BSA Requirements for RMLOs

BSA Requirements for RMLOs

Learn how to complete and file a CTR and a SAR while maintaining an efficient Customer Identification Program.

Bankers Academy
Updated Jul 13, 2024

What you'll learn

  • How to complete and file a CTR and a SAR.
  • How to maintain an effective Customer Identification Program (CIP).
  • How the USA PATRIOT Act affects BSA requirements.
Course Description

This course will introduce the learner to the role of the RMLO in ensuring that s/he remains compliant with all aspects of the Bank Secrecy Act in everything that s/he does at the institution. The course will familiarize the learner with the Act itself, in addition to how, when, and why to file CTRs and SARs, in addition to how to apply BSA requirements to other aspects of the institution’s operations.