Crypto compliance scenarios for brokers
These crypto compliance scenarios start from something that has happened, and show what the file looks like afterwards. A deposit landed from an address that turns out to be listed. A client wants a withdrawal sent somewhere new. A correspondent bank has asked a question in writing, with a deadline attached.
Each page covers one situation and ends with something concrete: a response you can reproduce, a document you can send or a signature someone else can check. Each page also says what it does not establish, so the record shows what was left unexamined as well as what was checked.
A deposit from an address that turns out to be sanctioned
The money is on your books. The client is a real customer who passed KYC months ago, and nothing about the deposit looked unusual until the address was checked. The question now is what you will be able to show later about the moment you found out and what you did next.
Deposit from one wallet, withdrawal to another
On its own this is ordinary: people change wallets, exchanges rotate deposit addresses, a custodial withdrawal never comes back to the same place. It is also the shape of a pass-through: fund, barely trade, withdraw somewhere else. From the on-chain data alone, the two look the same.
Your bank asks in writing how you screen crypto deposits
This arrives as a questionnaire or as a paragraph in an e-mail, and the deadline is short. The questions are always the same underneath: which sources, how current, what happens on a match, who decides, and how would you show us.
An examiner asks why you allowed a deposit last year
Examiners rarely ask about the obvious cases. They pick an ordinary-looking one, because they are testing whether your process existed on that date and produced records at the time rather than afterwards.
The address you credited last month is now designated
Nothing was wrong with the original decision. The address was not on any list when you looked. The exposure lies in what happens next: whether anybody notices, and how long it takes.
Is your processor's approval your control?
The processor screened the deposit and passed it. That is useful, since they saw things you did not. It is also the most common way a compliance file ends up resting on something nobody can produce.
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