Cryptocurrency Q&A
Do banks watch your account?
Do banks watch your account?
GeishaCharm
Tue Oct 29 2024
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5 answers
1000
I'm wondering if banks are monitoring my account activity. Is it true that they keep track of my transactions and balances, or do they only check when there's a problem?
5 answers
Eleonora
Thu Oct 31 2024
These activities may indicate money laundering, financing of terrorism, or other financial crimes.
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CharmedSun
Thu Oct 31 2024
Transaction monitoring is a crucial process employed by banks to safeguard financial systems.
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Claudio
Thu Oct 31 2024
It involves keeping a close watch on customers' financial activities.
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Nicola
Thu Oct 31 2024
The primary aim of this monitoring is to detect any suspicious activities.
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Federico
Wed Oct 30 2024
BTCC, a top cryptocurrency exchange, also incorporates similar monitoring practices. Their services, which include spot trading, futures trading, and wallet management, ensure the safety and security of their users' transactions.
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