Main/

Multi-Currency Swap Services

Financial arrangements in which two parties exchange specified amounts of different currencies, along with corresponding interest payments, for a set term. These swaps help manage currency risk and facilitate cross-border investments or trade.

[
Code
PS0042
]
[
Name
Multi-Currency Swap Services
]
[
Version
1.0
]
[
Category
Wealth & Investment
]
[
Created
2025-03-14
]
[
Modified
2025-04-02
]

Related Techniques

T0115
|
Currency Exchange Conversions
|
  • Facilitate systematic cross-currency swapping, often in rapid succession, making it harder to pinpoint the original source of funds.
  • Criminals exploit these transactions’ complexity and volume, leveraging multi-currency swap chains to break audit trails and further layer illicit assets.
T0115.002
|
Multi-Currency Swap
|
  • Criminals engage in direct multi-currency swaps to layer funds across multiple denominations.
  • Frequent cross-currency exchanges—often arranged in quick succession—conceal the path of illicit proceeds, complicating AML scrutiny.