Thread Starter: fnbgal
Title: Re: Who do I file the SAR on?
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Can't the officer just call the customer to make sure that the checks are okay and were actually issued by the customer. At that point, the customer may just offer an explanation. The officer could also ask if there will be more checks so they don't have to call again for his approval. And then you could probably throw in a question about the reason for multiple checks.
Depending on what we know, we've filed the SARs both ways. Most of our customers have told us that the payee requested the checks to be issued that way or they're paying as work is completed.
In one situation, the non-customer cashing the checks was kind enough to tell us that our customer was issuing the checks to him that way so that the transactions would not be reported - they were brothers. So we filed the SAR on both.
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