When completing and filing a SAR, what is the bank NOT required to do?
A) Submit a copy of the supporting documentation with the SAR
B) Submit the SAR within 30 days of the initial detection of facts
C) Report the SAR information to the bank's board of directors
D) Maintain a copy of the SAR and supporting documentation for 5 years
Correct Answer:
Verified
Q240: ABC Co. signed a contract to export
Q241: For which of the following is a
Q242: Which of the following is MOST effective
Q243: In which of the following circumstances is
Q244: Which of the following customers may be
Q246: What should a bank's Bank Secrecy Act
Q247: A routine review of account records reveals
Q248: On which of the following loans must
Q249: A compliance officer is constructing a review
Q250: Your bank's president comes back from an
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents