Word of the Day: Funnel Account

From FINCEN's advisory on US Currency Restrictions in Mexico:

Funnel Account: An individual or business account in one geographic area that receives multiple cash
deposits, often in amounts below the cash reporting threshold, and from which the funds are withdrawn in a
different geographic area with little time elapsing between the deposits and withdrawals.

I found this reading FinCEN's typologies document for human trafficking.

Links:

FINCEN Advisory