Fill SAR if Total Dollar Amount Under $5000.00?

There's no need to file unless the dollar amount of the kite reaches the $5,000 threshold, but you have the option of filing for smaller amounts. Until you get to $5,000 you might be better off focusing on damage control, and take appropriate action to shut down the kite. Unlike Charlie Brown, your bank's customer won't always have a run-in with a "kite eating tree."

First published on BankersOnline.com 10/15/12