Precious Metal Dealers

Posted By: Web

Precious Metal Dealers - 04/15/14 05:50 PM

We have a dealer in Precious Metals as a customer. Do I need to be getting written verification from the customer each year that they have a BSA policy in place and are compliant? I had them do this last year as they were a new customer. Should it be an annual thing or does it need to be?
Posted By: C-Lo

Re: Precious Metal Dealers - 04/16/14 05:53 PM

I would think that would depend on your institution's policy.