Your bank has a useful Bank Secrecy Act compliance program.

Your bank has a useful Bank Secrecy Act compliance program. It designates a BSA compliance officer; addresses internal manages designed to identify reportable transactions; make sures that all required reports are accurate and timely filed; screens exemption processing; provides for adequate supervision and training, and dual controls; and provides for independent testing. publicity Transaction Reports (CTRs) and your bank's other recordkeeping passed the trial last time the examiners were in. They made a not many recommendations regarding your BSA training or monitoring, if it were not that in general, they were satisfied.

Things may not be the same nearest time around. Before Sept. 11 Washington