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#302565 - 01/12/05 04:13 PM SAR/ Bank Robbery
J2C Offline
Diamond Poster
Joined: May 2004
Posts: 1,475
Big Brother knows and that's a...
This may be a stupid question. But, here goes...

We had our first bank robbery (the last one was in the 1800's- by horseback) right before Christmas.

I thought I read somewhere that we are required to file a SAR for a bank robbery, however I cannot find anything stating that fact now. Did I just dream this up? Also, the Security Officer thought the same thing, and the BSA officer also doesn't have any clue.

Does anyone know???
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#302566 - 01/12/05 04:50 PM Re: SAR/ Bank Robbery
Visa D'Kline Offline
Member
Joined: Mar 2004
Posts: 54
Oklahoma
May I suggest you go here and read the information.

http://a257.g.akamaitech.net/7/257/2422/...31cfr103.18.htm

The area on Page 214, paragraph (f) tells you what you're looking for.
We asked the same question when we were first robbed.
Good Luck

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#302567 - 01/12/05 05:33 PM Re: SAR/ Bank Robbery
Jay-Risk Offline
Gold Star
Joined: May 2004
Posts: 274
New England
You are not required to file a SAR for a bank robbery that is reported to law enforcement. The BOL Q&A's cite the specific section in Regulation H, and provide guru explanations.

Try this www.bankersonline.com/operations/gurus_op03a.html

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#302568 - 01/12/05 10:12 PM Re: SAR/ Bank Robbery
J2C Offline
Diamond Poster
Joined: May 2004
Posts: 1,475
Big Brother knows and that's a...
Thank you!!
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My opinion is mine only- not my employer's!


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