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

Multiple Choice

What term refers to the unique numeric code used to identify a matched account?

Account Number is the unique numeric code assigned to each bank account. This identifier ensures the specific account can be distinguished from all others and is used to link transactions, records, and activity to the correct account. Identifying Information refers to personal data, which helps locate records but isn’t unique to a single account. Records Search describes the process of looking up data, and Preceding 12 Months is a time frame, not an identifier.

Account Number is the unique numeric code assigned to each bank account. This identifier ensures the specific account can be distinguished from all others and is used to link transactions, records, and activity to the correct account. Identifying Information refers to personal data, which helps locate records but isn’t unique to a single account. Records Search describes the process of looking up data, and Preceding 12 Months is a time frame, not an identifier.