fracionamento de depósitos em numerário
English translation: smurfing / structured deposits
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| 17:36 Apr 11, 2020 |
| Portuguese to English translations [PRO] Bus/Financial - Finance (general) | |||||||
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|  Selected response from: Ana Vozone Local time: 10:05 | ||||||
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Answers
19 mins confidence: 
subdivision of cash deposits Explanation: :) |
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2 hrs confidence: peer agreement (net): +1
peer agreement (net): +1smurfing / structured deposits Explanation: Smurfing A commonly used money laundering method, smurfing involves the use of multiple individuals and/or multiple transactions for making cash deposits, buying monetary instruments or bank drafts in amounts under the reporting threshold. The individuals hired to conduct the transactions are referred to as “smurfs.” See Structuring. Illegal act of splitting cash deposits or withdrawals into smaller amounts, or purchasing monetary instruments, to stay under a currency reporting threshold. The practice might involve dividing a sum of money into lesser quantities and making two or more deposits or withdrawals that add up to the original amount. Money launderers use structuring to avoid triggering a filing by a financial institution. The technique is common in jurisdictions that have compulsory currency reporting requirements. See Smurfing. |
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6 hrs confidence:
cash deposit breaks/breakings up Explanation: https://books.google.com.mx/books?id=rf0NGXPGJlgC&pg=SA2-PA1... |
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6 hrs confidence:
cash deposit breakdown / cash deposit in installments Explanation: https://www.google.com.br/search?client=firefox-a&hl=en&biw=... |
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