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