Converting Cashier’s Checks and BSA
06/05/2016
A person came in with a check drawn on our institution and wants to convert it to a cashier’s check. Is there a BSA issue involved?
Deborah Crawford is the President of gettechnical inc. She specializes in compliance and regulations for the deposit side of financial institutions. Her 27+ year career in banking and training began at Hibernia National Bank. She has been a seminar leader for many state associations and credit union groups across the nation. She has Bachelors and Masters degrees from Louisiana State University.
06/05/2016
A person came in with a check drawn on our institution and wants to convert it to a cashier’s check. Is there a BSA issue involved?
05/29/2016
My customer bought three cashier’s checks for $10,000 each and the checks are still outstanding and have been for a while. Do I need to let my BSA Officer know?