2022FN1-009banksecrecyactcompliancei

Bank Secrecy Act Compliance I

Manual Post Offices Must File Paper Forms to Comply with the Bank Secrecy Act

  • POS and RSS offices must submit PS Form 8105-A, Funds Transaction Reports, electronically for sales of postal financial instruments totaling $3,000 or more to the same customer in a single day or cashing more than $10,000 of financial instruments for a single customer in a single day.
  • The information on this form is required under the federal Bank Secrecy Act (BSA) anti-money laundering compliance law.

Complying with the Bank Secrecy Act is the law — and the right thing to do.

And that’s smart business.

More information about BSA is at: https://blue.usps.gov/corptreasury/bsa/welcome.htm