Download BSA crossword.pmd - 1st Financial Training Services, Inc.

BSA Training Crossword Puzzle
Submitted by Michelle K. Raskevitz, Training Manager, Easthamptom Savings Bank, Easthampton, MA.
2.
1.
4.
3.
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6.
7.
8.
9.
10.
11.
12.
ACROSS
2. BSA stands for Bank _________ Act.
3. CTR stands for _________ transaction report
5. The USA ________________ Act requires the collection
of customer identification
6. Cash figures on a CTR form must be __________ up to
the next whole dollar amount. ($10,000.01 must be
recorded as $10,001.)
8. Saturday and Monday are considered the same
_________ day, thus need to be combined for the
completion of a CTR.
9. All financial institutions must have a written Customer
______________ Program (CIP)
11. Banks must run their customer databases agains this list
of potental terrorists: __________
12. The primary purpose of the BSA is to prevent and detect
money-____________ activity.
DOWN
1. If a business customer meets certain criteria, they may
qualify for an _________ status, thus not requiring the
completion of CTR reports.
2. An attempt to avoid large currency reporting by breaking
a single, large transaction into multiple, small transactions
is called ______________.
4. The BSA encouraging having a Know _______ Customer
policy
7. A CTR must be completed for any _________ or
individual cash transactions totaling at least $10,000.01.
10. A CTR must be completed using __________ Form 104.
11. CTRs must be completed for cash transactions _______
$10,000.00
BSA Training Crossword Puzzle Answers
Submitted by Michelle K. Raskevitz, Training Manager, Easthamptom Savings Bank, Easthampton, MA.
2.
E
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E 3.C U R
U
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P
5.
PA T R I O T
U
6.
R
7.
M
I
8.
BU S I N
L
G
T
9.
I D E N
P
L
E
1.
E C R E C Y
R E N C 4.Y
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R
OU N D E D
E S S
T I 10.F I C
I
N
C
E
12.
LA U ND E
ACROSS
Secrecy Act.
2. BSA stands for Bank _________
currency transaction report
3. CTR stands for _________
5. The USA ________________
PATRIOT Act requires the collection
of customer identification
rounded up to
6. Cash figures on a CTR form must be __________
the next whole dollar amount. ($10,000.01 must be
recorded as $10,001.)
8. Saturday and Monday are considered the same
business day, thus need to be combined for the
_________
completion of a CTR.
9. All financial institutions must have a written Customer
identification Program (CIP)
______________
11. Banks must run their customer databases agains this list
OFAC
of potental terrorists: __________
12. The primary purpose of the BSA is to prevent and detect
laundering activity.
money-____________
A T I ON
11.
OF A C
V
E
R I N G
DOWN
1. If a business customer meets certain criteria, they may
exempt status, thus not requiring the
qualify for an _________
completion of CTR reports.
2. An attempt to avoid large currency reporting by breaking
a single, large transaction into multiple, small transactions
structuring
is called ______________.
Your Customer
4. The BSA encouraging having a Know _______
policy
multiple or
7. A CTR must be completed for any _________
individual cash transactions totaling at least $10,000.01.
10. A CTR must be completed using FinCEN
__________ Form 104.
over
11. CTRs must be completed for cash transactions _______
$10,000.00