BSA/USA PATRIOT ACT
THIS IS THE NAME OF A REPORT REQUIRED TO BE FILED FOR CASH TRANSACTIONS INVOLVING MORE THAN $10,000.00.
WHAT IS CURRENCY TRANSACTION REPORT (CTR)?
CASH TRANSACTIONS INVOLVING MORE THAN THIS DOLLAR AMOUNT WILL TRIGGER THE FILING OF A CTR.
WHAT IS $10,000.
FRAUD AND DISPUTE CLAIMS MUST BE SUBMITTED VIA _________ TO THE OPERATIONS DEPARTMENT
WHAT IS A SERVICE EVENT.
B.O.L.O STANDS FOR
WHAT IS BE ON THE LOOKOUT
TRUE OR FALSE: STRUCTURING IS A CRIME
WHAT IS TRUE
WHAT ARE THE FOUR PIECES OF PERSONAL IDENTIFYING INFORMATION REQUIRED TO OPEN AN ACCOUNT?
WHAT IS: 1. LEGAL NAME. 2. DATE OF BIRTH. 3. PHYSICAL ADDRESS. 4. SOCIAL SECURITY NUMBER.
TRUE OR FALSE: IF YOU NOTICE SUSPICIOUS ACTIVITY, YOU SHOULD NOTIFY YOUR MANAGER IMMEDIATELY AND RELY ON THEM TO CONTACT THE BSA OFFICER.
WHAT IS FALSE?
IF A MEMBER HAS A CLAIM AGAINST A MERCHANT THEY HAVE A HISTORY OF CHARGES WITH, THAT CLAIM SHOULD BE FILED AS A______
WHAT IS A MERCHANT DISPUTE
THIS MUST BE COMPLETED FOR EVERY TRANSACTION AS IT SHOWS THE TIME MEMBER CAME IN AND THE HOW THE MEMBER WAS VERIFIED.
WHAT IS THE EHANCED MEMBER VERIFICATION (EMV) SCREEN.
THIS IS THE METHOD OF WITHDRAWING CASH TO AVOID A CURRENCY TRANSACTION REPORT.
WHAT IS STRUCTURING.
TRUE OR FALSE: THE CREDIT UNION HAS 30 DAYS TO FILE A CURRENCY TRANSACTION REPORT.
WHAT IS FALSE.
THIS IS THE NUMBER OF CALENDAR DAYS THE CREDIT UNION HAS TO PROCESS A FRAUD CLAIM.
WHAT IS 10 DAYS.
TRUE OR FALSE? IT IS PERMISSIBLE TO CONDUCT BUSINESS WITH SOMEONE ON THE OFAC LIST.
WHAT IS FALSE?
THIS IS THE NUMBER OF DAYS THE CREDIT UNION HAS TO FILE A SUSPICIOUS ACTIVITY REPORT ONCE SUSPICIOUS ACTIVITY HAS BEEN DETECTED.
WHAT IS 30.
THIS IS WHAT THE MEMBER IS REQUIRED TO DO NEXT TO EACH STATEMENT ON THE FRAUD CLAIM FORM.
WHAT IS INITIAL
WE DO NOT ACCEPT THIS FORM OF IDENTIFICATION FOR CONDUCTING TRANSACTIONS
WHAT IS A U.S. PASSPORT CARD?
THIS IS THE NAME OF WHAT THE BANK SECRECY ACT IS ENFORCED BY.
WHAT IS THE FINANCIAL CRIMES ENFORCEMENT NETWORK (FINCEN).
CERTAIN MEMBERS CAN BE EXEMPT FROM CTR FILINGS BY COMPLETING THIS FORM
WHAT IS DESIGNATION OF EXEMPT PERSON FORM (DOEP)?
THIS MUST BE DONE THE MOMENT A MEMBER STATES THEY HAVE FRAUD ON THEIR CARD. THEY DO NOT HAVE A CHOICE.
WHAT IS CLOSE THE CARD.