT Tala WST Tanzanian Shilling TZS Tenge KZT Trinidad and Tobago Dollar TTD Tugrik MNT Tunisian Dinar TND Turkish Lira TRY Turkmenistan New Manat TMT UAE Dirham AED Uganda Shilling UGX Unidad de Fomento CLF Unidad de Valor Real COU Uruguay Peso en Unidades Indexadas (UI) UYI US Dollar USD Uzbekistan Sum UZS Vatu VUV Won KRW Yemeni Rial YER Yen JPY Yuan Renminbi CNY Zambian Kwacha ZMW Zimbabwe Dollar ZWL Zloty PLN Country Codes Description Code Afghanistan 004 Aland Islands 248 Albania 008 Algeria 012 American Samoa 016 Andorra 020 Angola 024 Anguilla 660 Antarctica 010 Antigua and Barbuda 028 Argentina 032 Armenia 051 Aruba 533 Australia 036 Austria 040 Azerbaijan 031 Bahamas 044 Bahrain 048 Bangladesh 050 Barbados 052 Belarus 112 Belgium 056 Belize 084 Benin 204 Bermuda 060 Bhutan 064 Bolivia 068 Bonaire, Sint Eustatius and Saba 535 Bosnia and Herzegovina 070 Botswana 072 Bouvet Island 074 Brazil 076 British Indian Ocean Territory 086 British Virgin Islands 092 Brunei Darussalam 096 Bulgaria 100 Burkina Faso 854 Burundi 108 Cabo Verde 132 Cambodia 116 Cameroon 120 Canada 124 Cayman Islands 136 Central African Republic 140 Chad 148 Chile 152 China 156 Christmas Island 162 Cocos (Keeling) Islands 166 Colombia 170 Comoros 174 Congo (Brazzaville) 178 Congo, (Kinshasa) 180 Cook Islands 184 Costa Rica 188 Cte d'Ivoire 384 Croatia 191 Cuba 192 Curaao 531 Cyprus 196 Czech Republic 203 Denmark 208 Djibouti 262 Dominica 212 Dominican Republic 214 Ecuador 218 Egypt 818 El Salvador 222 Equatorial Guinea 226 Eritrea 232 Estonia 233 Eswatini 748 Ethiopia 231 Falkland Islands (Malvinas) 238 Faroe Islands 234 Fiji 242 Finland 246 France 250 French Guiana 254 French Polynesia 258 French Southern Territories 260 Gabon 266 Gambia 270 Georgia 268 Germany 276 Ghana 288 Gibraltar 292 Greece 300 Greenland 304 Grenada 308 Guadeloupe 312 Guam 316 Guatemala 320 Guernsey 831 Guinea 324 Guinea-Bissau 624 Guyana 328 Haiti 332 Heard and Mcdonald Islands 334 Holy See (Vatican City State) 336 Honduras 340 Hong Kong, SAR China 344 Hungary 348 Iceland 352 India 356 Indonesia 360 Iran, Islamic Republic of 364 Iraq 368 Ireland 372 Isle of Man 833 Israel 376 Italy 380 Jamaica 388 Japan 392 Jersey 832 Jordan 400 Kazakhstan 398 Kenya 404 Kiribati 296 Korea (North) 408 Korea (South) 410 Kuwait 414 Kyrgyzstan 417 Lao PDR 418 Latvia 428 Lebanon 422 Lesotho 426 Liberia 430 Libya 434 Liechtenstein 438 Lithuania 440 Luxembourg 442 Macao, SAR China 446 Macedonia, Republic of 807 Madagascar 450 Malawi 454 Malaysia 458 Maldives 462 Mali 466 Malta 470 Marshall Islands 584 Martinique 474 Mauritania 478 Mauritius 480 Mayotte 175 Mexico 484 Micronesia, Federated States of 583 Moldova 498 Monaco 492 Mongolia 496 Montenegro 499 Montserrat 500 Morocco 504 Mozambique 508 Myanmar 104 Namibia 516 Nauru 520 Nepal 524 Netherlands 528 New Caledonia 540 New Zealand 554 Nicaragua 558 Niger 562 Nigeria 566 Niue 570 Norfolk Island 574 Northern Mariana Islands 580 Norway 578 Oman 512 Pakistan 586 Palau 585 Palestinian Territory 275 Panama 591 Papua New Guinea 598 Paraguay 600 Peru 604 Philippines 608 Pitcairn 612 Poland 616 Portugal 620 Puerto Rico 630 Qatar 634 Runion 638 Romania 642 Russian Federation 643 Rwanda 646 Saint Helena 654 Saint Kitts and Nevis 659 Saint Lucia 662 Saint Pierre and Miquelon 666 Saint Vincent and Grenadines 670 Saint-Barthlemy 652 Saint-Martin (French part) 663 Samoa 882 San Marino 674 Sao Tome and Principe 678 Saudi Arabia 682 Senegal 686 Serbia 688 Seychelles 690 Sierra Leone 694 Singapore 702 Sint Maarten (Dutch part) 534 Slovakia 703 Slovenia 705 Solomon Islands 090 Somalia 706 South Africa 710 South Georgia and the South Sandwich Islands 239 South Sudan 728 Spain 724 Sri Lanka 144 Sudan 729 Suriname 740 Svalbard and Jan Mayen Islands 744 Sweden 752 Switzerland 756 Syrian Arab Republic (Syria) 760 Taiwan, Republic of China 158 Tajikistan 762 Tanzania, United Republic of 834 Thailand 764 Timor-Leste 626 Togo 768 Tokelau 772 Tonga 776 Trinidad and Tobago 780 Tunisia 788 Turkey 792 Turkmenistan 795 Turks and Caicos Islands 796 Tuvalu 798 Uganda 800 Ukraine 804 United Arab Emirates 784 United Kingdom 826 United States of America 840 Uruguay 858 US Minor Outlying Islands 581 Uzbekistan 860 Vanuatu 548 Venezuela (Bolivarian Republic) 862 Viet Nam 704 Virgin Islands, US 850 Wallis and Futuna Islands 876 Western Sahara 732 Yemen 887 Zambia 894 Zimbabwe 716 OTHER COUNTRIES 999 ANNEX C Mandatory Fields ANNEX D Examples of Alerts and Red Flags I. Predicate Offense/Unlawful Activity A. Corruption Related 2 1. Client has significant holdings in bank time deposits and other high-yielding products such as shares and investments portfolios in another country. 2. Account shows high-volume account activity involving significant cash transactions. 3. Client conducts transactions through a professional facilitator for no apparent commercial or other reason. 4. Client is associated with, or undertakes transactions involving, large unexplained amounts of money. 5. Client is unable or reluctant to provide details or credible explanations for establishing a business relationship, opening an account or conducting transactions. 6. Client uses legal entity structures to undertake transactions for no apparent commercial or other reason. 7. Client uses multiple bank accounts for no apparent commercial or other reason. 8. Personal and business transactions are difficult to distinguish and are mingled either in personal or payroll accounts. B. Cross Border investment fraud involving boiler room operations, recovery room, and advance fee fraud 3 1. Accountholders or clients are individuals or entities, which have just been registered with SEC or DTI. There may be a common signatory for the accounts opened. Normally, the signatory is not an incorporator. In some instances, the individuals opening the account present themselves as owners of a domestic company, branch head or consultant of a foreign entity. 2. Transactions in the domestic account are mostly inward remittances which are immediately withdrawn in cash or by check issuances to different individuals. Said transactions may also be "wire transferred" to another account in the Philippines or overseas, leaving the account with minimal balance. 3. The remitters are located largely in the United States of America, United Kingdom, Canada, Germany, Singapore, Hong Kong and Indonesia. a. Remitters may be individuals, who are most likely victims of cross border investment fraud. This may be considered as the placement stage of money laundering. b. Beneficiary accounts may be companies/entities, which may be considered perpetrators or their cohorts. Funds remitted could have been received from victims of investment fraud in the foreign jurisdiction and subsequently remitted to the Philippines to layer the funds. 4. An individual or consultancy firm sets-up two or more companies, mainly engaged in trading, retail and call center business. 5. The accounts are usually active for a period of one (1) year. Entities operate within a limited period to avoid detection. Thereafter, a new company with a similar nature of business will emerge. 6. Multiple companies are linked by common addresses and signatories. These companies maintain accounts at different banks to conceal their business activities. 7. Recipients of remittances are individuals or companies having common counterparties or remitters. C. Drug related transactions 1. Account Holders that send and receive funds to person/s or entities subject of F.O. 2. Forex, Remittance with substantial transactions but are not registered with AMLC. 3. Recipient of funds located in an area but received funds from different places in the Philippines where the nature of the business makes the business relationship unlikely; i.e. , X Trading in Binondo engaged in electronics business received funds from towns in Mindanao, Visayas and the remitter has no declared business. 4. Persons using other names/alias/A.K.A. 5. Persons using different IDs with inconsistent information such as: names, birth date, address. 6. The recipient of large amount of funds are students/minors. 7. Transactions of arrested suspects/accused while in prison or after their arrest. 8. Sudden closure of bank accounts after being a subject of an adverse media expose. D. Cash Deposits/Ponzi Scheme/Pyramiding 1. Cash deposits coming from various branches located not within or outside the geographical area of the depository branch where depositor lives or works. 2. Accumulating large cash deposits during a week or a month and withdrawing said aggregated deposits in a day leaving minimal balance, as if the savings account is merely used as a conduit and for long-term savings (siphoning). E. Usage of transit accounts (mule accounts) with large, rapid movement of funds 4 1. Funds were actively transferred in and out of the account on the same day or within a short period of time with no absolute reason. 2. Immediate withdrawals upon receiving large amount of funds. F. Unverified banking accounts/transactions 5 1. Return of customer "Thank You" letter. 2. Abnormal deposits and withdrawals which are deemed inconsistent with the profile of the customer. 3. Large number of transactions conducted near border towns, ports and high risk areas where smuggling activities are rampant. 4. Large amounts of funds transferred into unverified third parties accounts located overseas on a frequent basis. G. Terrorist Financing 6 A. Entities Details match those on sanctions lists Small broker/intermediary; activity does not match business profile Commercial entity acts as money-remittance business B. Goods: Dual-use or proliferation-sensitive C. Cash: Used for industrial transactions D. Consignee: Freight-forwarding company or bank E. Documents: False or altered (shipping, license, end-user certificate); innocuous descriptions of goods or materials F. Suspicious Indicators/Circumstances for Terrorist Financing under Rule 3.a.15 of the IRRs of the TF Suppression Act Remittance in structured amounts to high-risk location for terrorism. II. Examples of Suspicious Indicators 7 Common Indicators: The following are examples of common indicators that may point to a suspicious transaction, whether completed or attempted. This list of examples is provided for guidance only and is neither mandatory nor exhaustive. A. General Areas of Suspicion Customer admits to or makes statements about involvement in criminal activities. You are aware that a customer is the subject of a criminal investigation. Customer does not want correspondence sent to residential address. Customer appears to have accounts with several financial institutions in one area for no apparent reason. Customer conducts transactions at different physical locations in an apparent attempt to avoid detection. Customer repeatedly uses an address but frequently changes the names involved. Customer is accompanied and watched. Significant and/or frequent transactions in contrast to known or expected business activity(ies). Significant and/or frequent transactions in contrast to known employment status. Ambiguous or inconsistent explanations as to the source and/or purpose of funds. Where relevant, money presented in unusual condition, for example, damp, odorous, or coated with substance. Where relevant, nervous or uncooperative behavior exhibited by employees and/or customers. Customer shows uncommon curiosity about internal systems, controls, and policies. Customer has only vague knowledge of the amount of a deposit. Customer presents confusing details about the transaction or knows few details about its purpose. Customer appears to informally record large-volume transactions, using unconventional bookkeeping methods or "off-the-record" books. Customer over-justifies or -explains the transaction. Customer is secretive and reluctant to meet in person. Customer is nervous, not in keeping with the transaction. Customer is involved in transactions that are suspicious but seems blind to being involved in money-laundering activities. Customer's home or business telephone number has been disconnected, or there is no such number when an attempt is made to contact the customer shortly after opening the account. Normal attempts to verify the background of a new or prospective customer are difficult. Customer appears to be acting on behalf of a third party but does not inform the credit institution staff. Customer is involved in activity(ies) out of keeping for that individual or business. Customer insists that a transaction be done quickly. Inconsistencies appear in the customer's presentation of the transaction. Transaction does not appear to make sense or is out of keeping with usual or expected activity for the customer. Customer appears to have recently established a series of new relationships with different financial entities. Customer attempts to develop close rapport with the staff. Customer uses aliases and a variety of similar but different addresses. Customer spells his or her name differently from one transaction to another. Customer uses a post office box or general delivery address, or other type of mail drop address, instead of a street address when this is not the norm for the area concerned. Customer provides false information or information that the staff of the bank or the financial institution believe is unreliable. Customer offers money, gratuities, or unusual favors to the credit institution staff for the provision of services that may appear unusual or suspicious. Customer pays for services or products via financial instruments, such as money orders or traveler's checks, without relevant entries on the instrument or with unusual symbols, stamps, or notes. The bank or the financial institution is aware that a customer is the subject of a money laundering or terrorist financing investigation. The bank or the financial institution is aware, or becomes aware, from a reliable source (that can include media or other open sources) that a customer is suspected of being involved in illegal activity(ies). A new or prospective customer is known as having a questionable legal reputation or criminal background. Transaction involves a suspected shell entity ( i.e. , a corporation that has no assets, operations, or other reasons to exist). B. Knowledge of reporting or record-keeping requirements Customer attempts to convince employee not to complete any documentation required for the transaction. Customer makes inquiries that would indicate a desire to avoid reporting. Customer has unusual knowledge of the law in relation to suspicious transaction reporting. Customer seems very conversant with money laundering or terrorist activity financing issues. Customer is quick to volunteer that funds are "clean" or are "not being laundered." Customer appears to be structuring amounts to avoid record keeping, customer identification, or reporting thresholds. Customer appears to be collaborating with others to avoid record keeping, customer identification, or reporting thresholds. Customer performs two or more cash transactions of less than the thresholds specified seemingly to avoid the reporting requirement. C. Identity Documents Customer provides doubtful or vague information. Customer produces seemingly false identification or identification that appears to be counterfeited, altered, or inaccurate. Customer refuses to produce personal identification documents. Customer only presents copies rather than originals. Customer uses foreign, unverifiable identity documents. Customer wants to establish identity using something other than his or her personal identification documents. Customer's supporting documentation lacks important details, such as a telephone number. Customer inordinately delays presenting corporate documents. All identification presented pertains to foreign countries or cannot be checked for some reason. All identification documents presented appear new or have recent issue dates. Customer presents different identification documents at different times. Customer alters the transaction after being asked for identity documents. Customer presents different identification documents each time a transaction is conducted. D. Cash Transactions Customer starts conducting frequent cash transactions in large amounts when this has not been a normal activity for the customer in the past. Customer frequently exchanges small bills for large ones. Customer uses notes in denominations that are unusual for the customer, when the normal practice in that business is different. Customer presents notes that are packed or wrapped in a way that is uncommon for the customer. Customer deposits musty or extremely dirty bills. Customer consistently makes cash transactions that are significantly below the reporting threshold amount in an apparent attempt to avoid triggering the identification and reporting requirements. Customer presents uncounted funds for a transaction. Upon counting, the customer reduces the transaction to an amount just below that which could trigger reporting requirements. Customer conducts a transaction for an amount that is unusual compared with amounts of past transactions. Customer frequently purchases traveler's checks, foreign currency drafts, or other negotiable instruments with cash when this appears to be outside of normal activity for the customer. Customer asks a clerk at the credit institution to hold or transmit large sums of money or other assets when this type of activity is unusual for the customer. Shared address for individuals involved in cash transactions, particularly when the address is also for a business location, or does not seem to correspond to the stated occupation ( i.e. , student, unemployed, self-employed, etc.). Stated occupation of the customer is not in keeping with the level or type of activity(ies) ( e.g. , a student or an unemployed individual makes daily maximum cash withdrawals at multiple locations over a wide geographic area). Cash is transported by a cash courier. Large transactions using a variety of denominations. E. Economic Purpose Transaction seems to be inconsistent with the customer's apparent financial standing or the usual pattern of activities. Transaction appears to be out of the normal course for industry practice or does not appear to be economically viable for the customer. Transaction is unnecessarily complex for its stated purpose. Activity is inconsistent with what would be expected from declared business. A business customer refuses to provide information to qualify for a business discount. No business explanation for size of transactions or cash volumes. Transactions or financial connections between businesses that are not usually connected ( e.g. , a food importer dealing with an automobile parts exporter). Transaction involves nonprofit or charitable organization(s) for which there appears to be no logical economic purpose or where there appears to be no link between the stated activity(ies) of the organization and the other parties in the transaction. F. Transactions involving accounts Opening accounts when the customer's address is outside the local service area. Opening accounts in other people's names. Opening accounts with names very close to other established business entities. Attempting to open or operate accounts under a false name. Account with a large number of small cash deposits and a small number of large cash withdrawals. Funds are being deposited into several accounts, consolidated into one, and transferred outside the country. Customer frequently uses many deposit locations outside of the home branch location. Multiple transactions are carried out on the same day at the same branch but with an apparent attempt to use different tellers. Activity far exceeds activity projected at the time of opening of the account. Establishment of multiple accounts, some of which appear to remain dormant for extended periods. Account that was reactivated from inactive or dormant status suddenly sees significant activity. Reactivated dormant account containing a minimal amount suddenly receives a deposit or series of deposits followed by frequent cash withdrawals until the transferred sum has been removed. Unexplained transfers between the customer's products and accounts. Large transfers from one account to other accounts that appear to be pooling money from different sources. Multiple deposits are made to a customer's account by third parties. Deposits or withdrawals of multiple monetary instruments, particularly if the instruments are sequentially numbered. Frequent deposits of bearer instruments ( e.g. , checks, money orders, or bearer bonds) in amounts just below the threshold amount. Unusually large cash deposits by a customer with personal or business links to an area associated with drug trafficking. Regular return of checks for insufficient funds. Correspondent accounts being used as "pass-through" points from foreign jurisdictions with subsequent outgoing funds to another foreign jurisdiction. Multiple personal and business accounts are used to collect and then funnel funds to a small number of foreign beneficiaries, particularly when they are in locations of concern, such as countries known or suspected to facilitate money-laundering activities. G. Transactions involving areas outside the country Customer and other parties to the transaction have no apparent ties to the country. Transaction crosses many international lines. Use of a credit card issued by a foreign bank that does not operate domestically by a customer who does not live and work in the country of issue. Cash volumes and international remittances in excess of average income for migrant worker customers. Transactions involving high volume international transfers to third-party accounts in countries that are not usual remittance corridors. Transaction involves a country known for highly secretive banking and corporate law(s). Foreign currency exchanges that are associated with subsequent wire transfers to locations of concern, such as countries known or suspected to facilitate money-laundering activities. Deposits followed within a short time by wire transfer of funds to or through locations of concern, such as countries known or suspected to facilitate money-laundering activities. Transaction involves a country where illicit drug production or exporting may be prevalent, or where there is no effective anti-money laundering system. Transaction involves a country known or suspected to facilitate money-laundering activities. H. Transactions related to offshore business activity Any bank or financial institution that conducts transactions internationally should consider the following indicators: Accumulation of large balances, inconsistent with the known turnover of the customer's business, and subsequent transfers to overseas account(s). Frequent requests for traveler's checks, foreign currency drafts, or other negotiable instruments. Loans secured by obligations from offshore banks. Loans to or from offshore companies. Offers of multimillion-dollar deposits from a confidential source to be sent from an offshore bank or somehow guaranteed by an offshore bank. Transactions involving an offshore "shell" bank whose name may be very similar to the name of a major legitimate institution. Unexplained electronic funds transfers by customer on an in-and-out basis. Use of letter of credit and other methods of trade financing to move money between countries when such trade is inconsistent with the customer's business. Use of a credit card issued by an offshore bank. I. Personal Transactions Customer appears to have accounts with several financial institutions in one geographic area. Customer has no employment history but makes frequent, large transactions or maintains a large account balance. The flow of income through the account does not match what was expected based on the stated occupation of the account holder or the intended use of the account. Customer makes one or more cash deposits to the general account of a foreign correspondent bank ( i.e. , pass-through account). Customer makes frequent or large payments through online payment services. Customer runs large positive credit card balances. Customer uses cash advances from a credit card account to purchase money orders or drafts or to wire funds to foreign destinations. Customer takes cash advance to deposit into savings or checking account. Large cash payments for outstanding credit card balances. Customer makes credit card overpayment and then requests a cash advance. Customer visits the safety deposit box area immediately before making cash deposits. Customer wishes to have credit and debit cards sent to international or to domestic destinations other than his or her address. Customer has numerous accounts and deposits cash into each of them with the total credits being a large amount. Customer deposits large endorsed checks in the name of a third party. Customer frequently makes deposits to the account of another individual who is not an employee or family member. Customer frequently exchanges currencies. Customer frequently makes automatic banking machine deposits just below the reporting threshold. Customer's access of the safety deposit facilities increases substantially or is unusual in light of their past usage. Many unrelated individuals make payments to one account without any rational explanation. Third parties make cash payments or deposit checks to a customer's credit card. Customer gives power of attorney to a nonrelative to conduct large transactions. Customer has frequent deposits identified as proceeds of asset sales, but the assets cannot be substantiated. Customer acquires significant assets and liquidates them quickly with no explanation. Customer acquires significant assets and encumbers them with security interests that do not make economic sense. Customer requests movement of funds that are uneconomical. High volume of wire transfers are made or received through the account. J. Corporate and business transactions Some businesses may be susceptible to the mixing of illicit funds with legitimate income. This is a very common method of money laundering. These businesses include those that conduct a significant part of their business in cash, such as restaurants, bars, parking lots, convenience stores, and vending machine companies. On opening accounts with the various businesses in its area, a financial institution would likely be aware of those that are mainly cash based. Unusual or unexplained increases in cash deposits made by those entities may be indicative of suspicious activity(ies). Accounts are used to receive or disburse large sums but show virtually no normal business-related activities such as the payment of payrolls, invoices, etc. Accounts have a large volume of deposits in bank drafts, cashier's checks, money orders, or electronic funds transfers, which is inconsistent with the customer's business. Accounts have deposits in combinations of monetary instruments that are atypical of legitimate business activity(ies) ( e.g. , deposits that include a mix of business, payroll, and social security checks). Accounts have deposits in combinations of cash and monetary instruments not normally associated with business activity(ies). Business does not want to provide complete information regarding its activities. Financial statements of the business differ noticeably from those of similar businesses. Representatives of the business avoid contact with the branch as much as possible, even when it would be more convenient for them. Deposits to or withdrawals from a corporate account are primarily in cash rather than in the form of debit and credit normally associated with commercial operations. Customer maintains a number of trustee or customer accounts that are not consistent with that type of business or not in keeping with normal industry practices. Customer operates a retail business providing check-cashing services but does not make large withdrawals of cash against checks deposited. Customer pays in cash or deposits cash to cover bank drafts, money transfers, or other negotiable and marketable money instruments. Customer purchases cashier's checks and money orders with large amounts of cash. Customer deposits large amounts of currency wrapped in currency straps. Customer makes a large volume of seemingly unrelated deposits to several accounts and frequently transfers a major portion of the balances to a single account at the same bank or elsewhere. Customer makes a large volume of cash deposits from a business that is not normally cash-intensive. Customer makes large cash withdrawals from a business account not normally associated with cash transactions. Customer consistently makes immediate large withdrawals from an account that has just received a large and unexpected credit from abroad. Customer makes a single and substantial cash deposit composed of many large bills. Small, single location business makes deposits on the same day at different branches across a broad geographic area that does not appear practical for the business. There is a substantial increase in deposits of cash or negotiable instruments by a company offering professional advisory services, especially if the deposits are promptly transferred. There is a sudden change in cash transactions or patterns. Customer wishes to have credit and debit cards sent to international or domestic destinations other than his or her place of business. There is a marked increase in transaction volume in an account with significant changes in an account balance that is inconsistent with or not in keeping with normal business practices of the customer's account. Asset acquisition is accompanied by security arrangements that are not consistent with normal practice. Unexplained transactions are repeated between personal and commercial accounts. Activity is inconsistent with stated business. Account has close connections with other business accounts without any apparent reason for the connection. Activity suggests that transactions may offend securities regulations or the business prospectus is not in tune with the requirements. A large number of incoming and outgoing wire transfers take place for which there appears to be no logical business or other economic purpose, particularly when this is through or from locations of concern, such as countries known or suspected to facilitate money laundering activities. K. Transactions for nonprofit organizations (including registered charities) Inconsistencies between apparent modest sources of funds of the organization ( e.g. , communities with modest standard of living) and large amounts of funds raised. Inconsistencies between the pattern or size of financial transactions and the stated purpose and activity of the organization. Sudden increase in the frequency and amounts of financial transactions for the organization, or the inverse, that is, the organization seems to hold funds in its account for a very long period. Large and unexplained cash transactions by the organization. Absence of contributions from donors located in the country. Organization's directors are outside the country, particularly if large outgoing transactions are made to the country of origin of the directors and especially if that country is a high-risk jurisdiction. Large number of nonprofit organizations with unexplained links. Nonprofit organization appears to have little or no staff, no suitable offices, or no telephone number, which is incompatible with their stated purpose and financial flows. Nonprofit organization has operations in, or conducts transactions to or from, high-risk jurisdictions. L. Wire and funds transfer activities Customer is reluctant to give an explanation for the remittance. Customer orders wire transfers in small amounts in an apparent effort to avoid triggering identification or reporting requirements. Customer receives large sums of money from an overseas location and the transfers include regulations for payment in cash. Customer makes frequent or large funds transfers for individuals or entities who have no account relationship with the institution. Customer receives frequent funds transfers from individuals or entities who have no account relationship with the institution. Customer receives funds transfers and immediately purchases monetary instruments prepared for payment to a third party, which is inconsistent with or is outside the normal course of business of the customer. Customer requests payment in cash immediately upon receipt of a large funds transfer. Customer instructs the bank or the financial institution to transfer funds abroad and to expect an equal incoming transfer. Immediately after transferred funds have cleared, the customer moves the funds to another account or to another individual or entity. Customer shows unusual interest in funds transfer systems and questions the limit of what amount can be transferred. Customer transfers funds to another country without changing the currency. Large incoming wire transfers from foreign jurisdictions are removed immediately by company principals. Customer sends frequent wire transfers to foreign countries but does not seem to have connection to such countries. Wire transfers are received from entities having no apparent business connection with the customer. Size of funds transfers is inconsistent with normal business transactions for that customer. Rising volume of remittances exceeds what was expected from the customer when the relationship was established. Several customers request transfers either on the same day or over a period of 2-3 days to the same recipient. Different customers request transfers that are all paid for by the same customer. Several customers requesting transfers share common identifiers, such as family name, address, or telephone number. Several different customers send transfers that are similar in amounts, sender names, test questions, free message text, and destination country. Customer sends or receives multiple transfers to or from the same individual. Stated occupation of the customer or the customer's financial standing is not in keeping with the level or type of activity(ies) ( e.g. , a student or an unemployed individual who receives or sends large numbers of wire transfers). Migrant remittances made outside the usual remittance corridors. Personal funds sent at a time not associated with salary payments. Country of destination for a wire transfer is not consistent with the nationality of the individual customer. Customer requests transfers to a large number of recipients outside the country who do not appear to be family members. Customer does not appear to know the recipient to whom he or she is sending the transfer. Customer does not appear to know the sender of the transfer from whom the transfer was received. Beneficiaries of wire transfers involve a large group of nationals of countries associated with terrorist activity. Customer makes funds transfers to other businesses abroad that are not in line with the customer's business. Customer conducts transactions involving countries known as narcotic source countries or as transshipment points for narcotics, or that are known for highly secretive banking and corporate law practices. M. Suspicious indicators related to lending Customer suddenly repays a problem loan unexpectedly. Customer makes a large, unexpected loan payment with unknown source of funds, or a source of funds that does not match the credit institution's knowledge about the customer. Customer repays a long-term loan, such as a mortgage, within a relatively short time period. Source of down payment is inconsistent with borrower's background and income. Down payment appears to be from an unrelated third party. Down payment uses a series of money orders or bank drafts from different financial institutions. Customer shows income from "foreign sources" on loan application without providing further details. Customer's employment documentation lacks important details that would make it difficult for the credit institution to contact or locate the employer. Customer's documentation to ascertain identification, support income, or verify employment is provided by an intermediary who has no apparent reason to be involved. Customer has loans with offshore institutions or companies that are outside the ordinary course of business of the customer. Customer offers the credit institution large dollar deposits or some other form of incentive in return for favorable treatment of loan request. Customer asks to borrow against assets held by another financial institution or a third party, when the origin of the assets is not known. Loan transaction does not make economic sense ( e.g. , the customer has significant assets, and there does not appear to be a sound business reason for the transaction). Customer seems unconcerned with terms of credit or costs associated with completion of a loan transaction. Customer applies for loans on the strength of a financial statement reflecting major investments in or income from businesses incorporated in countries known for highly secretive banking and corporate law(s) and the application is outside the ordinary course of business of the customer. Down payment or other loan payments are made by a party who is not a relative of the customer. Reluctance to use favorable facilities, for example, avoiding high interest rate facilities for large balances. Substantial increases in deposits of cash or negotiable instruments by a professional firm or company, using customer accounts, in-house company, or trust accounts, especially if the deposits are promptly transferred between other customer companies and trust accounts. Frequent and/or unscheduled cash deposits to loan accounts. Frequent deposits of winning gambling checks followed by immediate withdrawal or transfer of funds. Children's accounts being used for the benefit of parents and/or guardians. N. Life insurance companies, brokers, and agents Client wants to use cash for a large transaction. Client proposes to purchase an insurance product using a check drawn on an account other than his or her personal account. Client requests an insurance product that has no discernible purpose and is reluctant to divulge the reason for the investment. Client who has other small policies or transactions based on a regular payment structure makes a sudden request to purchase a substantial policy with a lump-sum payment. Client conducts a transaction that results in a conspicuous increase in investment contributions. Scale of investment in insurance products is inconsistent with the client's economic profile. Unanticipated and inconsistent modification of client's contractual conditions, including significant or regular premium top-ups. Unforeseen deposit of funds or abrupt withdrawal of funds. Involvement of one or more third parties in paying the premiums or in any other matters involving the policy. Overpayment of a policy premium with a subsequent request to refund the surplus to a third party. Funds used to pay policy premiums or deposits originate from different sources. Use of life insurance product in a way that resembles the use of a bank account, such as making additional premium payments and frequent partial redemptions. Client cancels investment or insurance soon after purchase. Early redemption takes place in the absence of a reasonable explanation or in a significantly uneconomic manner. Client shows more interest in the cancellation or surrender of an insurance contract than in the long-term results of investments or the costs associated with termination of the contract. Client makes payments with small denomination notes, uncommonly wrapped, with postal money orders or with similar means of payment. Duration of the life insurance contract is less than 3 years. First (or single) premium is paid from a bank account outside the country. Client accepts very unfavorable conditions unrelated to his or her health or age. Transaction involves use and payment of a performance bond resulting in a cross-border payment. Repeated and unexplained changes in beneficiary. Relationship between the policy holder and the beneficiary is not clearly established. O. Securities Firm Accounts that have been inactive suddenly receive large deposits that are inconsistent with the normal investment practice of the client or their financial ability. Any dealing with a third party when the identity of the beneficiary or counterparty is undisclosed. Client attempts to purchase investments with cash. Client wishes to purchase a number of investments with money orders, traveler's checks, cashier's checks, bank drafts, or other bank instruments, where the transaction is inconsistent with the normal investment practice of the client or their financial ability. Client uses securities or futures brokerage firm as a place to hold funds that are not being used in trading of securities or futures for an extended period of time, and such activity is inconsistent with the normal investment practice of the client or their financial ability. Client wishes monies received through the sale of shares to be deposited into a bank account rather than a trading or brokerage account, which is inconsistent with the normal practice of the client. Client frequently makes large investments in stocks, bonds, investment trusts, or other securities in cash or by check within a short time period, inconsistent with the normal practice of the client. Client makes large or unusual settlements of securities in cash. The entry of matching buying and selling of particular securities or futures contracts (called match trading), creating the illusion of trading. Transfers of funds or securities between accounts not known to be related to the client. Several clients open accounts within a short period of time to trade the same stock. Unrelated clients redirect funds toward the same account. Trades conducted by entities that you know have been named or sanctioned by regulators in the past for irregular or inappropriate trading activity(ies). Client is willing to deposit or invest at rates that are not advantageous or competitive. Client attempts to purchase investments with instruments in the name of a third party. Third-party purchases of shares in other names ( i.e. , nominee accounts). Transactions in which clients make settlements with checks drawn by third parties or remittances from third parties. Proposed transactions are to be funded by international wire payments, particularly if from countries where there is no effective anti-money laundering system. P. Virtual Asset Service Providers 8 i. Size and frequency of transactions Making multiple high-value transactions o in short succession, such as within a 24-hour period; o in a staggered and regular pattern, with no further transactions recorded during a long period afterwards, which is particularly common in ransomware-related cases; or o to a newly created or to a previously inactive account. Transferring VAs immediately to multiple VASPs, especially to VASPs registered or operated in another jurisdiction where o there is no relation to where the customer lives or conducts business; or there is non-existent or weak AML/CFT regulation. Depositing VAs at an exchange and then often immediately o withdrawing the VAs without additional exchange activity to other VAs, which is an unnecessary step and incurs transaction fees; o converting the VAs to multiple types of VAs, again incurring additional transaction fees, but without logical business explanation ( e.g. , portfolio diversification); or o withdrawing the VAs from a VASP immediately to a private wallet. This effectively turns the exchange/VASP into an ML mixer. Accepting funds suspected as stolen or fraudulent o depositing funds from VA addresses that have been identified as holding stolen funds, or VA addresses linked to the holders of stolen funds. ii. Transactions concerning new users Conducting a large initial deposit to open a new relationship with a VASP, while the amount funded is inconsistent with the customer profile. Conducting a large initial deposit to open a new relationship with a VASP and funding the entire deposit the first day it is opened, and that the customer starts to trade the total amount or a large portion of the amount on that same day or the day after, or if the customer withdraws the whole amount the day after. As most VAs have a transactional limit for deposits, laundering in large amounts could also be done through over-the-counter-trading. A new user attempts to trade the entire balance of VAs, or withdraws the VAs and attempts to send the entire balance off the platform. iii. Transactions concerning all users Transactions involving the use of multiple VAs, or multiple accounts, with no logical business explanation. Making frequent transfers in a certain period of time ( e.g. , a day, a week, a month, etc.) to the same VA account o by more than one person; o from the same IP address by one or more persons; or o concerning large amounts. Incoming transactions from many unrelated wallets in relatively small amounts (accumulation of funds) with subsequent transfer to another wallet or full exchange for fiat currency. Such transactions by a number of related accumulating accounts may initially use VAs instead of fiat currency. Conducting VA-fiat currency exchange at a potential loss ( e.g. , when the value of VA is fluctuating, or regardless of abnormally high commission fees as compared to industry standards, and especially when the transactions have no logical business explanation). Converting a large amount of fiat currency into VAs, or a large amount of one type of VA into other types of VAs, with no logical business explanation. iv. Related to Anonymity Transactions by a customer involving more than one type of VA, despite additional transaction fees, and especially those VAs that provide higher anonymity, such as anonymity-enhanced cryptocurrency (AEC) or privacy coins. Moving a VA that operates on a public, transparent blockchain, such as Bitcoin, to a centralised exchange and then immediately trading it for an AEC or privacy coin. Customers that operate as an unregistered/unlicensed VASP on peer-to-peer (P2P) exchange websites, particularly when there are concerns that the customers handle huge amount of VA transfers on its customer's behalf, and charge higher fees to its customer than transmission services offered by other exchanges. Use of bank accounts to facilitate these P2P transactions. Abnormal transactional activity (level and volume) of VAs cashed out at exchanges from P2P platform-associated wallets with no logical business explanation. VAs transferred to or from wallets that show previous patterns of activity associated with the use of VASPs that operate mixing or tumbling services or P2P platforms. Transactions making use of mixing and tumbling services, suggesting an intent to obscure the flow of illicit funds between known wallet addresses and darknet marketplaces. Funds deposited or withdrawn from a VA address or wallet with direct and indirect exposure links to known suspicious sources, including darknet marketplaces, mixing/tumbling services, questionable gambling sites, illegal activities ( e.g. , ransomware) and/or theft reports. The use of decentralised/unhosted, hardware or paper wallets to transport VAs across borders. Users entering the VASP platform having registered their Internet domain names through proxies or using domain name registrars (DNS) that suppress or redact the owners of the domain names. Users entering the VASP platform using an IP address associated with a darknet or other similar software that allows anonymous communication, including encrypted emails and VPNs. Transactions between partners using various anonymous encrypted communication means ( e.g. , forums, chats, mobile applications, online games, etc.) instead of a VASP. A large number of seemingly unrelated VA wallets controlled from the same IP-address (or MAC-address), which may involve the use of shell wallets registered to different users to conceal their relation to each other. Use of VAs whose design is not adequately documented, or that are linked to possible fraud or other tools aimed at implementing fraudulent schemes, such as Ponzi schemes. Receiving funds from or sending funds to VASPs whose CDD or know-your-customer (KYC) processes are demonstrably weak or non-existent. Using VA ATMs/kiosks or despite the higher transaction fees and including those commonly used by mules or scam victims; or in high-risk locations where increased criminal activities occur. A single use of an ATM/kiosk is not enough in and of itself to constitute a red flag, but would if it was coupled with the machine being in a high-risk area, or was used for repeated small transactions (or other additional factors). v. Irregularities observed during account creation Creating separate accounts under different names to circumvent restrictions on trading or withdrawal limits imposed by VASPs. Transactions initiated from non-trusted IP addresses, IP addresses from sanctioned jurisdictions, or IP addresses previously flagged as suspicious. Trying to open an account frequently within the same VASP from the same IP address. Regarding merchants/corporate users, their Internet domain registrations are in a different jurisdiction than their jurisdiction of establishment or in a jurisdiction with a weak process for domain registration. vi. Irregularities observed during CDD process Incomplete or insufficient KYC information, or a customer declines requests for KYC documents or inquiries regarding source of funds. Sender/recipient lacking knowledge or providing inaccurate information about the transaction, the source of funds, or the relationship with the counterparty. Customer has provided forged documents or has edited photographs and/or identification documents as part of the on-boarding process. vii. Profile A customer provides identification or account credentials ( e.g. , a non-standard IP address, or flash cookies) shared by another account. Discrepancies arise between IP addresses associated with the customer's profile and the IP addresses from which transactions are being initiated. A customer's VA address appears on public forums associated with illegal activity. A customer is known via publicly available information to law enforcement due to previous criminal association. viii. Profile of potential money mule or scam victims Sender does not appear to be familiar with VA technology or online custodial wallet solutions. Such persons could be money mules recruited by professional money launderers, or scam victims turned mules who are deceived into transferring illicit proceeds without knowledge of their origins. A customer significantly older than the average age of platform users opens an account and engages in large numbers of transactions, suggesting their potential role as a VA money mule or a victim of elder financial exploitation. A customer being a financially vulnerable person, who is often used by drug dealers to assist them in their trafficking business. Customer purchases large amounts of VA not substantiated by available wealth or consistent with his or her historical financial profile, which may indicate money laundering, a money mule, or a scam victim. ix. Other unusual behavior A customer frequently changes his or her identification information, including email addresses, IP addresses, or financial information, which may also indicate account takeover against a customer. A customer tries to enter into one or more VASPs from different IP addresses frequently over the course of a day. Use of language in VA message fields indicative of the transactions being conducted in support of illicit activity or in the purchase of illicit goods, such as drugs or stolen credit card information. A customer repeatedly conducts transactions with a subset of individuals at significant profit or loss. This could indicate potential account takeover and attempted extraction of victim balances via trade, or ML scheme to obfuscate funds flow with a VASP infrastructure. x. Source of Funds or Wealth Transacting with VA addresses or bank cards that are connected to known fraud, extortion, or ransomware schemes, sanctioned addresses, darknet marketplaces, or other illicit websites. VA transactions originating from or destined to online gambling services. The use of one or multiple credit and/or debit cards that are linked to a VA wallet to withdraw large amounts of fiat currency (crypto-to-plastic), or funds for purchasing VAs are sourced from cash deposits into credit cards. Lack of transparency or insufficient information on the origin and owners of the funds, such as those involving the use of shell companies or those funds placed in an Initial Coin Offering (ICO) where personal data of investors may not be available or incoming transactions from online payments system through credit/pre-paid cards followed by instant withdrawal. A customer's funds which are sourced directly from third-party mixing services or wallet tumblers. Bulk of a customer's source of wealth is derived from investments in VAs, ICOs, or fraudulent ICOs, etc. A customer's source of wealth is disproportionately drawn from VAs originating from other VASPs that lack AML/CFT controls. xi. Related to Geographical Risks Customer's funds originate from, or are sent to, an exchange that is not registered in the jurisdiction where either the customer or exchange is located. Customer utilises a VA exchange or foreign-located MVTS in a high-risk jurisdiction lacking, or known to have inadequate, AML/CFT regulations for VA entities, including inadequate CDD or KYC measures. Customer sends funds to VASPs operating in jurisdictions that have no VA regulation, or have not implemented AML/CFT controls. Customer sets up offices in or moves offices to jurisdictions that have no regulation or have not implemented regulations governing VAs, or sets up new offices in jurisdictions where there is no clear business rationale to do so. Q. Real Estate Sector 9 i. Natural and legal persons Transactions in which there are signs, or it is certain, that the parties are not acting on their own behalf and are trying to hide the identity of the real customer. Transactions which are begun in one individual's name and finally completed in another's without a logical explanation for the name change. (For example, the sale or change of ownership of the purchase or option to purchase a property which has not yet been handed over to the owner, reservation of properties under construction with a subsequent transfer of the rights to a third party, etc.). Transactions in which the parties: o Do not show particular interest in the characteristics of the property ( e.g. , quality of construction, location, date on which it will be handed over, etc.) which is the object of the transaction. o Do not seem particularly interested in obtaining a better price for the transaction or in improving the payment terms. o Show a strong interest in completing the transaction quickly, without there being good cause. o Show considerable interest in transactions relating to buildings in particular areas, without caring about the price they have to pay. Transactions in which the parties are foreign or non-resident for tax purposes and: o Their only purpose is a capital investment (that is, they do not show any interest in living at the property they are buying, even temporarily, etc.). o They are interested in large-scale operations (for example, to buy large plots on which to build homes, buying complete buildings or setting up businesses relating to leisure activities, etc.). Transactions in which any of the payments are made by a third party, other than the parties involved. Cases where the payment is made by a credit institution registered in the country at the time of signing the property transfer, due to the granting of a mortgage loan, may be excluded. ii. Intermediaries Transactions performed through intermediaries, when they act on behalf of groups of potentially associated individuals (for example, through family or business ties, shared nationality, persons living at the same address, etc.). Transactions carried out through intermediaries acting on behalf of groups of potentially affiliated legal persons (for example, through family ties between their owners or representatives, business links, the fact that the legal entity or its owners or representatives are of the same nationality, that the legal entities or their owners or representatives use the same address, that the entities have a common owner, representative or attorney, or in the case of entities with similar names, etc.). Transactions taking place through intermediaries who are foreign nationals or individuals who are non-resident for tax purposes. iii. Means of payment Transactions involving payments in cash or in negotiable instruments which do not state the true payer (for example, bank drafts), where the accumulated amount is considered to be significant in relation to the total amount of the transaction. Transactions in which the party asks for the payment to be divided in to smaller parts with a short interval between them. Transactions where there are doubts as to the validity of the documents submitted with loan applications. Transactions in which a loan granted, or an attempt was made to obtain a loan, using cash collateral or where this collateral is deposited abroad. Transactions in which payment is made in cash, bank notes, bearer cheques or other anonymous instruments, or where payment is made by endorsing a third-party's cheque. Transactions with funds from countries considered to be tax havens or risk territories, according to anti-money laundering legislation, regardless of whether the customer is resident in the country or territory concerned or not. Transactions in which the buyer takes on debt which is considered significant in relation to the value of the property. iv. Nature of the Transaction Transactions in the form of a private contract, where there is no intention to notarise the contract, or where this intention is expressed, it does not finally take place. Transactions which are not completed in seeming disregard of a contract clause penalising the buyer with loss of the deposit if the sale does not go ahead. Transactions relating to the same property or rights that follow in rapid succession (for example, purchase and immediate sale of property) and which entail a significant increase or decrease in the price compared with the purchase price. Transactions entered into at a value significantly different (much higher or much lower) from the real value of the property or differing markedly from market values. Transactions relating to property development in high-risk urban areas, in the judgement of the company (for example, because there is a high percentage of residents of foreign origin, a new urban development plan has been approved, the number of buildings under construction is high relative to the number of inhabitants, etc.). Recording of the sale of a building plot followed by the recording of the declaration of a completely finished new building at the location at an interval less than the minimum time needed to complete the construction, bearing in mind its characteristics. Recording of the declaration of a completed new building by a non-resident legal person having no permanent domicile indicating that the construction work was completed at its own expense without any subcontracting or supply of materials. Transactions relating to property development in high-risk urban areas based on other variables determined by the institution (for example, because there is a high percentage of residents of foreign origin, a new urban development plan has been approved, the number of buildings under construction is high relative to the number of inhabitants, etc.) ANNEX E Typologies A. Cross-Border Investment Fraud 1. Individuals representing themselves as investment advisors contacted Mr. Cy Toil, an Australian citizen and owner of Eyes Arc Ltd., enticing him to open a trading account with Weasle and Weasle Co., an Australian entity posing as a legitimate investing firm that provides advice and brokerage services for US securities. Mr. Toil acceded and engaged in several non-existent purchase and sale of stocks. In a span of six months, he lost approximately USD1.8 million. Mr. Toil remitted his payments to King Bottom Ltd., an entity based in Hong Kong, which allegedly conducts securities clearing services for Weasle and Weasle Co. Portions of the remittances of Mr. Toil to King Bottom Ltd. were also traced to have been sent to a Philippine SEC-registered entity named Diamond Ring Realty. The funds remitted to Diamond Ring Realty were immediately withdrawn after receipt of the wired funds. Diamond Ring Realty also received funds from various overseas entities tagged in several online forums as involved in boiler room scam. These remittance senders are Galaxy Advisory Co. (Hong Kong); Counter Barter Paint (Macau); Agtra Group (USA); and Southern Money Brokerage (USA). Mr. Toil, through investigations done by his legal counsels, discovered that a significant number of Internet Protocol (IP) addresses used by individuals associated with Weasle and Weasle Co. to open tracked emails from him were traced in a major city in the Philippines. 2. The National Bureau of Investigation (NBI) reported that certain Filipino individuals are creating fictitious web domains and soliciting investments online using fraudulent US Internal Revenue Service (USIRS) and Philippine Government seals and documents. Victims have been advised to transfer purported advance fees and charges to bank account 1 and bank account 2. Bank account 1 is under the account name of ABCD Trading System with address in Cebu City. Transactions in this account are characterized by international remittances (from individuals in the United Kingdom, Australia, Norway and Sweden and an entity in Indonesia) which are immediately withdrawn. One remitter also remitted funds to CD and Associates, USR Trading, XYZ Trading Services which are all based in Cebu; another remitter transferred funds to NL Distribution and Logistics located in Pangasinan. AMLC database showed the same pattern of transactions in the accounts of CD and Associates, USR Trading, XYZ Trading Services and NL Distribution and Logistics as those found in the account of ABCD Trading. A bank has filed an STR on USR because of a complaint from a remitter in China. It was narrated that the complainant remitted money upon advice allegedly by the Department of Treasury Internal Revenue Service for payment of his tax to the account of USR Trading (in connection with the recovery of an earlier investment). B. Use of the Internet and Dummy Corporations for Swindling/Estafa The scheme involves the use of call centers operating in the Philippines for large-scale investment fraud with operations in Country X and the Philippines under various names, such as Birthright Brokers, AA Financial Group, Incorporated and LB Corporation (collectively referred to as "Birthright"). Sales calls were made to elderly victims residing in Country X to sell fraudulent certificates of deposits (CDs) and describe these CDs as investment vehicles insured by the government of Country X. Victims are convinced to invest in the CDs and make payments through the issuance of personal checks. Thereafter, the victims receive fraudulent monthly account statements concerning their investments by mail. None of the funds invested nor any of the promised interests have ever been returned or paid to the victims. The operators of the call centers allegedly used false names and business addresses in brochures, business cards and marketing materials sent to the victims. The operators also disguised their true location and names when making telephone calls to the victims by using "Enchanted Drive" devices. These devices are plugged into a USB port of a personal computer enabling the user to place calls over the internet. The devices are assigned a specific area code and telephone number in Country X which will always be displayed as the calling number to the person receiving the phone call, no matter where the "Enchanted Drive" device and the caller are actually located. According to investigation, the "Enchanted Drive" devices used in this particular scam were assigned area codes corresponding to major cities in Country X but the logs of the "Internet Protocol" (IP) addresses used by the said devices showed that the calls were actually made from the Philippines. After the victims had been convinced to invest in the fraudulent CDs, they were advised to write a personal check in the amount of the investment, and Birthright would arrange for a courier to retrieve the checks at the victims' residences. These checks were then sent to four (4) separate "virtual offices" and subsequently forwarded to an address in Muntinlupa City, Philippines. It was noted that sometime in December 2011, Birthright opened a new front company known as "AA Financial Group, Incorporated" with a new virtual office in Country X to receive the victims' checks. All mails for AA Financial Group, Incorporated were forwarded to an address in Bian, Laguna, Philippines. Based on the examination of the victims' cancelled checks, prior to September 2011, the vast majority of the funds collected by Birthright under the front company name "Birthright Brokers" were deposited into an account in Universal Bank A in the Philippines. It was also revealed that between approximately September 2011 and January 2012, cancelled checks issued by the victims to AA Financial Group, Incorporated, totaling approximately US$615,000.00, were deposited into two (2) accounts in Universal Bank B in the Philippines. Using the front company name "LB Corporation," Birthright allegedly collected more than US$1.2 million from several elderly victims from May to June 2012. These funds were deposited by Birthright to Bank Z in Country X, and subsequently wire transferred to two (2) accounts in Universal Bank C in the Philippines. C. Insurance Policy A case involving life insurance, tax fraud and suspected undeclared gifts. In year N-3, Ms. Y took out a life insurance policy with an initial payment of 30,000 (~USD34,000). Additional payments of 60,000 (~USD68,000) were made in year N-2 and N-1, and 50,000 (~USD56,500) was paid in year N. The following year, Ms. Y fully redeemed the policy. She stated that she needed money for a real estate purchase. Additional enquiries and requests for documentation by the insurance firm revealed that the payments had not been made by Ms. Y but rather by her parents. Actions such as these may be used to circumvent gift taxes. 10 D. Proceeds of Drug Trafficking Case of casino gambling debt payment used to conceal laundering of proceeds from drug trafficking. In 2013, operatives of the jurisdiction X's National Police arrested person AC and five other individuals in the Philippines and confiscated/seized 433.236 kilograms methamphetamine hydrochloride estimated to be worth USD43.3 million. In October 2013, the AMLC (Philippines FIU) received a letter requesting a financial investigation on the arrested persons together with a list of bank accounts that were allegedly used in the drug transactions of the group. A STR was also filed by Universal Bank against one of the accounts of person AC. The narrative portion of the STR cited AC's arrest for drug trafficking as the cause for reporting, adding that AC is also known to be actively engaged in casino gambling. Verification with the Department of Trade & Industry (DTI) showed that person AC had two registered businesses, namely: A Trading and G Center. Certifications from the Business Permit and License Office showed that A Trading had gross receipts of only ~USD3,800 and that it had been closed since January 2011 while G Center was registered as a new business only in March 2013 with a capital of only ~USD1,085 and only one employee. Further verification showed that person AC did not appear as stockholder, incorporator or board member of any corporation registered in the Philippines. In spite of the small capitalization and meagre declared income of person AC's businesses, the AMLC Secretariat's financial investigation revealed that AC's bank transactions involved more than USD8.6 million. One bank account was found to have made more than 200 fund transfers amounting to more than USD2.16 million to several individuals. The fund transfers were all made under the guise that they were AC's payment for gambling debts owed to the recipients of the transfer. However, no documents were presented to prove that person AC owed large sums of money by virtue of his gambling activities. Financial investigations also showed that AC's bank accounts received funds from persons MST and CW who have also been charged with drug trafficking. Apart from his bank accounts, person AC also owned several prime real estate properties, a foreign currency trust account and money placement worth a significant amount. In August 2014, the Court of Appeals granted the Petition filed by the AMLC for the Issuance of a Freeze Order against the bank accounts, investments, real properties and motor vehicles of Mr. AC and his cohorts. 11 E. Structuring Bank A reported several accounts maintained by individuals who were connected by ways of employment in company B. Company B attracted people by offering attractive profits as a return on their investment and secondly also offered jobs. Around 525 individuals filed applications against the company for depriving them of their hard-earned money. It was suspected that the scam involved a fraud of PKR1.88 billion (~USD18 million). 399 It was noted in company B's account that large amounts of funds came through online transfers and cash from different individuals. The accumulated funds flowed from the company's account in a structured manner through online cash/ATM transfers to the personal accounts run by individuals who were either employees of the company or were involved in other businesses. The funds were then taken out from the personal accounts through online cash withdrawal. The matter was referred for investigation. 12 F. Use of False Identification A complaint was lodged against the suspect who was believed to be involved in fraud. The suspect 'JKL' opened an account at the branch of Bank X. At the time of account opening the information provided by the suspect stated that he was working as an Associate and dealing in property business. The account was opened for saving purpose. Two officials of the government department lodged a complaint against the individual and stated that their two cheques were stolen and issued with forged signature amounting to PKR3,000,000 (~USD28,600) and Rs.2,500,000 (~USD23,800). The proceeds of both the cheques were credited to JKL account through clearing. Some of the funds were immediately withdrawn in cash while the remaining funds were returned to the issuing bank after receipt of complaint. 423 The suspect admitted using a different signature. Both signatures were very different and therefore, a possibility of an unknown beneficial owner was suspected. From the trail of transactions it was observed that the account was primarily used to conduct transactions related to the stolen cheques and that no other significant transactions took place in the account. The case was forwarded to LEA for necessary action. 13 Footnotes 1. Presentation materials on Intelligence Analysis & Intelligence Reports: A Workshop for FIUs held on 11 July 2008. 2. http://www.austrac.gov.au/sa-brief-peps-indicators 3. http://www.amlc.gov.ph/images/NewsAnnouncements/crossborderinvestmentfraud.pdf 4. APG Yearly Typologies Report 2016, page 19. 5. APG Yearly Typologies Report 2016, page 19. 6. Items A-E, taken from the Training Materials on Countering the Financing of Terrorism and Proliferation of Weapons of Mass Destruction through Effective Asset Freezing held on 18-19 October 2017 in Manila, Philippines. 7. ADB's Handbook on Anti-Money Laundering and Combating the financing of Terrorism for Nonbank Financial Institutions. 8. FATF-Virtual Asset Red Flag Indicators (September 2020). 9. FATF-Money Laundering & Terrorist Financing through the Real Estate Sector (June 2007). 10. APG Yearly Typologies Report 2016, page 52. 11. APG Yearly Typologies Report 2016, pages 65-66. 12. APG Yearly Typologies Report 2016, page 80. 13. APG Yearly Typologies Report 2016, page 83.