American Bankers Association CRCM Exam Questions - Navigate Your Path to Success

The American Bankers Association Certified Regulatory Compliance Manager (CRCM) exam is a good choice for Risk Managenemt Expert and if the candidate manages to pass American Bankers Association Certified Regulatory Compliance Manager exam, he/she will earn American Bankers Association CRCM Certification. Below are some essential facts for American Bankers Association CRCM exam candidates:

In actual American Bankers Association Certified Regulatory Compliance Manager (CRCM) exam, a candidate can expect 200 Questions and the officially allowed time is expected to be around 240 Minutes.
TrendyCerts offers 463 Questions that are based on actual American Bankers Association CRCM syllabus.
Our American Bankers Association CRCM Exam Practice Questions were last updated on: Mar 02, 2025

Sample Questions for American Bankers Association CRCM Exam Preparation

Question 1

A bank is conducting due diligence for a foreign correspondent bank account. Which of the following is NOT required information?

AThe identities of the correspondent bank's true ownership

BInformation on the government licenses of the correspondent bank

CCopies of the tax return of the correspondent bank

DInformation on the products and services the correspondent bank offers

Correct : C

Options Selected by Other Users:

Question 2

A routine review of account records reveals that suspicious activity involving foreign currency has occurred in the account of one of the bank's directors. Which of the following actions should be taken FIRST?

AA SAR should be filed.

BThe bank's board of directors should discuss the account activity without the affected director being present.

CThe bank's president should meet with the affected director to discuss the account activity.

DThe bank should file a CTR, checking the box that indicates the report is for suspicious activity.

Correct : A