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UNDERTAKING We, M/s (OSL Code), located at, a BIS recognized laboratory under the Laboratory Recognition Scheme of the Bureau of Indian Standards, do, hereby, undertake that: i) we are fully independent
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How to fill out we ms - bis
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WE MS - BIS stands for Wire and Electronic Money transfer System - Bank for International Settlements. It is a form used by financial institutions to report electronic transactions.
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Financial institutions such as banks and money transfer services are required to file WE MS - BIS.
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WE MS - BIS form must be completed electronically through the designated reporting system provided by the Bank for International Settlements.
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The purpose of WE MS - BIS is to monitor and track electronic money transfers to prevent money laundering and other illicit financial activities.
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Information such as sender and recipient details, transaction amount, currency, and purpose of the transaction must be reported on WE MS - BIS.
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