Most Popular Operations Content
Starting the SAR Clock
01/28/2024
Our bank has been questioning when a transaction is considered "suspicious" and when the time clock starts for BSA filing. Some are saying only our BSA officer/department can determine when a transaction is suspicious and that would start the 30 day SAR filing time clock. Others are saying if the client says a transaction is fraudulent, that starts the 30 day clock. How are we to determine when the 30 day clock starts?
Holistic view of account holders
01/28/2024
Why is it important to develop a holistic view of account holders across all deposit channels?
Sole Proprietorships and EINs
01/28/2024
If the customer has an EIN on a sole proprietorship, do we put business name first?
I want to ignore cannabis banking. Can I?
01/28/2024
My State has not yet legalized marijuana. Do I still need to know anything about cannabis banking?
The FDIC and safe deposit box services
01/28/2024
Are safe deposit box services non-deposit products under this rule?