Are customers of a commercial bank required to disclose the source of funds to be deposited to their accounts?

Where a customer has an established business relationship with a financial institution and the funds being deposited are in accordance with normal activity on the account (e.g. salary deposits to the accounts from the customer’s employer), the customer may not be required to disclose the source of funds.  

 
However, a customer is required to disclose the source of funds where a new customer is seeking to open an account with the institution or where an existing customer conducts a transaction that either: 
a) exceeds the threshold established in Anti-Money Laundering and Anti-Terrorist Financing legislation (e.g. TT$90,000); 
b) exceeds the institution’s established threshold; or 
c) is not in keeping with the regular business activity on the account.