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#2007870 - 04/14/15 02:07 PM Continuing SAR, bank loss, repeat?
WonderWoman Offline
Diamond Poster
WonderWoman
Joined: Mar 2007
Posts: 2,108
gone fishin'
I'm feeling really BSA brain-dead lately. I think it's too many OCC exams.


We're filing a continuing SAR on a debit card fraud case. We took a loss on the claim & reported that on the first SAR. Now there was additional activity. We didn't take a loss this time - but do we put the loss from the last SAR on the Continuing SAR? (carry it over in a sense?)
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#2008101 - 04/14/15 08:27 PM Re: Continuing SAR, bank loss, repeat? WonderWoman
MagicCity Offline

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MagicCity
Joined: Apr 2003
Posts: 3,003
Fort Lauderdale, Florida
I would because the continuing SAR takes the total of both SARs so it is related to the amount being reported.

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