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RECOMMENDATION16,,,WIRETRANSFERS,,FATFMethodologyforassessingcompliancewiththeFATFRecommendationsandtheeffectivenessofAML/CFTsystems（Amended2020）

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Orderingfinancialinstitutions,,,,,

16.1,Financialinstitutionsshouldberequiredtoensurethatallcross-borderwiretransfersofUSD/EUR1000ormorearealwaysaccompaniedbythefollowing:,,,,

,(a)Requiredandaccurate56originatorinformation:,,,,

,(i)thenameoftheoriginator;,,,,

,(ii)theoriginatoraccountnumberwheresuchanaccountisusedtoprocessthe,,,,

,"transactionor,intheabsenceofanaccount,auniquetransactionreferencenumberwhichpermitstraceabilityofthetransaction;and",,,,

,"(iii)theoriginator’saddress,ornationalidentitynumber,orcustomer",,,,

,"identificationnumber,ordateandplaceofbirth.",,,,

,(b)Requiredbeneficiaryinformation:,,,,

,(i)thenameofthebeneficiary;and,,,,

,"(ii)thebeneficiaryaccountnumberwheresuchanaccountisusedtoprocessthetransactionor,intheabsenceofanaccount,auniquetransactionreferencenumberwhichpermitstraceabilityofthetransaction.",,,,

16.2,"Whereseveralindividualcross-borderwiretransfersfromasingleoriginatorarebundledinabatchfilefortransmissiontobeneficiaries,thebatchfileshouldcontainrequiredandaccurateoriginatorinformation,andfullbeneficiaryinformation,thatisfullytraceablewithinthebeneficiarycountry;andthefinancialinstitutionshouldberequiredtoincludetheoriginator’saccountnumberoruniquetransactionreferencenumber.",,,,

16.3,"Ifcountriesapplyademinimisthresholdfortherequirementsofcriterion16.1,financialinstitutionsshouldberequiredtoensurethatallcross-borderwiretransfersbelowanyapplicabledeminimisthreshold(nohigherthanUSD/EUR1000)arealwaysaccompaniedbythefollowing:",,,,

,(a)Requiredoriginatorinformation:,,,,

,(i)thenameoftheoriginator;and,,,,

,"(ii)theoriginatoraccountnumberwheresuchanaccountisusedtoprocessthetransactionor,intheabsenceofanaccount,auniquetransactionreferencenumberwhichpermitstraceabilityofthetransaction.",,,,

,(b)Requiredbeneficiaryinformation:,,,,

,(i)thenameofthebeneficiary;and,,,,

,"(ii)thebeneficiaryaccountnumberwheresuchanaccountisusedtoprocessthetransactionor,intheabsenceofanaccount,auniquetransactionreferencenumberwhichpermitstraceabilityofthetransaction.",,,,

16.4,"Theinformationmentionedincriterion16.3neednotbeverifiedforaccuracy.However,thefinancialinstitutionshouldberequiredtoverifytheinformationpertainingtoitscustomerwherethereisasuspicionofML/TF.",,,,

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16.5,"Fordomesticwiretransfers,theorderingfinancialinstitutionshouldberequiredtoensurethattheinformationaccompanyingthewiretransferincludesoriginatorinformationasindicatedforcross-borderwiretransfers,unlessthisinformationcanbemadeavailabletothebeneficiaryfinancialinstitutionandappropriateauthoritiesbyothermeans.",,,,

16.6,"Wheretheinformationaccompanyingthedomesticwiretransfercanbemadeavailabletothebeneficiaryfinancialinstitutionandappropriateauthoritiesbyothermeans,theorderingfinancialinstitutionneedonlyberequiredtoincludetheaccountnumberorauniquetransactionreferencenumber,providedthatthisnumberoridentifierwillpermitthetransactiontobetracedbacktotheoriginatororthebeneficiary.Theorderingfinancialinstitutionshouldberequiredtomaketheinformationavailablewithinthreebusinessdaysofreceivingtherequesteitherfromthebeneficiaryfinancialinstitutionorfromappropriatecompetentauthorities.Lawenforcementauthoritiesshouldbeabletocompelimmediateproductionofsuchinformation.",,,,

16.7,"Theorderingfinancialinstitutionshouldberequiredtomaintainalloriginatorandbeneficiaryinformationcollected,inaccordancewithRecommendation11.",,,,

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16.8,"Theorderingfinancialinstitutionshouldnotbeallowedtoexecutethewiretransferifitdoesnotcomplywiththerequirementsspecifiedaboveatcriteria16.1-16.7.

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Intermediaryfinancialinstitutions,,,,,

16.9,"Forcross-borderwiretransfers,anintermediaryfinancialinstitutionshouldberequiredtoensurethatalloriginatorandbeneficiaryinformationthataccompaniesawiretransferisretainedwithit.",,,,

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16.10,"Wheretechnicallimitationspreventtherequiredoriginatororbeneficiaryinformationaccompanyingacross-borderwiretransferfromremainingwitharelateddomesticwiretransfer,theintermediaryfinancialinstitutionshouldberequiredtokeeparecord,foratleastfiveyears,ofalltheinformationreceivedfromtheorderingfinancialinstitutionoranotherintermediaryfinancialinstitution.",,,,

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16.11,"Intermediaryfinancialinstitutionsshouldberequiredtotakereasonablemeasures,whichareconsistentwithstraight-throughprocessing,toidentifycross-borderwiretransfersthatlackrequiredoriginatorinformationorrequiredbeneficiaryinformation.

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16.12,"Intermediaryfinancialinstitutionsshouldberequiredtohaverisk-basedpoliciesandproceduresfordetermining:(a)whentoexecute,reject,orsuspendawiretransferlackingrequiredoriginatororrequiredbeneficiaryinformation;and(b)theappropriatefollow-upaction.",,,,

Beneficiaryfinancialinstitutions,,,,,

16.13,"Beneficiaryfinancialinstitutionsshouldberequiredtotakereasonablemeasures,whichmayincludepost-eventmonitoringorreal-timemonitoringwherefeasible,toidentifycross-borderwiretransfersthatlackrequiredoriginatorinformationorrequiredbeneficiaryinformation.",,,,

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16.14,"Forcross-borderwiretransfersofUSD/EUR1000ormore,abeneficiaryfinancialinstitutionshouldberequiredtoverifytheidentityofthebeneficiary,iftheidentityhasnotbeenpreviouslyverified,andmaintainthisinformationinaccordancewithRecommendation11.",,,,

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16.15,"Beneficiaryfinancialinstitutionsshouldberequiredtohaverisk-basedpoliciesandproceduresfordetermining:(a)whentoexecute,reject,orsuspendawiretransferlackingrequiredoriginatororrequiredbeneficiaryinformation;and(b)theappropriatefollow-upaction.",,,,

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Moneyorvaluetransferserviceoperators,,,,,

16.16,"MVTSprovidersshouldberequiredtocomplywithalloftherelevantrequirementsofRecommendation16inthecountriesinwhichtheyoperate,directlyorthroughtheiragents.",,,,

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16.17,"InthecaseofaMVTSproviderthatcontrolsboththeorderingandthebeneficiarysideofawiretransfer,theMVTSprovidershouldberequiredto:",,,,

,(a)takeintoaccountalltheinformationfromb