Thread Starter: SMQ, CRCM
Title: Re: Overzealous BSA Examiner - Help Needed
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You must be in the southeast. We have been seeing a few examiners that do the same thing, and the box checked on the SAR is "Transaction with no apparent economic, business, or lawful purpose". Churning or nibbling, this is where it goes.
Sort of a catch-all.
I don't agree with it, but it's not my battle to fight. Hope this trend gets reversed.
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