Transactions Requiring Special Surveillance under the Money Laundering (Prohibition) Act

1. Cash Transactions Exceeding Specified Limits: Large cash deposits or withdrawals that exceed the statutory threshold require reporting and surveillance.
2. Transfers to Foreign Accounts: Any significant transfer of funds to accounts held outside the country is subject to monitoring to prevent illicit transfers.
3. Multiple Structured Transactions: A series of smaller transactions structured to avoid detection, but cumulatively substantial, are flagged for potential money laundering.
4. Unusual Activity in Dormant Accounts: Sudden large deposits or withdrawals in previously inactive accounts trigger surveillance to investigate the source of funds.