Q62: Regarding Suspicious Transaction Reports (STRs), banks are explicitly prohibited from taking which of the following actions?

Analyzing transactions that appear unusual.

Putting any restriction on operations in the accounts merely on the basis of the STR filed.

Maintaining confidentiality regarding the furnishing of information to the Director.

Using robust software to generate alerts.

✅ Correct Answer: B

The bank shall not put any restriction on operations in the accounts merely on the basis of the STR filed.

This protective measure is important for the IIBF AML KYC Exam 2026.

Bank Promotion Exam Guide