In the banks, they are required to verify the identity of their customers to ensure that the funds will not be used for illegal activities such as, but not limited to, money laundering and terrorist financing. The 5C^ of Credit institution's primary consideration in approving loan applications.
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6.A
7.B
8.D
9.C
10.A
11.D
12.C
13.A
14.D
15.C