Stop a wire transfer Quiz

1. What is the best time frame to detect a wrong money transfer for a higher chance of recovery?

A. Within 24 hours B. Within 48 hours C. Within 72 hours

2. Which organization offers the Financial Fraud Kill Chain (FFKC) process?

A. Local police B. FBI C. Interpol

3. What is the minimum amount for an international wire transfer to be eligible for the FFKC process?

A. $10,000 B. $25,000 C. $50,000

4. Which of the following is NOT required information for the FFKC process?

A. Beneficiary account number B. Originating bank account number C. Beneficiary's phone number

5. What should you do immediately if you detect a fraudulent wire transfer?

A. Call your financial institution to issue a recall notice B. Wait for 72 hours before taking action C. Contact the beneficiary directly

Submit Answers