If you do, you should know that FinCEN has issued another GTO (Geographic Targeting Order)
. It targets check cashers in Miami-Dade and Broward counties who cash federal tax refund checks and tax refund anticipation loan checks of more than $1000 from August 3, 2015, through January 30, 2016.
Although banks aren't targeted by the order, you may want to share this information with depositors you know will be subject to it. They will have to copy their customer's government-issued photo ID issued in the name of the original check payee (military IDs won't be acceptable, because they can't legally be copied), take a digital photo of the customer showing his/her face, which must be the same as the face on the ID, record the customer's phone number, and make a legible record of the customer's thumbprint on the check.