Need advice....
Cashier's check was typed in and issued. Of course they searched the name AFTER they printed the check, however the bank held onto it and voided it. Customer took cash instead. Name appears to be a common name in IRAQ. Our customer, a business, is purchasing a piece of construction equipment for nearly $9000 from said 3rd party.
What should I do at this point? Call OFAC? We cancelled the check, customer took cash. File on customer for avoiding OFAC? I'm sure if the customer would get more information we could clear the hit, but we don't know. What would you select when filing a SAR on something like this?