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#2204529 - 01/30/19 09:55 PM 314(b) Request Template
Mrs. Selby Offline
100 Club
Joined: Feb 2003
Posts: 138
Iowa
I know this has been asked before and I apologize for asking again, but does anyone have a 314(b) request template they would be willing to share? I'm on a MDT with the state attorney general and local US Attorney and we are looking for ways to increase usage of 314(b) information sharing within our state and thought if we had a common request template everyone could utilize it might help. Just looking to see if one has been created already. Thank you!
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#2204531 - 01/30/19 09:58 PM Re: 314(b) Request Template Mrs. Selby
McFly Offline
Member
Joined: Nov 2016
Posts: 74
Use Verafin - they have 314(b) process for all banks to use that is very effective.
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#2204532 - 01/30/19 10:00 PM Re: 314(b) Request Template McFly
Mrs. Selby Offline
100 Club
Joined: Feb 2003
Posts: 138
Iowa
We are a Verafin bank. Would this be FramlX? This would require all of the banks in the state to sign up for it, correct?
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Opinions are my own, not those of my employer, and should not be construed as legal advice.

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#2205285 - 02/06/19 09:34 PM Re: 314(b) Request Template Mrs. Selby
chuckchuck Offline
Junior Member
Joined: Apr 2018
Posts: 43
I believe they can use just the framlx service as a standalone and it's affordable. If not, I can send you one I made up. It's pretty generic and I sort of used the Wells Fargo one as a guideline.

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#2205367 - 02/07/19 05:16 PM Re: 314(b) Request Template McFly
P*Q Offline

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Originally Posted By McFly
Use Verafin - they have 314(b) process for all banks to use that is very effective.
Ditto this response!

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#2205369 - 02/07/19 05:22 PM Re: 314(b) Request Template Mrs. Selby
BuckDog Offline
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Joined: Jun 2006
Posts: 123
Tennessee
Do we have to keep records of 314(b) requests?
Last edited by BuckDog; 02/07/19 10:33 PM.
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#2205371 - 02/07/19 05:25 PM Re: 314(b) Request Template Mrs. Selby
P*Q Offline

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BSA related records are maintained for 5 years.

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#2205432 - 02/07/19 10:35 PM Re: 314(b) Request Template P*Q
BuckDog Offline
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Joined: Jun 2006
Posts: 123
Tennessee
Duh. Of course 5 years. Don't know what I was thinking. Thanks.

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