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#955248 - 05/06/08 08:47 PM Repeat SAR filing
WreckEmTech Offline
100 Club
Joined: Feb 2008
Posts: 154
Texas
If I file a SAR on a customer, then file a repeat SAR in 90 days, what does the narrative need to say? Is it okay to just say that the activity reported on the initial SAR is ongoing or do I need to include the narrative from the initial SAR and, as an addition, say that the activity has continued?

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#955263 - 05/06/08 09:10 PM Re: Repeat SAR filing WreckEmTech
WonderWoman Offline
Diamond Poster
WonderWoman
Joined: Mar 2007
Posts: 2,108
gone fishin'
I always start mine with:

"this is a supplemental report to one filed mm/dd/yyy"

and then I do the whole deal. Who, What, Where, Why, When, How.

Usually a brief "previous activity reported: blah blah"

then "current activity being reported: blah blah"

"this is a grand total of $XX from XX to XX"
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My opinions are my own, and not that of my employer.

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#955265 - 05/06/08 09:12 PM Re: Repeat SAR filing WonderWoman
WonderWoman Offline
Diamond Poster
WonderWoman
Joined: Mar 2007
Posts: 2,108
gone fishin'
This is also a great document from FinCEN.

http://www.fincen.gov/narrativeguidance_webintro.pdf
_________________________
My opinions are my own, and not that of my employer.

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#955275 - 05/06/08 09:29 PM Re: Repeat SAR filing WonderWoman
WreckEmTech Offline
100 Club
Joined: Feb 2008
Posts: 154
Texas
Thanks!

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#956242 - 05/08/08 07:50 PM Re: Repeat SAR filing WreckEmTech
Little Miss BSA Offline
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Little Miss BSA
Joined: May 2007
Posts: 1,185
Miami
and don't forget that the amount reported on the supplemental SAR get aggregated to the amount reported on the original SAR
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"Never allow someone to be your priority while allowing yourself to be their option!"

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