Skip to content
BOL Conferences
Forums · Active Threads · Forum Rules · Mark All Read · Log In
BankersOnline.com Forums Banker Forums BSA/AML/CIP/OFAC Forum Wire Record Question
Thread Options
#2120319 - 03/02/17 09:10 PM Wire Record Question
FFBT Offline
100 Club
Joined: Jul 2012
Posts: 110
Do you have to fill out a wire record for and investor wiring money for the purchase of a loan?

Return to Top
BSA/AML/CIP/OFAC Forum
#2120354 - 03/03/17 12:09 PM Re: Wire Record Question FFBT
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,393
Galveston, TX
Read this: https://www.bankersonline.com/regulations/31-1020-410

Whether you fill out any forms is a bank decision as the term "wire record" is not defined. You are required to maintain the proper records of the transaction.
_________________________
The opinions expressed here should not be construed to be those of my employer: PPDocs.com

Return to Top

Moderator:  Andy_Z