Anti-money laundering investigation

Example: Quickly find all accounts with transfers in and out of a specific country and identify any suspicious transfers. Photo: iStock (illustration only)

Sofia is a compliance officer in a Colombian bank. One morning, she gets a call from Colombia’s antimoney laundering agency (UIAF) about Brazil’s Operation Car Wash scandal.

It was discovered that two other competitors had accidentally laundered tens of millions of bribes and that they were being fined for negligence. The UIAF asked her bank to check all the referenced transactions with any customer in the last 3 years within 5 days.

By using EyesClear, Sofia can quickly investigate all accounts that had transferred in and out of Brazilian banks. By sorting them out over the next few days, she identifies all suspicious transfers and reaches out to the authorities before the 5-day limits. By being prepared, they play a key role in the government’s anti-money laundering efforts and are praised for their efforts.