BSA Requirements for Lenders
course

BSA Requirements for Lenders

Understand the recent progress of money laundering detection and prevention within the Bank Secrecy App.

Bankers Academy
Updated Jul 20, 2024

What you'll learn

  • The recent progress of money laundering detection and prevention, the purpose of the Bank Secrecy Act (BSA)
  • About the use of Currency Transaction Reports (CTRs)
Course Description

This course will discuss the Bank Secrecy Act (BSA) and the importance of recordkeeping and reporting to the position of the lender. The learner will be exposed to different means of reporting, such as Currency Transaction Reports (CTRs) and Suspicious Activity Reports (SARs).