Who are high risk customers?
Customer identified as high risk with higher rank of risk scoring by RBA module in screening
result and KYC risk profiling in the AML/CFT IT System and national, regulatory and internal
risk assessment.
All account of customers domiciled in high risk countries as categorized by FATF and updated by
FIU/Home Ministry from time to time.
All other accounts classified by FIU-NRB as high risk accounts.
Customer or transactions related with a jurisdiction fundamentally deficient for the control of
following types of crimes in general, but not limited to,:
o Terrorism and Financing of terrorist activities,
o Money Laundering
o Proliferation Financing, Arms and Ammunition
o Corruption
o Tax / Revenue evasion
o Narcotic Drugs and psychotropic substances
o Human trafficking
o Organized crime
o Counterfeiting
Customer or transactions related with a jurisdiction largely deficient for the control of above
listed types of crimes in general or are under a kind of international monitoring
Non face-to-face Customers or Business Transactions, particularly,
o Cross border correspondent banking
o Wire transfers
o Business relation through Internet, Telephone, Fax, Postal service etc.
o Internet Banking, ATM Transaction, Mobile Banking
o Transaction through instruction / request by Fax/wire
o Transaction through Wire or prepaid card, etc.
Politically exposed persons (PEPs) both domestic and foreign PEPs their family member and
person associated with them.
Antique dealers (individuals and entities), Money service bureaus, Dealers in arms, Casinos,
Bullion dealers including sub dealers &jewelers.
Business of precious herbs and medicines.
Export/import trade, Travel agencies, Cooperatives, and company service providers, real Estate
agents, Dealers in vehicles.
All accounts of Trusts, NGOs, Charities, Charities and Organizations receiving domestic or
foreign donations and accounts operated by Power of Attorney holders may be classified as High
Risk.
STR reported customer
Customer under investigation or prosecution or convicted
Customer with suspected Beneficial Owner.
