Most Popular Compliance Content
Completing CTRs on a business account
08/18/2024
When filing a CTR on a business deposit, do you include everyone on the account like you would a personal CTR or just the actual conductor?
Compliance checking AI-generated videos
08/11/2024
Have you seen AI generated videos and how would they be used?
Subpoena/summons investigations results and SAR filing
08/11/2024
Our BSA Officer manages our bank’s filing of Suspicious Activity Reports (SARs) with FinCEN. She has asked to include in our policy for managing summonses, subpoenas and similar legal documents a requirement that she be notified of any suspect activity that might be turned up in searches in response to those documents. Is that allowed?
Recognizing recurring and non-recurring debit card
08/11/2024
Can a merchant force a debit card transaction by claiming that the transaction is a recurring transaction event though it's not? For example, the customer opted out of overdraft service for ATM and one-time POS debit card transactions, but a merchant forced the transaction by claiming it's recurring.
Special handling for National Security Letters
08/04/2024
Who should handle any National Security Letters that our bank might receive?