Are Federal Credit Unions automatically exempt?
What is the correct way to complete part B of CTR when an armored car service deposits a reportable amount to their own account at our bank?
Where can I find information on FIRREA/BSA violations?
A customer deposited 12000.00 into his personal account and deposited 300.00 to his and his wife's account. Is the wife included in the CTR since the amount affecting her is 300.00?
If we have a Middle initial...say "John Q. Doe"...this is how the client's name appears on the his DL. Do the OFAC regs REQUIRE that we the Bank demand to know what the middle initial stands for...in order to check John Quincy Doe with OFAC? If we do not check for the middle name, are we out of compliance? Please advise.