Bank Secrecy Act Compliance II

Know the Form 8105-A Essentials

  • The information on the PS Form 8105-A, Funds Transaction Report, is required by the Bank Secrecy Act anti-money laundering laws for the sale of postal financial instruments totaling $3,000 or more to a single customer in a single day or the cashing of financial instruments totaling more than $10,000 to a single customer in a single day.
  • This information includes name, address, and occupation among other data.

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/