09/22/2024
I’m so confused! I keep hearing about the “SAFER Banking Act”. How is that different from the “SAFE Act” from several years ago? Is it being updated?
06/02/2024
Is a financial institution required to perform OFAC screening of new or prospective vendor or service provider before the contract is approved?
05/12/2024
Is an ATM Machine fraud a cybercrime?
05/05/2024
Do we file SARS on all marijuana-related business?
04/28/2024
If our customer deals in cash does that make him or her suspicious for BSA?
04/21/2024
Our regulators want us to file a SAR when a non-customer cashes a check at our institution and in the memo line it says something like “air conditioning repair”? How do we do this?
04/14/2024
Should we refuse accounts of businesses not registered for BOI today?
02/18/2024
Management would like to cautiously bank “just one really good” customer who is getting into cannabis sales. Can we ease into it like this, and if so, what should we focus on?
02/04/2024
I’m trying to understand the marijuana “Cole Memo” because my bank is thinking about banking cannabis customers. Is there more than one Cole Memo, and is it even still effective? It seems like a mess!
01/28/2024
My State has not yet legalized marijuana. Do I still need to know anything about cannabis banking?