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PROSPECTUS FOR ADMISSION INTO A.N.M×H.W. ×F) TRAINING COURSE IN GOVERNMENT & INC Recognized PRIVATE A.N.M×H. W ×F) TRAINING Centers OF ODISHA FOR THE ACADEMIC SESSION 2015 16 Cost of Application
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What is erodam?
ERODAM stands for Electronic Reporting of Data for Anti-Money Laundering. It is a system that enables financial institutions to electronically submit reports on their customers' financial transactions to regulatory authorities.
Who is required to file erodam?
Financial institutions such as banks, credit unions, and money service businesses are required to file erodam.
How to fill out erodam?
Financial institutions can fill out erodam by logging into the ERODAM system, entering the required information about their customers' financial transactions, and submitting the report to the regulatory authorities.
What is the purpose of erodam?
The purpose of erodam is to help regulatory authorities detect and prevent money laundering and terrorist financing by monitoring financial transactions.
What information must be reported on erodam?
Financial institutions must report information such as the identity of their customers, the amount and nature of the financial transactions, and any suspicious activity.
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