BSA E-Filing

We’ve been encouraging banks for the past several years to file CTRs and SARs electronically.  It looks like it may soon be a requirement.  On September 14, 2011, FinCEN proposed a mandatory requirement to e-file by June 2012.  If you don’t like the idea, be sure to make your comments known.  Otherwise, we encourage you to sign up for e-filing now…why wait?

Learn more about our Bank Secrecy Act Training here

David Dickinson

Share This