Compliance Training: Bank Secrecy Act

Course Objectives:

Describe the purpose of the Bank Secrecy Act and the
important role played by financial institutions
Explain the Currency Transaction Report (CTR) and how to fill
it out 
Explain the Suspicious Activity Report (SAR) and how
to fill it out
Explain the Customer Identification Requirements resulting
from the passage of the 2001 USA PATRIOT Act
Describe "Know Your Customer" procedures

Target Audience: All staff
Study Time: 2 hours

Author:
Digital University staff

© 2007 Digital University, Inc., all rights reserved