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#1988944 - 01/15/15 04:23 PM Filing a DEOP
mdog76 Offline
Platinum Poster
Joined: Jan 2007
Posts: 645
The instructions for the filing date say for an initial exemption to enter the date of the first transaction to be exempted. Can I just enter today's date and have the customer exempt going forward?

Thank you.

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#1988953 - 01/15/15 04:29 PM Re: Filing a DEOP mdog76
rlcarey Offline
10K Club
Joined: Jul 2001
Posts: 80,359
Galveston, TX
You can enter a date back to 30 days prior to filing if you so desire.

(c) Designation of certain exempt persons (1) General. Except as provided in paragraph (c)(2) of this section, a bank must designate an exempt person by filing FinCEN Form 110. Such designation must occur by the close of the 30-calendar day period beginning after the day of the first reportable transaction in currency with that person sought to be exempted from reporting under the terms of this section
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