We are having an intense debate about filing for a rash of counterfeit cashier checks that have ben produced with our bank name. Most say we need to file, but we have two people that are certain FinCen posted something, maybe 5 years ago, stating that this situation does not need a SAR filed. Does anyone remember this and/or where I could possibly find it?
thanks

When we had an outbreak of counterfeit cashier's checks with our name on them, we filed an SAR. I also prepared the 90 day follow up SAR until there wasn't any more activity.

Anon, are you thinking that FinCen posted a statement in the past that banks didn't need to file a SAR for Counterfeit Checks?

We file for counterfeit checks.