Tag: Omnibus account
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Day 194: Omnibus Account
#QuickBiteCompliance Day 194 🚀 Let’s Talk About “Secret” Bank Accounts (And How Criminals Abuse Them) Imagine you and your friends put your money into one big piggy bank. The bank only sees the group’s money, not who gave what. That’s an Omnibus Account! Now, picture a “helper” account that moves money between banks like a…