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Spotting Kiting on Wire Transfers

Answered by: 

Question: 
What are some characteristics to spot a kiting situation on in- and out-going wire transfers?
Answer: 

Since wires are required to be collected funds when they are sent and are immediate credit items when received how can someone kite with wire transfers?

First published on BankersOnline.com 8/18/08

First published on 08/18/2008

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