How long should one wait before closing an account that had a SAR filed on it for kiting? The customer continues to check kite and I didn't know if there was a certain time frame to follow.

When to close an account because of SAR filings should be something addressed in your BSA Policy.

& why wouldn't you close the account immediately? When it comes to Kiting ... the Bank holding the account last - usually loses.

My suggestion is that you close the account and then worry about filing the SAR.

Close it now.

Give appropriate notice citing a specific date when you will close the account. Reference language in your contract that allows you to close an account for any reason you please or simply say the customer is "consistently drawing on uncollected funds." That's politespeak for commiting bank fraud. Indicate if you will accept anything for deposit to cover outstanding checks; e.g. cash.

Thanks for the suggestions.

Close it immediately, then file the SAR.