Funnel Account indicator describes deposits made where?

Study for the Certified Bank Secrecy Act Professional Test. Use flashcards and multiple-choice questions with hints and explanations. Get exam ready!

The concept here is recognizing a pattern where cash deposits are made in a location different from the member’s ordinary residence. When deposits occur where the member does not reside, it suggests funds are being funneled through an intermediate place to obscure origin or to facilitate later movement, which is a classic funnel account behavior. That geographic mismatch is what signals potential structuring or layering by means of depositing in distant locations. Deposits in the member’s own residence don’t exhibit that same unusual geographic pattern, and deposits into a business loan account or international wires describe different activities and don’t specifically capture the funneling behavior. So, deposits made where the member doesn’t reside best indicate a funnel account.