The bank asks the customer for information on the use and intended use of banking services in order to be able to better assess what kind of use of banking services and what kind of payment transactions are the customer’s normal activity. By understanding the customer’s normal activity, it is possible to better identify unusual transactions and, if necessary, to ascertain the origin of the funds. It is the bank’s statutory duty to identify and investigate unusual transactions.
Obtaining information on the customer in the Money Laundering Act (in Finnish)