"Why can't we just monitor the accounts where the dirty money is?" - US banker before Senate Committee

"We cannot base our decisions on the race, colour or creed of those who would do business with us" - UK banker.

"Terrorist financing activities are unlike traditional money laundering in a very significant respect. Money used to finance terrorism does not always originate from criminal sources. Rather, it may be money derived from legitimate sources that is then used to support crimes. Developing programs that will help identify such funds before they can be used for their horrific purposes is a daunting task.." - Richard Spillenkothen, US Federal Reserve Bank.

Companies surveyed by the UK's Financial Services authority admitted they were most worried about their own staff being involved in fraud through collusion, coercion, or infiltration.

The FSA says the threat is growing very rapidly, with staff typically offered money to sell confidential information about customers.

The report cites a recent example of a cashier at a high street bank branch in Cosham in Hampshire.

After serving customers she trawled their accounts to see if they had made any big deposits in the past.

If they had, she then passed their details to a gang of criminals. BBC 27 February 2006