Skip to content

Retaining Records Regarding Forgeries

Answered by: 

Question: 
How long are you required to retain records regarding forgeries?
Answer: 

There may be state laws affecting how long you keep this material. At a minimum, keep it for at least the one or three years covered by the UCC statute for drawer or other forgeries.

If the forgery is involved in a SAR filing, keep it for the 5 years called for in the BSA regs.

First published on BankersOnline.com 11/17/03

First published on 11/17/2003

Filed under: 
Filed under security as: 

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics