The kitting business has been greatly reduced by CHECK 21, but the risks are still present...in particular, when Banks make internal exceptions to grant credit to its "well-establish" customers....
Whatever happen to the term "well-establish" customers?
Anyhow, but to the subject, if you suspect kitting...most certainly it is kitting and should proceed with the filing of a SAR (even if the Bank did not take a loss)...
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[b]"Common sense is not so common." Voltaire~[u]