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#1507673 - 02/09/11 08:56 PM OCC and the MLR
Pisces Offline
Member
Joined: Nov 2006
Posts: 67
Texas
For those of you that are OCC banks and have to complete the MLR (money laundering risk system),what is the definition of official bank checks?

This is the first item on the BSA/AML Quantity of Risk Summary Form.

Just curious to see how others are interpreting.

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Operations Compliance
#1507701 - 02/09/11 09:22 PM Re: OCC and the MLR Pisces
califgirl Offline
Diamond Poster
califgirl
Joined: Mar 2002
Posts: 2,355
The O.C., California
Do you have the User Guide? It says monetary instruments includes Traveler’s Checks, Official Checks, Cashier’s Checks, and Money Orders.
_________________________
I can explain it to you. I can't understand it for you.

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#1507798 - 02/09/11 10:59 PM Re: OCC and the MLR Pisces
Pisces Offline
Member
Joined: Nov 2006
Posts: 67
Texas
Yes.....I have the numbers for travlers checks and money orders or cashiers checks.

But I still do not know what falls into the "official bank checks" group.

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