Correspondent Banking Due Diligence demo
A respondent's declared nesting set beside what 90 days of payment messages show, with each undeclared branch marked 1:33
What the demo shows
Correspondent KYC teams review each respondent bank's CBDDQ and evidence and write the file
At each review cycle, seven agents rebuild a respondent bank's file: they read its CBDDQ answer by answer, check licensing, owners, the shell-bank certification and screening, and rebuild its real nesting tree from 90 days of payment messages, marking every branch it did not declare. They draft the memo and the request for information; the analyst prepares, the BSA Officer rates, and restrictions and exits take two committee signatures.
Transcript
- Correspondent Banking Due Diligence: KYC teams review each respondent bank and write its file.
- Every foreign correspondent account needs it, yet a quarter of these relationships closed in a decade.
- At Corvane National Bank, agents rebuild each file every cycle, from questionnaire and payments.
- Banco Merivale declared no nested banks. Its payments say otherwise.
- Kestrel Exchange House: two hundred fourteen payments, six point eight million dollars. Not declared.
- Every branch and element opens its source.
- Imani Okafor has the agent draft a request for information, then sends it for approval.
- She refers the payments to AML investigations, unseen by the relationship manager.
- BSA Officer Margaret Lin raises the rating to High, with a thirty-day deadline.
- Restrictions and exits need two signatures; every step lands in the examiner pack.
- Files drafted in a day, with nesting checked against real payments.
- Built on Botminds: agents, data, screens and governance on one platform.
The narration as written for the film. Captions are on the player.