Está en la página 1de 107

1

AML/BSA POLÍTICA, PROGRAMA


Y PROCEDIMIENTOS
ESPAÑOL
POLITICAS DEL ACTA DE SIGILO BANCARIO

Pautas Generales
Intermex ha desarrollado un programa escrito para asegurar el cumplimiento con la ley del Acta de Sigilo
Bancario, Titulo III, incluyendo el Acta Patriota del 2001y las enmiendas a sus regulaciones y leyes
Federales. Estas leyes aseguran penalidades severas a personas que participan en una violación de la 31 Parte
103 CFR, que cubre Transacciones Monetarias. Este Programa en particular se aplica a todas Agencias de
Intermex y/o Representantes.

Objetivo
La Junta Directiva de Intermex reconoce la necesidad de la regulación de transacciones monetarias grandes y
los requisitos de guardar otros registros, y ha adoptado la siguiente política:

Política
Es la política de Intermex cumplir con las exigencias del Acta de Sigilo Bancario (BSA), el Acta Patriota de
los Estados Unidos del 2001, todas las regulaciones del Departamento de la Tesorería y el Servicio de
Ingresos Internos (IRS). Por lo tanto, Intermex ha establecido un sistema de controles internos para asegurar
el reporte oportuno y apropiado de todas las transacciones monetarias superiores a $10,000 dólares durante
cualquier día dado, por o de parte de, cualquier individuo, y mantendrá archivos de todos los instrumentos
monetarios vendidos por cantidades de $3,000 dólares a $10,000 dólares.

Por otro parte, Intermex implementa más controles mediante la aplicación de requerir identificación por
monto de dinero enviado a determinados países. El monto establecido es de $1,000 dólares a Colombia y
$2,000 dólares a otros países. Además, estos controles exponen en detalle los procedimientos para identificar
transacciones monetarias múltiples hechas por o en nombre de cualquier persona durante cualquier día dado,
que, cuando se suman exceden los montos requeridos para reportar, así como actividades sospechosas que
requerirían la presentación de un Reporte de Actividad Sospechosa (SAR-MSB) al gobierno.

El Departamento de la Tesorería ha determinado que estos archivos y reportes son muy importantes para
investigaciones criminales, cobro de impuestos y asuntos regulatorios.

Intermex ha puesto en práctica filtros (OFAC), de la Oficina del sistema de Control de Activos Extranjeros a
fin de descubrir casos del lavado de dinero por individuos y entidades designadas como riesgosos y
peligrosos por OFAC. Además, Intermex ha puesto en práctica filtros internos basados en características de
transacciones e individuos para establecer una política de seguimiento apropiado, específico y debidamente
enforzado en sus procedimientos para descubrir y proteger a la corporación contra el lavado de activos.

Control Regulador
Como parte de su compromiso de asegurar el cumplimiento, Intermex ha designado al Sr. José A. Pérez como
Jefe Oficial de Cumplimiento del Acta de Sigilo Bancario y Programas de Anti-lavado. El Oficial es
responsable de la coordinación y el monitoreo de la conformidad cotidiana con el Acta de Sigilo Bancario y
otras regulaciones pertinentes. El Oficial también se asegurará que todos los empleados de Intermex y agentes
sean entrenados bajo las exigencias del Acta de Sigilo Bancario, así como las enmiendas recientes proscritas
por el Acta Patriota de los Estados Unidos del 2001 y todas otras regulaciones aplicables.

Penalidades
Hay penas criminales y civiles sustanciales, incluso multas y encarcelamiento; esto debido al fallo de cumplir
con el Acta de Sigilo Bancario (BSA), Acta Patriota de los Estados Unidos de 2001 y por violación del los
estatutos criminales del lavado de dinero.

Rev 030510 1

This document is property of Intermex Wire Transfer, LLC. – Reproduction is prohibited


POLITICA DEL ACTA DE SIGILO BANCARIO
Descripción de Cumplimiento del BSA y el
Acta Patriota de Estados Unidos

El Acta de Sigilo Bancario (BSA) esta respaldada por el Ministerio de Hacienda de Los Estados Unidos y es
la pieza central reguladora del esfuerzo en contra del lavado de dinero de los Estados Unidos. Esta es una ley
separada y distinta a las leyes de lavado de dinero encontradas en el código penal de los Estados Unidos en el
Título 18 del Código Federal. La provisión del BSA cubre cada tipo de institución financiera, incluso
transmisores de dinero. Además, el Ministerio de Hacienda tiene la autoridad para designar como “una
institución financiera” cualquier negocio “cuyas transacciones en efectivo tienen un grado alto de la utilidad
en criminalidad, impuestos, o asuntos reguladores.”

El BSA le da al Ministerio de Hacienda un amplio mandato para publicar regulaciones y poner en práctica
sus provisiones. Conforme a las enmiendas añadidas por el Acta Patriota de los Estados Unidos de 2001, el
objetivo del BSA ha sido implementado para incluir “en la conducta de inteligencia o actividades de
contraespionaje, incluso análisis, para proteger contra el terrorismo internacional.” (Título 31, Segundo de
USC. 5311 y 5312 (a) (2).

Para el 23 de julio de 2002, las instituciones financieras deben aplicar “apropiadamente, específicamente y
donde debida diligenciarealzada sea necesaria” para todas las cuentas privadas de corresponsales
internacionales. Este será requerido para cuentas bancarias correspondientes (comúnmente bancos que no
conducen negocios con el dinero de aquella jurisdicción donde ellos son licenciados y existen). La diligencia
debida también se aplica a bancos de jurisdicciones específicas “que no cooperan en el esfuerzo internacional
para combatir el lavado de dinero. ’

Lo siguiente es un resumen general de obligaciones de conformidad adicionales para el dinero que transmite
el negocio como mandato del Acta Patriota de los Estados Unidos de 2001;

1- Respuesta dentro de 120 horas a peticiones de un regulador bancario para archivos acerca del
cumplimiento contra el lavado de dinero o transacciones de cliente

El Departamento de Cumplimiento de Transferencia de giros de Intermex, está listo para cumplir con
cualquier petición de autoridades regulación apropiadas de los bancos.

2- El Ministerio de Hacienda ha publicado regulaciones de actividad sospechosas para la Industria de


Valores y requiere que Transmisores de Dinero reporten a través de un SAR-MSB actividades sospechosas.

El Departamento de Cumplimiento Intermex actualmente investiga toda transacción por actividad


sospechosa. El Departamento de Cumplimiento supervisa la actividad del giro con instrumentos de
sistemas de filtros de la Oficina del Control de Activo Extranjero (OFAC), y filtros de giros Internos, e
investigación específica de actividad del giro. En la eventualidad que una actividad sospechosa es
descubierta, el oficial de cumplimiento cumplirá y seguirá todos los reportes exigidos por el gobierno
federal.

Rev 030510 2

This document is property of Intermex Wire Transfer, LLC. – Reproduction is prohibited


3- El Secretario de la Tesorería ha puesto “procedimientos razonables” para la identificación de cliente en el
inicio de transacciones. Los Procedimientos Razonables incluyen el mantenimiento de archivos usados para
identificar al cliente y consultar un listado asignado por el gobierno de terroristas conocidos o sospechosos.

Como ya mencionado, Intermex requiere la prueba de identificación e información biográfica con el fin
de procesar una transacción. Los archivos de transacciones altas son documentados y archivados
según regulaciones federales y estatales. Además, Intermex consulta la Oficina del Control de Activo
Extranjero (OFAC), “LISTA de OFAC” para prevenir que nuestros servicios no sean utilizados por
terroristas sospechosos.

4 - Se requiere que instituciones financieras se adhieran a las nuevas regulaciones diseñadas para alinear las
relaciones entre la industria de servicios financiera. Las regulaciones forzarán a las instituciones financieras,
entidades reguladoras y representantes de la ley a facilitar y compartir información de individuos o
entidades.

Intermex estará listo para poner en práctica cualquier nueva regulación para facilitar el intercambio
de información para luchar contra el problema global del lavado de dinero.

5- Las instituciones financieras deben poner en práctica o crear nuevos procedimientos de cumplimiento
prácticos y corrientes; un proceso de formación educativo bien aconsejado con programas de conformidad
comprensibles y poderosos para todos los empleados es encomendado ahora según la ley.

Intermex tiene un Oficial de BSA y Regulador de Cumplimiento que actualizará el programa BSA y los
procedimientos del Acta Patriota de los Estados Unidos del 2001 de una forma regular para codificar
nuevas enmiendas. Este manual ayudará a Intermex a permanecer conforme al Acto de Lavado de
Dinero y otras regulaciones federales y estatales que están relacionadas con transmisores de dinero y
vendedores de instrumentos monetarios. Además, el Oficial de Cumplimiento investigará y hará
seguimiento a todas las cuestiones reguladoras y leyes a fin de proteger Intermex de ser usado por
cualquier actividad ilegal. El Oficial de Cumplimiento mantendrá y requerirá la información de todo el
personal de la compañía y los agentes de Intermex.

En caso del incumplimiento por una institución financiera, § 363 del Acta Patriota permite que el Secretario
de la Tesorería imponga a cualquier institución financiera que viola ciertas secciones enumeradas una pena
monetaria de hasta dos veces la cantidad de la transacción, no mayor de un millón de dólares. Esta pena civil
es complementada por una pena criminal codificada como 31 USC § 5322 (d) que permite al gobierno
imponer una multa de hasta dos veces la cantidad de la transacción por violaciones criminales del acto.

6- Las instituciones financieras deben proveer entrenamientos y/o educación a su personal y agentes
autorizados.

Intermex impartirá periódicos entrenamientos a sus empleados y agentes autorizados para asegurar
que la compañía este en cumplimiento con la regulación federal y estatal con el propósito de prevenir el
lavado de dinero y financiamiento terrorista.

7- Las instituciones financieras deben implementar una revisión independiente para monitorear y mantener un
adecuado programa contra el lavado de dinero.

Intermex ha implementado un proceso de revisión independiente, como requerido por el Acta Patriota
de los Estados Unidos Titulo 31 CFR 103.125. Esta revisión esta diseñada para evaluar y determinar
que la política, procedimientos y controles internos de Intermex son efectivos y aseguran el
cumplimiento con la ley y las regulaciones. La frecuencia de la revisión será una vez por año.

Rev 030510 3

This document is property of Intermex Wire Transfer, LLC. – Reproduction is prohibited


OFICINA DE CONTROL DE ACTIVO EXTRANJERO (OFAC)
POLITICA Y PROCEDIMIENTOS

La Oficina del Control de Activos Extranjeros (OFAC) del Departamento del Tesoro administra y aplica
sanciones económicas basadas en la política exterior de los Estados Unidos y de seguridad nacional que atacan
ciertos gobiernos, grupos terroristas, narcotraficantes internacionales y todos aquellos que estén tras el desarrollo
de armas de destrucción en masa.

Intermex ha implementado un sistema de filtros OFAC que protege a la empresa de los individuos que son
específicamente designados como personas o entidades bloqueadas que el gobierno de los Estados Unidos considera
peligroso y ha decidió sancionar.

Todas las transacciones de envío pasan a través del filtro, ya sea al entrar o salir de los Estados Unidos. El sistema
de OFAC inmediatamente detecta una similitud y transfiere la transacción a un archivo especial que es revisado por
el Departamento de Cumplimiento. Por consiguiente, el Departamento de Cumplimiento utiliza un sistema de
rastreo OFAC independiente donde la posible similitud es examinada contra la información detallada, incluyendo
homónimos que se mantienen en la base de datos del gobierno.

Si la similitud resulta negativa, la transacción será procesada inmediatamente, y el envío llegara a su destino. Si el
sistema detectara una persona bloqueada, Intermex deberá bloquear la transacción y seguir los reglamentos y
regulaciones estipuladas por la Oficina del Control de Activos Extranjeros. Tres de los más importantes son como
sigue: 1) Cualquier transacción que ha sido bloqueada o rechazada debe ser reportada a OFAC dentro de diez días
laborales; 2) Un informe anual de toda propiedad bloqueada al 30 de junio deben enviarse antes del 30 de
septiembre de cada año; 3) OFAC requiere la retención de todos los informes y archivos de transacción bloqueados
o rechazados durante cinco años.

Intermex monitorea cambios en la lista de ciudadanos, especialmente designados o personas bloqueadas por la
Oficina del Control de Activo Extranjero. El sistema de Intermex automáticamente recupera, cada día, la última
versión de la lista de OFAC de la página de internet del Departamento del Tesoro de los Estado Unidos. Esta por su
parte es usada para actualizar nuestra lista y filtro interno. Diarias actualizaciones se realizan a las 5 A.M., y
consisten en actualizar cualquier nuevo desarrollo de política en cuanto a OFAC así como cambios a la lista maestra
de ciudadanos especialmente designados y personas bloqueadas.

Además de filtrar todas las transacciones de dinero, nombres de individuos que compran money orders que suman
$3,000 o más son filtrados contra la lista de OFAC por posibles similitudes.

Intermex también ha implementado una política y procedimientos para filtrar a través de la lista de OFAC al nuevo
personal de Intermex antes de ser empleados. Asimismo, nombres de prospectos agentes autorizados y directores,
y/o dueños de corresponsales extranjeros son filtrados antes de firmar acuerdos contractuales con Intermex. Estos
procedimientos son repetidos periódicamente para actualizar registros internos y descartar posibles similitudes
contra la lista de OFAC.

Rev 030510 4

This document is property of Intermex Wire Transfer, LLC. – Reproduction is prohibited


POLITICA DE CONOZCA A SU CLIENTE

VERIFICACION DE LA IDENTIDAD DEL CLIENTE

La Política “de Conocer a Su Cliente” como promulgado en 31CFR103, es la política declarada de


Intermex, juntos con los estándares correspondientes y los procedimientos para poner en práctica dicha
Política.

Clientes
Intermex es conciente que la aplicación de la política de "Conocer a Su Cliente” es uno de los medios más
eficaces de prevenir la exposición a clientes potenciales que tienen la intención de usar nuestros servicios
financieros para objetivos ilícitos. Los objetivos específicos de esta Política son:

• Reforzar nuestro Programa de Cumplimiento y maximizar nuestros esfuerzos para asegurar el


cumplimiento con ambas leyes e intentar aplicar todas las leyes de los Estados Unidos y del estado
de la Florida, y con todas reglamentaciones promulgadas acerca de esto

• Asegurar la legítima adherencia y reconocimiento de las leyes financieras.

• Proteger el buen nombre y la reputación de nuestra institución financiera.

• Demostrar nuestra buena voluntad y nuestro alto nivel de competencia de servicio al cliente.

Es la Política de Intermex usar “esfuerzos razonables” para averiguar la identidad verdadera de clientes
individuales y/o el objetivo comercial indicado de cada empresa comercial que solicita hacer transacciones
comerciales con Intermex. Intermex se compromete a este principio con una serie de procedimientos
establecidos para este fin.

Procedimientos para Abrir una Agencia

Intermex conduce la investigación debidamente diligenciada en agencias potenciales antes de su aprobación


de conducir el negocio como un agente de Intermex. La investigación consiste en adquisición y verificación
de la documentación legal, comercial, y personal de los dueños principales de la entidad comercial. El fracaso
del agente potencial para proporcionar cualquiera de la información solicitada o el descubrimiento del crédito
negativo marca suficiente información para negar la Aplicación de la Agencia. El agente potencial debe
proporcionar la siguiente información:

1. Someter un Certificado de Incorporación u otra autorización aplicable para conducir un negocio bajo el
nombre comercial

2. Someter una lista de propietarios del negocio y proporcionar un comprobante de propiedad de entidad o
negocio. En el caso de que sea un solo propietario, será requerido comprobante de propiedad de la
entidad o negocio u otra documentación aplicable.

3. Someter documentación del arriendo del local, donde el agente conducirá el negocio. En caso que el ser
dueño de la propiedad comercial, un documento de la propiedad será solicitado.

Rev 030510 5

This document is property of Intermex Wire Transfer, LLC. – Reproduction is prohibited


Intermex conducirá las siguientes búsquedas:

1. Crear el Informe de Historia para determinar un resultado de crédito y el modelo de riesgo.

2. Búsqueda de Archivos Públicos para historial de juicios, embargos preventivos y otros artículos legales.

3. Búsqueda de Fondo Criminal para obtener historias criminales exactas.

4. OFAC

Procedimientos para Agencias Aprobadas

Una vez que el agente es aprobada Intermex conducirá los procedimientos siguientes para asegurar el
cumplimiento apropiado con regulaciones de Anti-lavado de dinero, Acta de Sigilo Bancario y otras
exigencias que se aplican al agente como institución financiera.

1. Conducir el entrenamiento del agente y sus empleados sobre el Acta de Sigilo Bancario y otras
obligaciones de Anti-lavado de dinero que corresponden al agente.

2. Entrenar nuevamente a los Agentes y sus empleados que muestran debilidad en la aplicación de política y
procedimientos de cumplimientos establecidos.

3. Cancelar agentes que han demostrados fracaso en seguir las políticas de Cumplimiento Federal, Estatal, o
institucional y sus procedimientos

4. Reportar cualquier caso de Actividad Sospechosa que implica al agente al Departamento Estadounidense
de la Tesorería

Procedimientos para Terminar a un Agente

Intermex se reserva el derecho de terminar a un agente por desobedecer con las políticas de cumplimiento
institucionales de cualquier ley de Anti-lavado de dinero y procedimientos, o violación de cualquier sección
del Acuerdo de Agencia. Sobre el descubrimiento de cualquiera de las violaciones ya mencionadas, Intermex
expedirá una carta de terminación al agente documentando los motivos de la terminación. Esta carta también
servirá como aviso al agente para hacerles saber que ya no estarán autorizados a proporcionar servicios de
Intermex o usar cualquier material de Intermex para solicitar negocio.

Rev 030510 6

This document is property of Intermex Wire Transfer, LLC. – Reproduction is prohibited


POLITICA DE CONOZCA A SU CORRESPONSAL

DILIGENCIA DEBIDA

A fin de estar en cumplimiento y asegurar nuestro compromiso de mantener un programa de Anti-lavado de


dinero eficaz, Intermex requiere que todos los corresponsales extranjeros presenten información necesaria de
crear suficientemente un perfil que nos ayudará a asegurar el cumplimiento por Anti-lavado de dinero
pertinente, BSA y leyes de Acto de Patriota estadounidenses y regulaciones.

Intermex requiere de sus corresponsales un mínimo de la siguiente información:

1. Copia de licencia para funcionar como requerido por la administración municipal.

2. Copia de última inspección de cumplimiento por una agencia del gobierno supervisora, o copia de
una auditoria de cumplimiento externo.

3. Copia de programa de Anti-lavado de dinero.

4. Referencias bancarias y comerciales (opcional).

5. Copia de certificado de buen comportamiento y documentos corporativos.

6. Copia de últimas declaraciones financieras anuales revisadas (opcional).

7. Copia de últimas declaraciones financieras interinas (opcional).

8. Nombre de principales /accionistas.

9. Identificación de principales /accionistas.

10. Nombre e información de contacto del Oficial de Cumplimiento.

Esta información será archivada y actualizada regularmente. Intermex es responsable de asegurar el


cumplimiento por todas las leyes de Anti-lavado de dinero en las regulaciones estatales y federales. En caso
de que no cumplan, Intermex reserva el derecho de terminar todos los acuerdos de operaciones con el
corresponsal extranjero.

Rev 030510 7

This document is property of Intermex Wire Transfer, LLC. – Reproduction is prohibited


SEÑALES DE ALERTA

Intermex ha preparado esta guía de posible lavado de dinero como un instrumento para Agentes y/o
Representantes para identificar transacciones y/o individuos que pueden parecer sospechosos.

Cualquier transacción que parece ser sospechosa NO debe ser completada y debe ser inmediatamente
transferida al Oficial de Cumplimiento de Intermex, por teléfono y confirmada por fax o correo. Además, si la
transacción o la actividad parece representar estructuración con el propósito de evadir el reporte de Acta de
Sigilo Bancario (BSA) o registro que guarda información, y como detallado en Intermex’ “Informes de
Transacción Monetarios – Programa de Cumplimiento”, hay una causa de creer que esto es un posible lavado
de dinero u otra actividad criminal o extraña, la transacción debe ser reportada como una Transacción
Sospechosa a la agencia del gobierno apropiada. Por favor refiérase al Programa de Cumplimiento de
Intermex para archivar la información. Si un SAR es archivado, una copia debe ser enviada al Oficial de
Cumplimiento de Intermex.

1. Las Señales de Alerta en cuanto a la información proveída:


ƒ El ID proporcionado al Agente parece ser falso
ƒ La foto en el ID no concuerda con la apariencia del cliente.
ƒ El nombre en el ID no concuerda con el nombre del cliente en la aplicación
ƒ El empleo (ocupación) no es verificable.
ƒ El teléfono de casa esta desconectado o la persona no es conocida en el número dado.
ƒ El cliente no quiere proporcionar la información requerida.
ƒ El cliente intenta reducir la cantidad de la transacción cuando la documentación adicional o
específica o la información es solicitada
ƒ El cliente, cuando cuestionado, no puede o no proporciona el origen de los fondos

2. Señales de Alerta en cuanto a cantidades y frecuencia de órdenes:


ƒ El cliente con frecuencia envía sumas grandes de dinero al extranjero
ƒ El cliente esta “De Paso” y quiere enviar sumas grandes de dinero al extranjero
ƒ El cliente intenta enviar una cantidad de dinero excepcionalmente grande a una ciudad o
estado que es muy diferente de su residencia, con ninguna razón convincente.
ƒ El cliente paga por una transacción alta de dinero con muchos billetes de baja
denominación

3. Señales de Alerta en cuanto a posible estructuración:


ƒ Órdenes múltiples con el mismo remitente o el beneficiario, o ponen el mismo número de
teléfono y dirección para un beneficiario, o acumulan $3,000 dólares durante el mismo día,
o son pedidas por personas diferentes que han llegado juntos, a diferente personas, con una
combinación similar de identidades, dirigidas a sitios diferentes en la misma área, por
cantidades similares, o una combinación de varias condiciones ya mencionadas.
ƒ Transacciones múltiples realizadas al mismo área a diferentes beneficiarios por diferentes
remitentes pero que todo caen dentro de un patrón o práctica en una base continua
(diariamente, semanalmente, mensualmente, etc.) por cantidades de dinero similares por
debajo de 2,000 dólares que Intermex tiene asignado.
ƒ El cliente hace muchas preguntas sobre el reporte CTR y otras exigencias de Anti-lavado
de dinero con la aparente intención de evadirlos.
ƒ El cliente trata de conducir transacciones bajo dos o más nombres

Estos ejemplos de posible actividad criminal deben ser accesibles y explicados a fondo a todos los
empleados de los Agentes

Rev 030510 8

This document is property of Intermex Wire Transfer, LLC. – Reproduction is prohibited


REPORTES DE TRANSACCIONES MONETARIAS

Reporte de Transacción Monetaria en efectivo


CTR FinCen forma 104

El Departamento de Tesorería requiere que Intermex, y/o sus Agencias y Representantes archiven un informe
por cada transacción que implique una cantidad de dinero de más de 10,000 dólares. Esta forma es usada
para reportar transacciones monetarias en efectivo:

CTR FinCen Forma 104

• Propósito de CTR

El objetivo principal de reportar transacciones monetarias es para proporcionar a las agencias de la ley un
modo de rastrear y prevenir de aquellos envueltos en actividades financieras ilegales de usar Intermex para
lavar dinero en efectivo obtenido ilegalmente de la venta de drogas, mercancía robada, juego de azar, etc.
Este no implica que las transacciones en efectivo de más de $10,000 dólares sean ilegales; la mayor parte de
transacciones más de 10,000 dólares en dinero efectivo son hechas por motivos legítimos. El hecho que se
requiere un CTR no refleja la legalidad de la transacción o el carácter del individuo que inicia la transacción.

• Usos de un CTR

El CTR tiene un grado alto de utilidad en investigaciones reguladoras en criminalidad e impuesto. La


información de CTRs es usada en investigaciones de procedimientos criminales y financieros.

• Cuando se requiere un CTR

Se requiere que Intermex reporte todas las transacciones monetarias que implican más de $10,000 dólares por
o para cualquier persona en un mismo día. Transacciones monetarias múltiples en la misma jornada laboral
deben ser tratadas como una sola transacción; si la institución tiene el conocimiento que ellos son por y/o para
la misma persona. Para reportar, debe haber una transferencia física de dinero en efectivo de una persona a
otra.

Una transacción, sea una transferencia de fondos por medio de cheque, letra bancaria, u otra orden escrita, y
no incluye la transferencia física del dinero, no es una transacción reportable.

• Ejemplo de transacciones monetarias

Los siguientes son ejemplos para la preparación y archivo de un CTR:

1. Un cliente remite o recibe más de $10,000 dólares en dinero efectivo de una o varias fuentes en un día
laboral.

2. El cliente desea cambiar más de $10,000 dólares en efectivo por billetes de menor o mayor cantidad

3. El cliente realiza varias transacciones en efectivo que dan un total de $10,000 en un mismo día laboral

Rev 030510 9

This document is property of Intermex Wire Transfer, LLC. – Reproduction is prohibited


• Transacciones reportables

Las transacciones reportadas incluyen, pero no son limitadas a:


¾ Transferencia de giros
¾ Venta de Giros postales

• Transacciones Monetarias Múltiples

Intermex tratará transacciones monetarias múltiples como una sola transacción; si Intermex tiene el
conocimiento de que son por o de parte de una persona y exceden $10,000 dólares en cualquier día laboral.
Siempre y cuando un empleado tenga el conocimiento de transacciones múltiples por o para una persona, esta
información constituirá conocimiento en representación de Intermex. Esfuerzos razonables deberían ser
hechos para identificar todas agregaciones de transacción múltiples que exceden $10,000 dólares, y es, por lo
tanto, transacción reportables.

• Instrumentos monetarios

Como requerido por el Acta de Secreto Bancario (BSA), Intermex mantendrá por un periodo de cinco (5)
años un Registro de Instrumentos Monetarios por la venta de instrumentos monetarios como giros postales y
cheques viajeros que implican dinero en cantidades de 3,000 dólares a 10,000 dólares inclusive. Por esta
razón, la forma de Intermex “High Transaction Form/Money Order Log” será llenada y presentada en una
manera oportuna con la siguiente información.

1. Nombre y dirección del comprador.


2. Número de seguro social del comprador. Si el comprador es un extranjero y no tiene un número de seguro
social, obtener el número de identificación de extranjería Alíen No.), un número de pasaporte, o el número
de permiso de conducir.
3. Fecha de nacimiento del comprador.
4. Si el individuo compra los instrumentos de parte de otra persona o entidad, el nombre, dirección, seguridad
social, o número de identificación de contribuyente, debe ser obtenido y registrado.
5. Fecha de compra.
6. Oficina/Agencia donde fue comprado.
7. Números de serie de todos los instrumentos comprados.
8. Cantidad en dólar de cada instrumento comprado.
9. Método de verificar identidad y obtener documentación de identificación específica. (La fotocopia de una
identificación deberá ser guardada en el archivo).

Documentos de identificación aceptables son:

™ Licencia de Conducir o Tarjeta de Identificación de USA


™ Permiso de Trabajo de USA
™ Tarjeta de Residencia de USA
™ Tarjeta Militar de USA
™ Pasaporte
™ Otro documento oficial con Fotografía (ya sea extranjero o doméstico)

Si la documentación no es de USA, el país de emisión debe ser escrito al lado de la identificación.

La compra de los mismos tipos o diferentes instrumentos de un total $3,000 dólares o más debe ser tratado
como una transacción, cuando hay conocimiento de ventas múltiples y presentar forma correspondiente.

Para transacciones de mas de $10,000 en efectivo la forma CTR FinCen Forma 104 será completada.

Rev 030510 10

This document is property of Intermex Wire Transfer, LLC. – Reproduction is prohibited


• Procedimiento para determinar el fallo de la agencia de suministrar Forma 1025 o un
High Transaction Log es la siguiente:

1. Un Informe de Agente en Sospecha, que muestra bloques de instrumentos monetarios vendidos al mismo
cliente dentro de una cantidad corta del tiempo debe ser preparado y dado al oficial de cumplimiento
diariamente para la revisión.
2. Si el agente no ha proporcionado una forma interna Intermex 1025 o el High Transaction Log, la agencia
será llamada y cuestionada en cuanto a si el mismo cliente compró los instrumentos monetarios.
3. En caso de ser el mismo cliente, las formas correspondientes son solicitadas inmediatamente.
4. En el instante que la agencia informa a Intermex que clientes diferentes compraron los giros postales,
Intermex investigará los instrumentos monetarios al final de mes después de que se haya procesado el
pago. La investigación se concentrará, si la misma persona recibió los giros postales. Si se verifica que el
mismo individuo presentó los giros postales a cobrar, la agencia recibirá la primera de dos advertencias
escritas por parte del oficial de cumplimiento, basado en el fallo de cumplir con regulaciones federales así
como citación del acuerdo de apertura de Agencia. Sobre la segunda violación, Intermex terminará la
relación con el derecho concedido al acuerdo en el momento de apertura de agencia.

• Transferencias

Por cada transferencia de dinero recibida por Intermex, la información requerida por las regulaciones que
ponen en práctica el Acta de Sigilo Bancario, se obtendrá y archivara en la manera requerida y por un período
de 5 años. Adicionalmente, para cada transferencia de dinero iniciada desde el Estado de Oklahoma por
$1,000 o más, Intermex mantendrá toda la información requerida por lo menos por un periodo de 3 años así
como lo estipula el Departamento de Banca del Estado de Oklahoma. Toda información será registrada en la
Forma de Intermex 1025 presentada en el momento del pago de la transmisión u orden de transmisión,
adjunto con una identificación válida.

Una copia de identificación valida se mantendrá en los archivos junto con la siguiente información

La información siguiente debe ser obtenida:

1. Nombre y dirección del creador


2. Tipo de identificación presentada y examinada, como:
Permiso de conducir, Carné de Identidad Estatal, número de Seguridad Social, Carné de Identidad
Extranjero, Número de Pasaporte y País de Emisión, Cedula, u otra identificación oficial, con fotografía
3. Cantidad de orden de pago
4. Fecha de Ejecución
5. Instrucciones de Pago recibidas con orden de pago incluyendo:
Nombre y dirección de beneficiario.
Cualquier otra información perteniente al beneficiario como especifica en la orden de pago.

Todo registro requerido y guardado, como encomendado por el Acta de Sigilo Bancario por transacciones
monetarias se aplican a transferencias de dinero. Un reporte para transacciones en efectivo entre $3,000
dólares y $10,000 dólares inclusive será conservado, y un CTR será llenado para todas las transacciones en
efectivo de más de $10,000 dólares. Los Informes de Actividad Sospechosos (SAR) serán archivados de
acuerdo con las pautas proporcionadas bajo los términos aquí establecidos

Rev 030510 11

This document is property of Intermex Wire Transfer, LLC. – Reproduction is prohibited


• Reporte de Actividades Sospechosas – SAR-MSB FinCen Form 109

Se requiere que Intermex archive un Reporte de Actividad Sospechosa (SAR-MSB) para transacciones que
agregan $2,000 dólares o mas, que implican Lavado de dinero potencial o violaciones del Acta de Sigilo
Bancario. Cualquier transacción conducida, o que intenta, o por medio de Intermex e implique una
agregación de $2,000 dólares o más en fondos u otros activos, si Intermex sabe, sospecha, o tiene razón de
sospechar que:

1 La transacción implica fondos provenientes de actividades ilegales, o tratan de esconder o disfrazar


fondos o activos sacados de actividades ilegales (incluyendo sin limitación, la propiedad, naturaleza,
fuente, posición, o control de tales fondos o activos) como parte de un plan de violar o evadir
cualquier ley o regulación o evitar el reporte de la transacción conforme a la ley Federal.

2. La transacción es diseñada para evadir cualquier regulación promulgada conforme al Acto de Sigilo
Bancario.

3. La transacción no tiene ningún negocio u objetivo legal aparente, o no es la clase de negocio en el


que el cliente trabaja, y la institución financiera no sabe de ninguna explicación razonable de la
transacción después de examinar los comprobantes disponibles, incluso el objetivo y propósito de la
transacción.

El Acta de Sigilo Bancario requiere la clasificación de un Reporte de Transacción Monetario (CTR) siempre
que una transacción monetaria exceda $10,000 dólares. Si una transacción monetaria excede $10,000 dólares
y es sospechosa, ambos un CTR y un SAR (Reporte de Actividad Sospechosa) debe ser archivado. Si la
transacción sospechosa iguala o es menor de $10,000 dólares, sólo un SAR debería ser archivado.

• Ejemplos de Transacciones Sospechosas

Lo siguiente son varios ejemplos de transacciones sospechosas:

1. Un cliente reduce una transacción en efectivo de $15,000 dólares a $9,000 dólares después de que
usted informa que un CTR debe ser archivado.

2. Un pequeño negocio local hace transacciones entre $9,000 dólares y $9,500 dólares en el dinero
efectivo cada día, y usted sabe que el negocio no genera esa cantidad de efectivo. Un cliente, que
usted conoce o sospecha esta implicado en un negocio ilegal hace transacciones de $9,500 dólares en
dinero efectivo varias veces por semana.

3. Dos o más individuos, que están obviamente juntos, conducen transacciones en efectivo por menos
de 10,000 dólares, cada uno.

4. Un cliente cambia pequeñas cuentas de denominación ($5, $10s, $20s) para cuentas de
denominación grandes ($50s, los años $100).

5. Un negocio que no es normalmente intensivo en efectivo de repente aumenta las transacciones en


efectivo

6. Un cliente inicia un número grande de giros que no son consecuentes con el uso ordinario de su
dinero

Éstos son sólo unos ejemplos de transacciones sospechosas.

Cualquier transacción en efectivo de $2,000 dólares o mas que parezca sospechosa debe ser reportada con un
SAR Fincen Form 109(Reporte de Actividad Sospechosa) a la dirección postal siguiente, o como realizado
por Intermex via electrónica a http://bsaefiling.FinCEN.treas.gov/main.html

Rev 030510 12

This document is property of Intermex Wire Transfer, LLC. – Reproduction is prohibited


Enterprise Computing Center Detroit– Attn: SAR-MSB
P.O. Box 33117, Detroit, MI 48232-5980

• Estructuración y Lavado de Dinero

Es un delito Federal estructurar transacciones. La “estructuración” en nombre de otras personas, conduce o


intenta conducir una o mas, es considerada de cuando una persona actuando sola, o en conjunto con, o con
transacciones en efectivo, en cualquier cantidad, en una o varias Agencias o en diferentes instituciones
financieras, durante uno o varios días, en cualquier manera para la evasión del reporte de BSA o
requerimiento de registro. Es también un delito el asistir a un cliente en la estructuración de una transacción.
Si el Agente sospecha que un cliente estructura transacciones, pero se hace no notar la actividad y no hace
preguntas sobre la proveniencia del dinero, el Agente puede ser encontrado culpable de la estructuración.

Ejemplos:

™ Juan Gracia lleva $2,000 dólares en efectivo y pide enviar el dinero a Carmen Vera en Colombia.
Al día siguiente Sr. Gracia lleva $2,000 dólares en efectivo y pide enviar el dinero a Jorge Vera
en Colombia. Juan Gracia puede intentar evadir el Registro de Transferencia Monetaria de BSA
de registros que se conservan. Si el Agente determina que Sr. Gracia estructura transacciones, él o
ella no debe completar la transacción. Además, el Agente debe seguir los procedimientos para
manejar transacciones sospechosas.

™ El Agente ve que Donna Green y Sue Smith entran en la Agencia juntos y hablando el uno con el
otro. Cada uno entrega menos de 10,000 dólares en dinero efectivo y piden enviar el dinero a
Canadá. Las órdenes solicitadas de Sra. Green y Sra. Smith van a Andrew White con un total de
más de $10,000 dólares. Donna Green y Sue Smith pueden intentar evadir los reportes de
exigencia del CTR. Si el Agente determina que la Sra. Green y la Sra. Smith estructuran
transacciones, él o ella no deben completar las transacciones. Además, el Agente debe seguir los
procedimientos para manejar transacciones sospechosas.

• Estatutos de Lavado de Dinero

Es también un delito Federal para cualquier persona comprometida a sabiendas en cualquier transacción
comercial o financiera o transporte internacional o transmisión de fondos con los beneficios de tráfico de
drogas u otra actividad criminal. El conocimiento puede ser probado demostrando que la persona fue “ciego
voluntariamente” “o deliberadamente indiferente” a la fuente o el origen de los fondos.

Ejemplos:

™ Jack King lleva $49,500 dólares en efectivo y pide enviarlos a su madre en Europa. Él comenta
que él ha obtenido el dinero vendiendo drogas y quiere compartirlo con su madre. El Agente tiene
el conocimiento que los fondos usados para la transferencia son beneficios del tráfico de drogas.
Como el Agente sabe que los fondos son de fondos criminales, él o ella NO deben completar la
transacción. Además, si el Agente completa la transacción que él o ella saben o sospecha que
pueden implicar los beneficios de tráfico de drogas u otra actividad criminal, él o ella pueden ser
culpables de Lavado de dinero.

™ Mark Lee está desempleado. Él pide enviar $15,000 dólares a su padre en Asia. Como esta es una
transacción sospechosa, el Agente debe preguntar al Sr. Lee sobre la fuente de los fondos. Sólo si
el Agente está totalmente satisfecho de que los fondos sean legítimos, puede él o ella completan la
transacción. Si el Agente no hace las preguntas sobre la fuente de los fondos a fin de establecer
que los fondos no son beneficios de la actividad criminal, y los fondos son los beneficios de
tráfico de drogas u otra actividad criminal, puede pensarse que el Agente es voluntariosamente
ciego a la fuente de los fondos. Si el Agente completa la transacción, él o ella pueden ser culpables
del lavado de dinero.

Rev 030510 13

This document is property of Intermex Wire Transfer, LLC. – Reproduction is prohibited


• Procedimientos para Manejar Transacciones Sospechosas

Después de darse cuenta de una transacción o actividad sospechosa, el Agente debe investigar la situación.

1. Si la transacción o la actividad parece representar estructuración para evadir el reporte de BSA o el


registro que guarda exigencias, u otra actividad criminal o extraña y no hay ninguna explicación razonable, la
transacción NO debe ser completada. Además, el Agente debe archivar un informe de SAR de acuerdo con
las exigencias del BSA y políticas y procedimientos de Intermex, y debe enviar una copia del SAR a
Intermex, por fax.

2. Si la transacción o la actividad reportada en un SAR, parece ser parte de un esquema en curso, el


Agente debería considerar notificar, por teléfono al IRS (llamando a la oficina de División de Investigación
IRS/Criminal local o el número de Línea directa IRS, 1-800-CTRS), y debería notificar el Departamento de
Cumplimiento de Intermex.

3. Una transacción que es reportada en un SAR también puede requerir el reporte en un CTR, si esto
implica más de $10,000 dólares en efectivo en una jornada laboral.

4. El Agente no DEBE NOTIFICAR a ninguna persona que esta ha sido reportada en un SAR.

La Política de Acta de Secreto Bancaria, el Programa de Cumplimiento de BSA y los Procedimientos


para la finalización oportuna del Reporte de Transacción Monetario (CTR), Reporte de Actividad
Sospechoso (SAR-MSB), el Reporte de Instrumento Monetario, Reporte de Transferencia de Giros y
Lista de Retención de Registro, realiza el compromiso de Intermex de participar activamente en la
eliminación de lavado de dinero y otros delitos financieros, como requerido según la ley y regulación.

EL NO CUMPLIR CON LOS PASOS YA MENCIONADOS POR PARTE DE ALGUN EMPLEADO


DE INTERMEX, AGENCIAS O REPRESENTANTES PODRÍA SER CAUSA PARA EL DESPIDO
INMEDIATO DEL EMPLEADO, O TERMINACIÓN DEL ACUERDO DE CON LA AGENCIA

Rev 030510 14

This document is property of Intermex Wire Transfer, LLC. – Reproduction is prohibited


INFORME DE TRANSACCIONES EN EFECTIVO (CTR)
PROCEDIMIENTOS

1. LLENANDO UN REPORTE DE TRANSACCIÓN MONETARIA (CTR)

Un Informe de Transacción Monetario (CTR) debe ser diligenciado por el Agente o empleados de la
agencia comprometidos en el procesamiento de una transacción quién recibe o envía un monto superior
a $10,000 dólares en efectivo en un mismo dia. Este informe debe ser archivado en la Forma de 104
FinCen.

Los CTR de FinCen forma 104, serán utilizados y archivados junto con:

Reporte el depósito, el retiro, el cambio de dinero u otro pago o transferencia, por / por medio de Intermex
que implica una transacción de dinero de más de $10,000 dólares (la Sección 103.22 (a) (de 1) de acuerdo al
Registro Financiero de la Tesorería y Reportes monetarios y Regulaciones de Transacciones Monetarias
Extranjeras.

El CTR debe ser completado de acuerdo con las instrucciones gubernamentales dentro de los ya asignados 15
días calendarios después de la creación de la transacción.

Para asegurar el cumplimiento con los requisitos de completar la forma el agente y sus empleados deben:

ƒ Asegurar que todas las secciones de la forma estén correctamente y completamente llenas.
ƒ Hacer una copia de la identificación que se uso para verificar identidad. (i.e. licencia de
conducir, identificación del estado, pasaporte, tarjeta de residencia), y guardar documentos por 5
años.
ƒ Enviar la forma CTR completa, junto con la identificación a la persona designada, Funcionario de
Aprobación, (Dueño de Agencia o Gerente) para verificación y firma de aceptación.

Para asegurar cumplimiento con los requisitos de llenar la forma, el Funcionario de Aprobación, (Dueño de
Agencia o Gerente debe:

ƒ Revisar la parte I del CTR, Sección A y/o B, aplicable, contra documentación que se uso para
completar con exactitud la información.
ƒ Compare y reconciliar cantidades y tipos de transacción(es) contra documentación en la parte III
ƒ Completar y firmar la parte III asegurándose que todos los espacios estén completamente llenos.
ƒ Si el envío del CTR se hace por correo, asegúrese de enviarlo dentro de 15 días calendario a la dirección
abajo mencionada, o en 25 días via electrónica a http://bsaefiling.FinCEN.treas.gov/main.html como
realizado por Intermex.

IRS Detroit Computing Center


Attn: CTR
P.O. Box 33604
Detroit, MI 48232

El CTR(s) DEBE ser completada dentro de los 15 días de plazo de la creación del envió. El Funcionario de
Aprobación es responsable de la clasificación oportuna de CTR(s)

1. Multiple Currency Transactions:

Por propósitos de reporte y completacion, múltiples transacciones monetarias realizadas en el mismo día son
identificadas como una sola transacción, si Intermex tiene conocimiento que son realizadas por o en nombre
de la misma persona.

Rev 030510 15

This document is property of Intermex Wire Transfer, LLC. – Reproduction is prohibited


ƒ “Mismo día laboral” significa un día en el cual una transacción es rutinalmente fijado en la cuenta
del cliente

ƒ “Tiene conocimiento” significa que el conocimiento por parte de un oficial, director, o empleado, o
conocimiento por parte de un sistema existente que permite agregar transacciones, será el conocimiento de
Intermex.

ƒ Por propósito de reportar, el funcionario de aprobación o coordinador designado debe monitorear


todas las transacciones diarias para asegurar que transacciones múltiples no sean realizados por o de parte de
una misma persona la cual exceda una cantidad de $10,000 dólares. Un reporte electrónico o manual debe ser
guardado para los monitoreos diarios.

ƒ CTR(s) por transacciones múltiples que excedan la cantidad de $10.000 dólares deben ser
preparados siguiendo los procedimientos de completacion de CTR en el paso (1) ya mencionado.

3. Instrumentos monetarios.

Ninguna institución financiera, con excepción de un banco, por medio de cada agente, agencia, sucursal u
oficina dentro de los Estados Unidos, puede publicar o vender un cheque o retiro, cheque de caja, cheques
postale o cheque viajero por $3,000 o mas en efectivo amenos de que este mantenga archivos de la
siguiente información, la cual debe ser obtenida por cada emisión o venta de uno o mas de estos
instrumentos a cualquier compra individual, dentro de los $3,000 a $10,000 dls. Compras múltiples por
la misma persona un día laboral debe ser agregado a determinar la cantidad de la transacción.

ƒ Nombre
ƒ Fecha de compra
ƒ Tipo de instrumento
ƒ Numero de secuencia de cada instrumento
ƒ Cantidad en dólares de cada instrumento
ƒ Verificación de identidad del comprador (ver 1 para documentos aceptados).

Para propósitos de conservar registros los siguientes procedimientos deben ser seguidos:
ƒ Los agentes de Intermex deben llenar la forma 1025 “High Transaction Form” para giros de
$3,000dls incluyendo cargos+ y enviar a Intermex junto con una identificación requerida,
ƒ Guardar un reporte diario de compras entre los $3,000 y $10,000 por o en nombre de un individuo.
ƒ Obtener documentos requeridos y guardar copias junto con la forma de transacción alta 1025
ƒ Dar copia de Forma y documentos que justifiquen al funcionario de CTR designado para la revisión
en un tiempo oportuno.

Utilizando los procedimientos en el punto 1 para llenar el CTR, el oficial debe revisar esta información y
agregar transacciones múltiples. Una copia del CTR debe ser enviara al Dept. De Cumplimiento de intermex

Cualquier persona que realice una compra de un giro postal en efectivo excediendo el monto de
$10,000 dls requiere completar la forma de FinCen 104- CTR

4. Transferencias de giros

Cada agente, agencia, sucursal u oficina localizada dentro de los Estados Unidos de una institución
financiera u otra que no sea un banco, esta sujeta seriamente a estos requisitos de transferencias de
fondos in cantidades de $3,000 dólares y más.
Cada orden de transmisión realizada en persona que lo acepta como la institución financiera de un cliente,
una institución financiera debe verificar la identidad del cliente, y obtener y retener ya sea la original, la copia
o registro electrónico y debe guardar un reporte con la siguiente información:

Rev 030510 16

This document is property of Intermex Wire Transfer, LLC. – Reproduction is prohibited


ƒ La cantidad de la orden de transmisión.
ƒ La fecha de ejecución de la orden.
ƒ Instrucciones de pago recibidas por el remitente junto con la orden de transmisión.
ƒ La identidad de la institución financiera del beneficiario.
ƒ Toda la información que se pueda obtener de la orden de transmisión:
- Nombre y dirección del beneficiario.
- Numero de cuenta del beneficiario.
- cualquier otra información especifica sobre el beneficiario.
• La forma completa y firmada de parte de la persona realizando la transacción.
• Copia de la identificación aprobada (ya mencionado en el paso (1)).

Si la transmisión fue aceptada por la institución financiera del cliente y el no estuvo presente, la institución
financiera del cliente* debe obtener y guardar la información de la persona que esta realizando la orden,
como nombre, dirección y teléfono junto con la copia de una identificación expedida por el gobierno.
Si no tiene documentación física, entonces el número de pasaporte y el país de origen o el número de Alien
de registro de extranjeros es necesario, junto con la copia de la información del método de pago. (Cheque o
tarjeta de crédito) será obtenida por la transmisión de fondos.

La forma 1025 de Intermex y el CTR debe ser llenada y enviada a Intermex antes de procesar la
transacción. Las formas deben venir acompañada de copia de una identificación valida y vigente. Las
formas deben estar completas, legibles, fechadas y firmadas, la copia del CTR debe ser enviada por
medio de fax al Departamento de Cumplimiento Legal de Intermex.

*Por propósito de procedimientos, una “institución financiera de un cliente” es la AGENCIA.

Giros para Colombia de $1,000 o acumulados de $1,000 dls dentro un mismo día también requieren de
la forma 1025 y copia de una identificación.

Todos los giros para otros países con excepción de Colombia tienen un limite de $2,000 o acumulados
de $2000 dls en un periodo de un día.

Aparte de estos limites específicos, Intermex hará un análisis de la frecuencia y montos acumulados de
giros por remitente y beneficiario y podría solicitar Forma 1025, identificación y documentos que
soporten las cantidades enviadas.

Cualquier transacción de dinero que exceda el monto de $10,000 requiere la forma de FinCen 104-CTR

INTERMEX NO PROCESARA NINGUNA TRANSACCION HASTA QUE SE RECIBA TODA LA


DOCUMENTACION REQUERIDA.

CUALQUIER ACTIVIDAD SOSPECHOSA DEBE SER REFERIDA AL DEPARTAMENTO DE


CUMPLIMIENTO DE INTERMEX, ADJUNTA CON LA COPIA DE LA EVIDENCIA. LA
AGENCIA DEBE INVESTIGAR Y REPORTAR AL DEPARTAMENTO DE TESORERIA DE USA,
CON LA FORMA FINCEN 109 “REPORTE DE ACTIVIDAD SOSPECHOSA (SAR)”, DENTRO DE
LOS 30 DIAS DEL DESCUBRIMIENTO DE LA ACTIVIDAD SOSPECHOSA. LA FORMA DEBE
SER DIRIGIDA A LA DIRECCION DE * ENTERPRISE COMPUTING CENTER-DETROIT,
ATTN: SAR-MSB, PO BOX 33117, DETROIT, MI 48232-5980 Y COPIA DE ESTE SAR DEBE
ENVIARSE A INTERMEX.*

EL NO CUMPLIMIENTO DE LOS REQUERIMIENTOS DEL ACTA DE SIGILO BANCARIO U


OTRAS REGULACIONES GUVERNAMENTALES DARAN PASO A LA REVISION O
CANCELACION DEL CONTRATO Y ACUERDO DE AGENCIA.

Rev 030510 17

This document is property of Intermex Wire Transfer, LLC. – Reproduction is prohibited


PROGRAMA DE ENTRENAMIENTO DE INTERMEX

Intermex esta comprometido a proveer a sus agentes y/o representantes, entrenamientos sobre el Acta de
Sigilo Bancario, Parte 103 – Retención de Registros Financieros y Reportes de Transacciones Monetarias y
Extranjeras, y otras regulaciones federales pertenientes a Lucha Contra el Lavado de Dinero.

Por este motivo, Intermex ha desarrollado una póliza de BSA y ha preparado un programa de cumplimiento
del Acta de Sigilo Bancario que contiene todos los parámetros por la cual Intermex, sus Agentes y/o
Representantes conducirán sus negocios basados en el acuerdo firmado con Intermex

El siguiente entrenamiento, son procedimientos por parte del programa de Cumplimiento de Intermex:

1. Entrenamiento de Agente y/o Dueño.


El agente/dueño debe completar un entrenamiento ofrecido por el representante de ventas y debe tener un
buen entendimiento de las pólizas y procedimientos de intermex documentado el Manual de referencias.
El agente/dueño recibirá un recordatorio de este curso anualmente, pero recibirá en una forma constante
información sobre asuntos reguladores.

2. Entrenamiento del personal de la agencia.


El agente debe proveer a todos sus empleados con el entrenamiento después de haber entrado a trabajar. En
un periodo anual el agente debe realizar un recordatorio del curso a todos sus empleados, y revisara las
regulaciones y procedimientos (incluyendo la forma 1025, CTR y SAR.) Si las regulaciones y procedimientos
son decretadas, Intermex proveerá nuevo material a la agencia y requerirá que esta información sea
introducida en un corto plazo de tiempo.

3. Entrenamiento de Representantes de Venta y Personal Corporativo.


El Oficial de Cumplimiento entrena a los Representantes de venta y personal corporativo como parte de la
reunión de convención de ventas anual.

4. Entrenamiento a nuevos empleados de Intermex.


Los nuevos empleados debes recibir un entrenamiento tan pronto son contratados por la compañía, y deben
probar que entienden las pólizas y procedimientos para cumplir con las normas del Acta de Sigilo Bancario.

5. Archivos de Entrenamiento.
El agente debe mantener un archive central con los siguientes archivos de entrenamiento y mantener por (5)
años, y tenerlo disponible sobre petición para Intermex, o autoridades gubernamentales de los EE.UU.:

ƒ Material usado para el entrenamiento


ƒ Fecha de entrenamiento
ƒ Lista con las firmas de las personas que estuvieron en la sesión del entrenamiento

Rev 030510 18

This document is property of Intermex Wire Transfer, LLC. – Reproduction is prohibited


RETENCIÓN DE REGISTRO

En el esfuerzo de seguir las reglas y regulaciones del Acta de Sigilo Bancario, Intermex, sus agencias y
representantes de intermex deben seguir las siguientes instrucciones, como aplicable:

Retención de registro:

El Acta de Sigilo Bancario requiere que archivos y documentos de apoyo sean guardados para revisiones
futuras por agencias reguladoras por un periodo de (5) AÑOS. Esta información debe estar guardada de una
manera que sea accesible en un tiempo razonable en caso de una auditoria.

Los archivos pueden consistir en originales, copias o copias de microfilm. Los archivos hechos en el curso
ordinario del negocio pueden ser usados para encontrar estas exigencias. Si no fueron generados por el
cuidado de registro rutinario, los archivos deben estar listos por escrito por el partido(s) que maneja la
transacción (es).

Las reglas del BSA generalmente requiere que información del Acta de Sigilo Bancario sea archivada por un
periodo de 5 anos, amenos que, lo especifique de otra manera, todo cae dentro de estas reglas:

ƒ Forma aduanera 4790 – Reporte de Transporte de instrumentos monetarios o efectivo.


(Departamento de la Tesorería) y documentación acreditable.

ƒ Forma de FinCen 104 – CTR - Reporte de Transacciones Monetarias y documentación acreditable.

ƒ Papeleo – documentos para probar transacciones que sean y no en efectivo de mas de $10,000

ƒ Auditoria de Papeleo – documentos que justifiquen el cumplimiento del CTR

ƒ Un registro de cada instrucción, consejo o petición, recibido o dada en cuanto a una remesa o
Transferencia de fondos, de más de $10,000 dólares, dentro de o fuera de los Estados Unidos.

ƒ Un registro de cada remesa o transferencia de fondos de más de $10,000 dólares a una persona,
cuenta, o lugar, dentro o fuera de los Estados Unidos.

ƒ Todos los reportes de instrumentos monetarios originales ($3,000 dólares a $10,000 dólares,
incluido), reportes de transferencia de giros y CTR(s), archivado durante el día y mes, incluso
documentos que acrediten.

ƒ Forma de FinCen 109 – SAR by MSB - Reporte de Actividad Sospechosa


La copia de cada SAR archivado por el Agente o Representante y todos los documentos acreditables
originales o registro de negocio desde la fecha del SAR.

ƒ Todos los artículos de información contenidos en los sistemas computarizados Intermex.

ƒ Todas las transferencias de giros deben poderse obtener por nombre del remitente, beneficiario o si
la transacción es de parte de un tercero, por el nombre del tercero.

ƒ Material de entrenamiento y registro de asistentes y empleados de la agencia.

EL NO CUMPLIMIENTO DE LOS REQUERIMIENTOS DEL ACTA DE SIGILO BANCARIO U


OTRAS REGULACIONES GUVERNAMENTALES DARAN PASO A LA REVISION O
CANCELACION DEL CONTRATO Y ACUERDO DE AGENCIA.

Rev 030510 19

This document is property of Intermex Wire Transfer, LLC. – Reproduction is prohibited


1 AML/BSA POLICY, PROGRAM
AND PROCEDURES
ENGLISH
BANK SECRECY ACT POLICY

General Guidelines
Intermex has developed a written Anti-Money Laundering program to ensure compliance with the Bank Secrecy
Act, Title III, including all the USA Patriot Act of 2001 amendments to its regulations. Federal laws provides for
severe penalties for persons participating in a violation of 31 CFR Part 103, which covers currency transactions.
This Program particularly applies to all of Intermex Agencies and/or Representatives.

Purpose
The Board of Directors of Intermex understands the necessity for the regulation of large currency transactions and
other record keeping requirements, and has adopted the following policy:

Policy
It is the policy of Intermex to comply with the requirements of the Bank Secrecy Act (BSA), USA Patriot Act of
2001, all regulations of the US Department of the Treasury and the Internal Revenue Service. Therefore, Intermex
has established a system of internal controls to ensure the timely and proper reporting of all currency transactions in
excess of $10,000 on any given day, by or on behalf of any one individual, and will maintain records on all monetary
instruments sold for currency in the amounts of $3,000 to $10,000.

Furthermore, Intermex implements further controls by applying identification requirements thresholds to certain
countries. A lower threshold of $1,000 has been established for money transfers to Colombia and of $2,000 to all
other countries. Additionally, these controls detail procedures to identify multiple currency transactions made by or
on behalf of any one person on any given day, which, when aggregated, exceed the reporting limits, as well as the
detection of suspicious activities that would require the filing of a Suspicious Activity Report (SAR).

The US Department of the Treasury has determined that these records and reports are highly useful in the
investigation of criminal, tax and regulatory irregularities

Intermex has implemented an (OFAC), Office of Foreign Asset Control system in order to detect instances of money
laundering through designated individuals and entities designated as dangerous risks by OFAC. In addition,
Intermex has implemented internal filters based on transactions patterns and individual characteristics to establish an
appropriate, specific and enhanced due diligence policy and procedure to detect and protect against money
laundering in the corporation.

Regulatory Control
As part of its commitment to ensure compliance, Intermex has appointed Mr. Jose A. Perez as Bank Secrecy Act and
Regulatory Compliance Officer. He is responsible for the coordination and monitoring of day-to-day compliance
with the Bank Secrecy Act and other pertinent regulations. This Officer shall also ensure that all of Intermex
employees and agents are trained on the requirements of the Bank Secrecy Act, as well as the recent amendments
proscribed by the USA Patriot Act of 2001 and all other applicable regulations.

Penalties
There are substantial criminal and civil penalties, including fines and imprisonment. This due to failure to comply
with the Bank Secrecy Act (BSA), USA Patriot Act of 2001 and for violating criminal money laundering statutes.

Rev. 030510 1
This document is property of Intermex Wire Transfer, LLC, - Reproduction is prohibited.
BANK SECRECY ACT POLICY
BSA & United States Patriot Act Compliance Overview

The Bank Secrecy Act (BSA) is enforced by the United States Department of the Treasury and is the
regulatory centerpiece of the entire U.S. Money laundering effort. It is a separate and distinct law from the
money laundering laws found in the criminal code of the United States in Title 18 of the U.S. Code. The
BSA’s provision covers every type of financial institution, including money transmitters. Moreover, the U.S.
Department of the Treasury has the authority to designate as a “financial institution” any business “whose
cash transactions have a high degree of usefulness in criminal, tax, or regulatory matters.”

The BSA gives the U.S. Department of the Treasury an extremely broad mandate to issue regulations to
implement its provisions. Under the amendments added by the USA Patriot Act of 2001, the purpose of the
BSA is expanded to include “in the conduct of intelligence or counterintelligence activities, including
analysis, to protect against international terrorism.” (Title 31, USC Sec. 5311 & 5312 (a)(2).

By July 23, 2002, financial institutions must apply “appropriate, specific and where necessary enhanced due
diligence” for all foreign private international correspondent accounts. This will be required for
correspondent bank accounts with offshore banks (commonly banks that do not conduct business with the
currency of that jurisdiction where they are licensed and exist). The special due diligence also applies to
banks from jurisdictions deemed “non cooperative in the international effort to combat money laundering.’

The following is a general summary of further compliance obligations for money transmitting business as
mandated by the USA Patriot Act of 2001;

1- Response within 120 hours to requests of a banking regulator for records relating to anti-money laundering
compliance or customer transactions

The Compliance Department of Intermex Wire Transfer, LLC. is prepared to comply with any
requests of an appropriate banking regulating authority.

2- The U.S. Department of the Treasury has issued SAR regulations for the Securities Industry and requires
Money Transmitters to report suspicious activity.

The Intermex Compliance Department currently researches all transaction for suspicious activity. The
Compliance Department monitors wire activity with tools such as the Office of Foreign Asset Control
(OFAC) filter system, Internal Wire filters, and specific wire activity research. In the event suspicious
activity is uncovered, the compliance officer will comply and follow all federal suspicious activity
reporting requirements.

3- The U.S. Department of the Treasury has set “reasonable procedures” for customer identification at onset
of transactions. Reasonable Procedures include maintaining records used to identify the customer and
consulting a government provided list of known or suspected terrorists.

As aforementioned, Intermex requires proof of identification and biographical information in order to


process wires. Records of high transactions are documented and filed according to federal and state
regulations. In addition, Intermex consults the Office of Foreign Asset Control (OFAC), “OFAC
LIST” to prevent any suspected global terrorists from using our services.

Rev. 030510 2
This document is property of Intermex Wire Transfer, LLC, - Reproduction is prohibited.
4- Financial institutions are required to adhere to the new adopted regulations designed to align the
relationships between the financial services industry. The regulations will force financial institutions,
regulators and law enforcement, to facilitate information sharing on individuals or entities.

Intermex will be prepared to implement any new regulations to facilitate the sharing of information
to fight the global problem of money laundering.

5- Financial institutions must implement or rethink current compliance procedures and practices; a well-
counseled educational training process with understandable and forceful compliance programs for all
employees is now mandated by law.

Intermex has a BSA and Regulatory Compliance Officer who will update the BSA and USA Patriot
Act of 2001 procedures manual on a regular basis as amendments are codified. This manual will
aid Intermex to remain in compliance with the Money Laundering Act and other federal and state
regulations that relate to money transmitters and vendors of monetary instruments. In addition,
the Compliance Officer will investigate, research, and follow up on all regulatory issues and laws in
order to protect Intermex from being used for illegal activity. The Compliance Officer will
maintain and require training of all company personnel and agents of Intermex Wire Transfer,
LLC.

In the case of non-compliance by a financial institution, § 363 of the Patriot Act allows the U.S.
Department of the Treasury to impose on any financial institution that violates certain enumerated
sections a monetary penalty of up to two times the amount of the transaction, not to exceed a million
dollars. This civil penalty is complemented by a criminal penalty to be codified as 31 USC § 5322(d)
which permits the government to impose a fine of up to two times the amount of the transaction for
criminal violations of the act.

6. Financial institutions are required to provide education and/or training to appropriate personnel or
authorized delegates

Intermex is committed to impart periodic trainings and education to its employees and authorized
delegates to insure that the company is in compliance with all state and federal regulatory laws in
order to deter money laundering and terrorist financing.

7. Financial institutions must provide for independent review to monitor and maintain an adequate anti-
money laundering program.

Intermex has implemented an independent review process of the company’s Anti Money
Laundering program, as required by Title 31 CFR Section 103.125 of the USA Patriot Act. This
review is designed to evaluate Intermex’s policies, procedures and internal controls are adequate
and effective to ensure compliance with pertinent laws and regulation. The frequency of the review
shall be once per calendar year.

Rev. 030510 3
This document is property of Intermex Wire Transfer, LLC, - Reproduction is prohibited.
OFFICE OF FOREIGN ASSET CONTROL (OFAC)
POLICY AND PROCEDURES

The Office of Foreign Assets Control ("OFAC") of the US Department of the Treasury administers and
enforces economic and trade sanctions based on US foreign policy and national security goals against targeted
foreign countries, terrorists, international narcotics traffickers, and those engaged in activities related to the
proliferation of weapons of mass destruction.

Intermex has implemented an OFAC filter system that safeguards against those individuals that are specially
designated nationals or blocked persons that the United States government considers dangerous and decided to
sanction. All money transfers flow through the filter, whether leaving or entering the United States. The OFAC
system immediately detects a possible match and transfers the money transfer transaction to a special file that is
reviewed by the Compliance Department. Consequently, the Compliance Department utilizes an independent
OFAC tracker system, where the possible match is reviewed against detailed information of names, including
homonyms in the government database. This information is compared against the information in our wire
system for a match.

If a false positive match is obtained, the money transfer will be immediately released for payment. If a
positive match is verified, Intermex must block the transaction and follow all rules and regulations stipulated
by the Office of Foreign Assets Control. Three of the most important are as follows: 1) Any transaction that
has been blocked or rejected must be reported to OFAC within ten business days; 2) An annual report of all
property blocked as of June 30 is due by September 30 of each year; 3) OFAC requires the retention of all
reports and blocked or rejected transaction records for five years. .

Intermex closely monitors changes to the list of specially designated nationals or blocked persons by the
Office of Foreign Asset Control. Intermex systems automatically retrieve, on a daily basis, the latest version
of the OFAC list from the US Treasury internet site. This in turn is used to update our internal filter list.
Daily updates at 5 A.M. est. consist of any new policy developments regarding OFAC as well as changes to
the master list of specially designated nationals and blocked persons.

As well as all money transfers, name of individuals that purchase money orders for the sum of $3,000 and
over are also screened through OFAC designated list for possible matches.

Intermex has also implemented a policy and procedures to screen through the OFAC list new Intermex’
employees before they are hired. In addition prospect authorized agents and foreign correspondents directors
and/or owners names are also screened before they sign contractual agreements with Intermex. These
procedures are repeated periodically to update internal records and disregard possible matches against the
OFAC list

Rev. 030510 4
This document is property of Intermex Wire Transfer, LLC, - Reproduction is prohibited.
“KNOW YOUR CUSTOMER POLICY”
VERIFYING CUSTOMER IDENTIFICATION

The Policy of “Know Your Customer” as promulgated in 31CFR103, is the declared policy of
Intermex, together with the corresponding standards and procedures needed to implement said Policy.

Customers

Intermex believes that the implementation of a “Know Your Customer” policy is one of the most
effective means of preventing exposure to potential customers who intend to use our financial services for
illicit purposes. The specific objectives of this Policy are:

• Reinforce our Compliance Program and maximize our efforts to ensure compliance with both
the letter and intent of all applicable laws of the United States and of the State of Florida, and
with all regulations.

• Secure adherence to sound and recognized financial practices.

• Protect the good name and reputation of our financial institution.

• Demonstrate our good will and the high level of proficiency of our customer service.

It is the Policy of Intermex to use “reasonable efforts” to ascertain the true identity of individual
customers and/or the stated business purpose of each commercial enterprise that requests to do business
transactions with Intermex. Intermex commits itself to this principle through a set of procedures
established for this purpose.

Procedures to Approve a New Agent

Intermex conducts due diligence research on potential agencies prior to their approval to conduct business
as an Intermex agent. The research consists of acquiring and verifying legal, business, and personal
documentation of the principal owners of the business entity. Failure of the potential agent to provide
any of the requested information or the discovery of negative credit score information will be sufficient
grounds for the denial of the Agency Application. The potential agent must provide the following
information:

1. Submittal of a Certificate of Incorporation or other applicable authorization to conduct business


under the commercial name.
2. Submittal of a list of business owners and their proportionate ownership of the business entity.
In the case of a sole proprietor, additional state registration or other applicable documentation
may be requested.
3. Submittal of a lease of the premises, where the agent will be conducting business. In the event
of ownership of the commercial property, a deed of the property will be requested.

Intermex will conduct the following searches:

1. Credit History Report to determine a credit score and risk model.


2. Public Records Search for histories of civil judgments including liens and other legal items.
3. Criminal Background Search to obtain accurate criminal histories.
4. OFAC screening.

Rev. 030510 5
This document is property of Intermex Wire Transfer, LLC, - Reproduction is prohibited.
Procedures for Approved Agencies

Once the agent is approved Intermex will conduct the following procedures to ensure the proper
compliance with anti-money laundering regulations, Bank Secrecy Act and other requirements that apply
to the agent as a financial institution.

1. Conduct the training of the agent and its employees about Bank Secrecy Act and other anti-
money laundering obligations that pertain to the agent.

2. Retrain Agents and their employees who show weakness in the application of established
compliance policy and procedures.

3. Terminate agents with demonstrated failures to follow Federal, State, or institutional


compliance policy and procedures.

4. Report any instances of Suspicious Activity involving the agent to the U.S. Department of
theTreasury.

Procedures to Terminate an Agent

Intermex reserves the right to terminate an agent for failure to comply with any anti-money laundering
laws, institutional compliance policies and procedures, or violation of any section of the Agency
Agreement. Upon the discovery of any of the aforementioned violations, Intermex will forward a
termination letter to the agent documenting the reasons for the termination. The letter will also serve as
notice that they are no longer authorized to provide Intermex services or use any Intermex materials to
solicit business.

Rev. 030510 6
This document is property of Intermex Wire Transfer, LLC, - Reproduction is prohibited.
“KNOW YOUR FOREIGN CORRESPONDENT POLICY”

DUE DILIGENCE

In order to be in compliance and ascertain our commitment to maintain an effective anti-money laundering
program, Intermex requires that all foreign correspondents submit information deemed necessary to
adequately create a profile that will help us ensure compliance with pertinent anti-money laundering, BSA and
US Patriot Act laws and regulations.

Intermex requires from its correspondence at a minimum the following information:

1. Copy of license to operate as required by the local government.

2. Copy of latest compliance inspection by a supervisory government agency, or copy of external


compliance audit.

3. Copy of written anti-money laundering program.

4. Banking and commercial references (optional).

5. Copy of certificate of good standing and corporate documents.

6. Copy of latest annual audited financial statements (optional).

7. Copy of latest interim financial statements (optional).

8. Name of principals/shareholders.

9. Identification of principal /shareholders

10. Name and contact information of the Compliance Officer.

This information will be filed and updated regularly. Intermex is responsible for ensuring the ongoing
compliance with all state and federal anti-money laundering laws and regulations. In case of non compliance,
Intermex reserves the right to terminate all operating agreements with the foreign correspondent.

Rev. 030510 7
This document is property of Intermex Wire Transfer, LLC, - Reproduction is prohibited.
RED FLAGS

Intermex has prepared this guide of possible money laundering indicators as a tool for Agents and/or
Representatives to identify transactions and/or individuals that may appear suspicious.

Any transaction that appears to be suspicious must NOT be completed and must immediately be referred to
the Intermex Compliance Officer, by telephone and confirmed by fax or mail. In addition, if the transaction or
activity appears to represent structuring to evade Bank Secrecy Act (BSA) reporting or record keeping
requirements, and as detailed in Intermex’ “Currency Transaction Reports – Compliance Program”, there is
cause to believe that it is a possible money laundering or other criminal or unusual activity, the transaction
must be reported as a Suspicious Transaction to the appropriate government agency. Please refer to Intermex
Compliance Program for filing information. If a SAR is filed, a copy must be sent to the Compliance Officer
at Intermex.

1. Red Flags regarding information provided:

ƒ ID provided to Agent appears to be a forgery


ƒ Picture on ID does not match customer’s appearance.
ƒ Name on ID does not match customer’s name on application
ƒ Employment (occupation) is not verifiable
ƒ Home phone is disconnected or person is not known at number given
ƒ Customer does not want to provide required information
ƒ Customer attempts to reduce amount of transaction when additional or specific documentation
or information is requested
ƒ Customer, when questioned, cannot or will not provide source of funds

2. Red Flags regarding amounts or frequency of orders:

ƒ Customer frequently sends large sums of money overseas


ƒ Customer is “In Transit” and wants to send large sums of money overseas
ƒ Customer attempts to send an unusually large amount of money from a city or state that is
different from his residence, for no apparent reason
ƒ Customer pays for a large dollar transaction with many small denomination bills

3. Red Flags regarding possible structuring:

ƒ Multiple orders name the same sender or beneficiary, or list the same telephone number or address
for a beneficiary, or aggregate to $3,000 on the same day, or are ordered by different people that
arrive together, to different people, with a combination of similar identities, addressed to different
places in the same area, for similar amounts, or a combination of several of the above conditions.
ƒ Multiple transactions made to the same area to different beneficiaries by different senders but that all
fall within a pattern or practice on a continuous basis (daily, weekly, monthly, etc.) for similar
amounts of money under Intermex $2,000 threshold.
ƒ Customer asks many questions about CTR filing and other anti-money laundering requirements with
the apparent intention of evading them.
ƒ Customer tries to conduct transactions under two or more names.

These examples of possible criminal activity must be made accessible and thoroughly explained to all
Agents’ employees.

Rev. 030510 8
This document is property of Intermex Wire Transfer, LLC, - Reproduction is prohibited.
FILING REPORTS
CREATING AND RETAINING RECORDS

Currency Transaction Report


CTR FinCen Form 104

The U.S. Department of the Treasury requires Intermex, and/or its Agencies or Representatives, (Intermex) to
file a report for each transaction involving currency of more than $10,000. One form is predominantly used to
report currency transactions:

FinCen Form 104

• Purpose of a CTR

The main purpose of reporting currency transactions is to provide law enforcement agencies a way to track or
prevent those engaged in illegal financial activities from using Intermex to launder cash obtained illegally from
the sale of drugs, stolen merchandise, gambling, etc. This does not imply that cash transactions over $10,000
are illegal; most transactions over $10,000 in cash are done for legitimate reasons. The fact that a CTR is
required does not reflect in the legality of the transaction or on the character of the individual initiating the
transaction.

• Uses of a CTR

The CTR has a high degree of usefulness in criminal, tax, and regulatory investigations and proceedings.
Information from CTRs is used in criminal and tax investigations and prosecutions.

• When is a CTR Required

Intermex is required to report all currency transactions that involve more than $10,000 by or for any one person
on any one-business day. Multiple currency transactions on the same business day are to be treated as a single
transaction if the institution has knowledge that they are by and/or for the same person. To be reportable, there
must be a physical transfer of currency from one person to another.

A transaction, which is a transfer of funds by means of bank check, bank draft, or other written order, and does
not include the physical transfer of currency, is not a reportable transaction.

• Examples of Currency Transactions

The following are examples requiring the preparation and filing of a CTR:

1. A customer remits or receives more than $10,000 in cash from one or several sources in one business day.

2. A customer wants to exchange more than $10,000 in cash for smaller or larger bills.

3. A customer makes several cash transactions that total more than $10,000 in a business day.

Rev. 030510 9
This document is property of Intermex Wire Transfer, LLC, - Reproduction is prohibited.
• Reportable Transactions

Reportable transactions include, but are not limited to:

¾ Wire Transfers
¾ Sales of Money Orders

• Multiple Currency Transactions

Intermex shall treat multiple currency transactions as a single transaction if Intermex has knowledge
that they are by or on behalf of any one person and they exceed $10,000 on any one-business day.
Whenever an employee has knowledge of multiple transactions by or for a person, this information
constitutes knowledge on behalf of Intermex. Reasonable effort should be made to identify all multiple
transaction aggregations that exceed $10,000, and that are, therefore, reportable transactions.

• Monetary Instruments

As required by the BSA, Intermex will maintain for the period of five (5) years a Monetary Instruments
Log for the sale of monetary instruments such as money orders and travelers checks which involves
currency in amounts of $3,000 to $10,000 inclusive.

Intermex’s form “High Transaction Form/Money Order Log” must be submitted in a timely fashion
with the following information:

1. Name and address of the purchaser.


2. Social Security number of the purchaser. If the purchaser is an alien and does not have a social
security number, obtain the alien identification number, a passport number, driver’s license
number or ITIN (Individual Tax Identification Number)
3. Date of birth of the purchaser.
4. If the individual is purchasing the instruments on behalf of another person or entity, the name,
address, social security or ITIN number, must be obtained and recorded.
5. Date of purchase.
6. Office/Agency where purchased with Agent’s signature
7. Serial numbers of all instruments purchased.
8. Dollar amount of each instrument purchased.
9. Method of verifying identity and specific identifying documentation obtained. (Photocopy of one
item should be kept on file).

Acceptable identification documents are:

™ U.S. Valid Driver’s License or State Identification Card


™ U.S. Employment Authorization Card
™ U.S. Resident Alien Card
™ U.S. Military Card
™ Passport
™ Other official document with Photograph (whether foreign or domestic)

If the documentation is not from the USA, country of issuance must be noted alongside.

IMPORTANT NOTE:
Purchase of the same or different types of instruments totaling $3,000 or more must be treated as
one transaction when there is knowledge of the multiple sales. Multiple sales must be noted as
such on the log.

Rev. 030510 10
This document is property of Intermex Wire Transfer, LLC, - Reproduction is prohibited.
• Procedure to determine failure of agency to file High Dollar Transaction Form is as follows

1. An Agent Suspicion Report, which shows blocks of monetary instruments of $500 more 6 times in
sequence or within a short amount of time is prepared and handed to the Compliance Officer daily for
review.

2. If the agent has not provided a High Dollar Transaction Form, the agency will be called and questioned
as to whether the same customer bought the monetary instruments.

3. In the event, it was the same customer, the appropriate forms are requested immediately.

4. In the event, the agency informs Intermex that different customers purchased the money orders,
Intermex will investigate the monetary instruments at the end of the month after payment is tendered.
The investigation will focus on whether the same person received the money orders. If it is verified
that the same individual presented the money orders for cash, the agency will receive the first of a
possible 2 written warnings from the Compliance Officer, setting forth their failure to comply with
federal regulations as well as citing the original Agency agreement. Upon the second violation,
Intermex will terminate the relationship with the right granted to them in the original agency
agreement.

• Wire Transfers

For every wire transfer received by Intermex all information required by regulation implementing the Bank
Secrecy Act must be obtained and retained for a period of 5 years. In addition for each wire transfer initiated
by Oklahoma agents for $1,000 or more, Intermex will maintain all information required by the Oklahoma
State Banking Department for a period of at least 3 years. All information must be recorded in Intermex Form
1025 submitted at the time of the payment or transmittal order, with appropriate valid identification, as needed

One valid piece of identification will be kept on file along with the following information:.

The following information must be obtained:

• Name and address of the originator


• Type of identification presented and reviewed, such as:
Driver’s License, State Identification Card, Social Security number, Alien Identification Card, Passport
Number and Country of Issuance, Cedula, or other official identification, with photograph
• Amount of payment order
• Execution date
• Payment instructions received with payment order including:
Name and address of beneficiary
Any other information pertaining to the beneficiary as included in the payment order.

All record keeping requirements as mandated by the Bank Secrecy Act for currency transactions apply to Wire
Transfers. A log for cash transactions between $3,000 and $10,000 inclusive will be maintained, and a CTR
will be filled out for all cash transactions of more than $10,000. Suspicious Activity Reports (SAR-MSB) will
be filed in accordance with the guidelines provided hereunder.

Rev. 030510 11
This document is property of Intermex Wire Transfer, LLC, - Reproduction is prohibited.
• Suspicious Activity Report – SAR-MSB Fincen Form 109

Intermex is required to file a Suspicious Activity Report (SAR-MSB) for transactions aggregating
$2,000 or more that involve potential money laundering or violations of the Bank Secrecy Act. Any
transaction conducted, or attempted by, at or through Intermex and involving or aggregating $2,000 or
more in funds or other assets, if Intermex knows, suspects, or has reason to suspect that:

1. The transaction involves funds derived from illegal activities, or is intended or conducted in order
to hide or disguise funds or assets derived from illegal activities (including without limitation, the
ownership, nature, source, location, or control of such funds or assets) as part of a plan to violate
or evade any law or regulation or to avoid transaction reporting requirements under Federal law.

2. The transaction is designed to evade any regulations promulgated under the Bank Secrecy Act.

3. The transaction has no business or apparent lawful purpose, or is not the sort in which the
customer would normally be expected to engage, and the financial institution knows of no
reasonable explanation for the transaction after examining the available facts, including the
background and possible purpose of the transaction.

The Bank Secrecy Act requires the filing of a currency transaction report (CTR) whenever a currency
transaction exceeds $10,000. If a currency transaction exceeds $10,000 and is suspicious, both a CTR
(reporting the currency transaction) and a SAR (reporting the suspicious or criminal aspects of the
transaction) must be filed. If the suspicious transaction equals or is below $10,000, only a SAR should
be filed.

• Examples of Suspicious Transactions

The following are several examples of suspicious transactions:

1. A customer reduces a cash transaction from $15,000 to $9,000 after you inform him/her that a
CTR must be filed.

2. A small local business makes transactions between $9,000 and $9,500 in cash every day, and you
know that business does not generate that amount of cash. A costumer, who you know or suspect
is involved in an illegal business, makes transactions of $9,500 in cash several times a week.

3. Two or more individuals, who are obviously together, conduct separate cash transactions just
under $10,000, each.

4. A customer exchanges small denomination bills ($5s, $10s, $20s) for large denomination bills
($50s, $100s).

5. A business that is not normally cash-intensive suddenly increases the amount of cash transactions.

6. A customer initiates a large number of wire transfers that are not consistent with his normal
ordinary course of business.

These are only a few examples of suspicious transactions. Any CASH transaction of $2,000 or more that
appears suspicious must be reported on a Suspicious Activity Report (SAR) to the address below, or as
implemented by Intermex reports may be electronically submitted to
http://bsaefiling.FinCEN.treas.gov/main.html.

Enterprise Computing Center – Detroit Attn: SAR-MSB


P.O. Box 33117
Detroit, MI 48232

Rev. 030510 12
This document is property of Intermex Wire Transfer, LLC, - Reproduction is prohibited.
• Structuring and Money Laundering

It is a Federal crime to structure a transaction. A “structured” transaction behalf of other persons, conducts or
attempts to conduct one or more is considered to exist when a person acting alone, or in conjunction with, or
on transactions in cash, in any amount, at one or more locations or branches of the Agent or at different
financial institutions, on one or more days, in any manner for the purpose of evading BSA reporting or record
keeping requirements. It also is a crime to assist a customer in structuring a transaction. If the Agent suspects
that a customer is structuring transactions but turns a blind eye to that activity and fails to ask questions, the
Agent may be found guilty of structuring.

Examples:

™ Juan Garcia brings in $2,000 in cash and asks to send the money to Carmen Vera in Colombia. The
next day Mr. Garcia brings in $2,000 in cash and asks to send the money to Jorge Vera in Colombia. Juan
Garcia may be attempting to evade the BSA Wire Transfer Record keeping requirements. If the Agent
determines that Mr. Garcia is structuring transactions, he or she must NOT complete the transaction. In
addition, the Agent must follow the procedures for handling suspicious transactions.

™ The Agent sees Donna Green and Sue Smith enter the Agency together and speaking with each other.
Each hands over less than $10,000 in cash and asks to send the money to Canada. The orders requested Ms.
Green and Ms. Smith send both to Andrew White and total more than $10,000. Donna Green and Sue Smith
may be attempting to evade the CTR reporting requirements. If the Agent determines that Ms. Green and
Ms. Smith are structuring transactions, he or she must NOT complete the transactions. In addition, the
Agent must follow the procedures for handling suspicious transactions.

• Money Laundering Statutes

It also is a Federal crime for any person to knowingly engage in any commercial or financial transaction or
international transportation or transmission of funds with the proceeds of drug trafficking or other criminal
activity. Knowledge may be established by proving that the person was “willfully blind” or “deliberately
indifferent” to the source or origin of the funds.

Examples

™ Jack King brings in $49,500 in cash and asks to send it to his mother in Europe. He mentions to the
Agent that he has made money selling drugs and wants to share it with his mother. The Agent has knowledge
that the funds used for the transfer are proceeds of drug trafficking. Because the Agent knows the funds are
criminally derived, he or she must NOT complete the transaction. In addition, if the Agent completes the
transaction that he or she knows or suspects may involve the proceeds of drug trafficking or other criminal
activity, he or she may be guilty of money laundering.

™ Mark Lee is unemployed. He asks to send $15,000 to his father in Asia. Because this is a suspicious
transaction, the Agent must question Mr. Lee about the source of the funds. Only if the Agent is fully satisfied
that the funds are legitimately derived, may he or she complete the transaction. If the Agent does not question
Mark Lee about the source of the funds in order to establish that the funds are not proceeds of criminal
activity, and the funds are the proceeds of drug trafficking or other criminal activity, the Agent may be
considered to be willfully blind to the source of the funds. If the Agent completes the transaction, he or she
may be guilty of money laundering.

Rev. 030510 13
This document is property of Intermex Wire Transfer, LLC, - Reproduction is prohibited.
• Procedures for Handling Suspicious Transactions

Upon becoming aware of a suspicious transaction or activity, the Agent must investigate the situation.

1. If the transaction or activity appears to represent structuring to evade BSA reporting or record
keeping requirements, or other criminal or unusual activity and no reasonable explanation is
apparent, the transaction must NOT be completed. In addition, the Agent must file a SAR report
in accordance with the BSA requirements and Intermex policies and procedures, and must send a
copy of the SAR to Intermex, by fax.

2. If the transaction or activity being reported on a SAR appears to be part of an ongoing scheme, the
Agent should consider notifying, by telephone the IRS (either by calling the local IRS/Criminal
Investigation Division office or the IRS Hotline number, 1-800-CTRS), and should notify
Intermex Compliance Department.

3. A transaction that is reported on a SAR may also require reporting on a CTR, if it involves more
than $10,000 in cash on one business day.

4. The Agent MUST NOT NOTIFY any person he/she has been reported on a SAR.

The Bank Secrecy Act Policy, The BSA Compliance Program and the Procedures for the timely
completion of the Currency Transaction Report (CTR), Suspicious Activity Report (SAR), the
Monetary Instrument Log, Wire Transfer Log and Record Retention Schedule, fulfill Intermex’s
commitment to actively participate in the eradication of money laundering and other financial
crimes, as required by law and regulation.

NON COMPLIANCE BY INTERMEX OR ITS AGENCIES OR REPRESENTATIVES COULD


BE CAUSE FOR IMMEDIATE DISMISSAL, OR TERMINATION OF AGENCY
AGREEMENT

Rev. 030510 14
This document is property of Intermex Wire Transfer, LLC, - Reproduction is prohibited.
CURRENCY TRANSACTION REPORTS (CTR)
PROCEDURES

1. FILING OF A CURRENCY TRANSACTION REPORT (CTR)

A Currency Transaction Report (CTR) must be prepared by the person (Agent or agency’ employee) engaged
in preparing the transaction(s) which involved more than $10,000 in currency made by the same person, or on
behalf of the same person, on the same day. This report is to be filed by completing FinCen Form 104.

CTR FinCen Form 104 shall be used and filed to:

Report a deposit, withdrawal, exchange of currency or other payment or transfer, by, through or to Intermex
that involves a transaction in currency of more than $10,000 (Section 103.22(a)(1) of the Treasury’s Financial
Record keeping and Reporting of Currency and Foreign Transactions Regulations).

CTRs are to be completed in accordance with government instructions and filed within 15 (fifteen) calendar
days after the date of the transaction.

To ensure compliance with filing requirements the prepared (Agent or agents’ employees) must:

ƒ Ensure that the form is complete with accurate information.


ƒ Make a copy of the method used to verify identity, (i.e., driver’s license, State identification card,
passport, alien registration card), and retain same as documentation and verification of information.
ƒ Deliver the completed CTR form, along with documentation (identification, application form, etc.) to
designated person for verification and signature of Approving Official (Agency Owner or Manager).

To ensure compliance with filing requirements, the Approving Official (Agency Owner or Manager) must:

ƒ Review CTR Part I, Sections A and/or B, as applicable, against documentation, for completeness and
accuracy.
ƒ Compare and reconcile amount and type of transaction(s) against documentation on Part II.
ƒ Fill out and sign Part III making sure that all items are properly and duly completed.
ƒ Ensure delivery of CTR(s) to IRS within the 15 days mandated time period by mailing the completed form to
the address below, or within 25 days as implemented by Intermex via electronically to
http://bsaefiling.FinCEN.treas.gov/main.html

Internal Revenue Service


Detroit Computing Center
Attn: CTR
P.O. Box 33604
Detroit, MI 48232-5604

2. Multiple Currency Transactions:

For reporting and filing purposes, multiple currency transactions taking place on the same business day are
treated as a single transaction if Intermex has knowledge that they are made by or on behalf of the same
person.

ƒ “Same business day” shall mean the day on which a transaction is routinely posted to a customer’s account.

Rev. 030510 15
This document is property of Intermex Wire Transfer, LLC, - Reproduction is prohibited.
ƒ “Has knowledge” shall mean that knowledge on the part of an officer, director, or employee, or
knowledge on the part of an existing system which permits it to aggregate transactions, shall be
knowledge of Intermex.

ƒ For the purposes of reporting, the Approving Official or designated Coordinator must monitor all daily
transactions to ensure that multiple transactions have not been made by, or on behalf, of any one person
that exceeds the amount of $10,000. An electronic or manual record shall be kept of the daily
monitoring.

ƒ CTRs for multiple transactions exceeding the threshold amount of $10,000 shall be prepared following
the CTR Filing Procedures mentioned in (1) above.

3. Monetary Instruments

No financial institution, other than a bank, through each agent, agency, branch, or office located within the
United States, may issue or sell a bank check or draft, cashier’s check, money order or traveler’s check for
$3,000 or more in currency unless it maintains records of the following information, which must be
obtained for each issuance or sale of one or more of these instruments to any individual purchaser,
which involves currency in amounts of $3,000 to $10,000 inclusive. Multiple purchases by the same person
on any one- business day shall be aggregated to determine the transaction amount.

ƒ Name
ƒ Date of purchase
ƒ Type of instrument
ƒ Serial number of each instrument
ƒ Amount in dollars of each instrument
ƒ Verification of purchaser’s identity (See above for approved identification documents).

For record keeping and filing purposes the following procedures must be followed:

ƒ Intermex Agents must fill out “High Dollar Transaction Report” and form 1025 - $3,000, and send to
Intermex, together with required identification, when the sale of monetary instruments reaches the
amount of $3,000, including fees.
ƒ Keep daily Log with purchases between $3,000 and $10,000, by or on behalf of one individual.
ƒ Obtain required documentation and keep copies with transaction form.
ƒ Give copy of Log and supporting documentation to designated CTR Official for review on a timely
basis.

CTR official must review Log entries, aggregate multiple purchases of cash transactions and file CTRs when
applicable, utilizing the same CTR Filing Procedures outlined in (1) above. A copy of a CTR must be sent to
Intermex, Compliance Department.

Any one purchase of Money Orders with currency in excess of $10,000 requires the completion of
FinCen Form 104 – CTR

4. Wire Transfers

Each agent, agency, branch, or office located within the United States of a financial institution other
than a bank, is subject to these requirements with respect to a transmittal of funds in the amount of
$3,000 or more:

For each transmittal order made in person that it accepts as a customer’s financial institution*, a financial
institution shall verify the identity of the customer, and obtain and retain the original, a copy, or electronic
record of, and shall keep a Log with, the following information:

Rev. 030510 16
This document is property of Intermex Wire Transfer, LLC, - Reproduction is prohibited.
ƒ The name and address of the customer.
ƒ The amount of the transmittal order.
ƒ The execution date of the order.
ƒ Payment instructions received from the customer with the transmittal order.
ƒ The identity of the recipient’s financial institution.
ƒ As many of the following items as available from the transmittal order:
- Name and address of the recipient.
- Account number of the recipient.
- Any other specific information about the recipient.
ƒ A completed and signed form by the person placing the transmittal order.
ƒ Copy of approved identification document. ( As defined above)

If the transmittal order accepted by the customer’s financial institution is not made in person, the customer’s
financial institution shall obtain and retain a record of the name, address, and telephone number of the person
placing the order, as well as the social security or employer identification number. If none is available, then
alien identification number or passport number and country of issuance, as well as a copy or record of the
method of payment (check or credit card transaction), for the transmittal of funds will be obtained.

Intermex forms 1025 and CTRs, must be filled out as appropriate and sent to Intermex before a
transaction can be processed. Form 1025 (transactions between $3,000 and $10,000, inclusive) must be
accompanied by the required copy of identification. All forms must be complete, legible, dated and
signed. Copy of CTRs filed by the Agent must be sent to Intermex Compliance Department by fax.

*For purposes of these procedures, a “customer’s financial Institution” is the AGENCY.

Wire Transfers to Colombia in the amount of $1,000 or aggregate of $1,000 within 1 days will require a
1025 Form

Wire Transfers to all other countries except Colombia of $2,000 or aggregate of $2,000 within 1 days
will require a 1025 Form.

In addition to the established limits, Intermex will analyze sender frequency and accumulated amounts
by sender and beneficiary, and may require the sender to provide Form 1025, identification and
documents supporting amounts sent at that time.

Any transmittal order funded with currency in excess of $10,000 requires the completion of FinCen
Form 104 – CTR.

INTERMEX WILL NOT PROCESS ANY TRANSMITTAL REQUEST UNLESS ALL REQUIRED
DOCUMENTATION IS RECEIVED BY INTERMEX.

ANY SUSPICIOUS ACTIVITY MUST BE REFERRED TO INTERMEX COMPLIANCE OFFICER,


WITH COPY OF ALL DOCUMENTATION ATTACHED. THE AGENCY MUST INVESTIGATE
AND REPORT TO THE U.S. DEPARTMENT OF THE TREASURY, IN THE APPROPRIATE
SUSPICIOUS ACTIVITY REPORT (SAR) FINCEN FORM 109 , WITHIN 30 DAYS OF THE
DISCOVERY OF THE SUSPICIOUS ACTIVITY. THE FORM MUST BE ADDRESSED TO
ENTERPRISE COMPUTING CENTER-DETROIT, ATTN: SAR-MSB, P.O. BOX 33117, DETROIT,
MI 48232. A COPY OF THE SAR MUST BE SENT TO INTERMEX.

NON-COMPLIANCE WITH THE BANK SECRECY ACT OR OTHER GOVERNMENT


REGULATIONS MAY BE CAUSE FOR REVISION OR CANCELLATION OF THE AGENCY
AGREEMENT.

Rev. 030510 17
This document is property of Intermex Wire Transfer, LLC, - Reproduction is prohibited.
INTERMEX TRAINING PROGRAM

Intermex is committed to provide its Agents and/or Representatives, with training on the Bank Secrecy Act,
Part 103 – Financial Record keeping and Reporting of Currency and Foreign Transactions, and other Federal
and State Regulations pertaining to the fight against Money Laundering.

For this purpose, Intermex has developed a Bank Secrecy Act Policy and has prepared a Bank Secrecy Act
Compliance Program that contains all the parameters by which Intermex, its Agents and/or Representatives,
will conduct their business based on the Agent Agreements signed with Intermex.

The following training procedures are part of the Intermex Agent Compliance Program:

1. Training of Agency/Owner
The Agent/owner must complete a training offered by the sales representative and have a good
understanding of Intermex policy and procedures documented in the Intermex Reference Manual. The
agent/owner will receive a refresher course yearly, but will continue to receive information of
regulatory matters on a consistent basis.

2. Training of Agency Personnel


The Agent must provide all employees with training promptly after joining the Agent’s staff. On an
annual basis the Agent will provide a refresher course to all staff members and will review the
regulations and procedures (including Intermex Forms 1025, and High Dollar Transaction, CTRs and
SARs). If regulations and/or procedures are enacted, Intermex will provide the new material to the
Agent and will require that they be timely introduced to all staff members.

3. Training of Sales Representatives and Corporate Office Staff


The compliance officer trains the sales representatives and corporate office staff as part of an annual
sales convention meeting.

4. Training of Intermex’s new employees


Intermex’s new employees must receive training after joining the company, and must prove that they
understand the policies and procedures to comply with the Bank Secrecy Act.

5. Training Records
The Agent must retain a central file containing the following training records for a revolving five (5)
year period, and make it available to Intermex, or U.S. government authorities upon request:

ƒ Training Materials Used


ƒ Dates of Training
ƒ List with signatures of persons attending training sessions.

Rev. 030510 18
This document is property of Intermex Wire Transfer, LLC, - Reproduction is prohibited.
RECORD RETENTION

In order to maintain compliance with the Bank Secrecy Act Record Retention requirements, Intermex, its Agents
and/or Representatives (Intermex) must adhere to the following instructions, as applicable:
Record Retention:

The Bank Secrecy Act requires that records and supporting documents be retained for potential review by
regulatory agencies for a period of FIVE (5) YEARS. This information must be maintained in a manner that
permits it to be accessible within a reasonable period of time.

Records may consist of originals, copies or microfilm copies. Records made in the ordinary course of business
may be used to meet these requirements. If not generated by routine record keeping, records are to be prepared in
writing by the party(s) handling the transaction(s).

The Bank Secrecy Act rules generally require Bank Secrecy Act information to be retained for a period of five
years, unless otherwise noted, thus the mentioned documents and any other BSA document, unless specifically
excluded, fall within these rules:

ƒ Customs Form 4790 – Report of International Transportation of Currency or Monetary Instruments


(Department of the Treasury) and supporting documentation..

ƒ FinCen Form 104 – Currency Transaction Report and supporting documentation.

ƒ Work papers – documents to evidence cash or non-cash transactions of more than $10,000.

ƒ Audit Work papers – documents evidencing review of currency transaction reporting compliance.

ƒ A record of each instruction, advice or request, received or given regarding a remittance or transfer of
funds, of more than $10,000, within or outside the United States.

ƒ A record of each remittance or transfer of funds of more than $10,000 to a person, account, or place, within
or outside the United States.

ƒ All original monetary instruments logs ($3,000 to $10,000, inclusive), wire transfer logs and CTRs, filed by
day and month, including supporting documentation.

ƒ FinCen Form 109 – SAR-MSB Suspicious Activity Report


Copy of each SAR filed by the Agent or Representative, and all original supporting documentation or
business records from the date of the SAR.

ƒ Each item of information contained in Intermex computer systems.

ƒ All wire transfer records must be retrievable by the name of the sender or beneficiary, or if the transaction is
on behalf of a third party, by the third party’s name.

ƒ Training materials and documentation of attendance at training sessions of Intermex employees.

NON-COMPLIANCE WITH THE BANK SECRECY ACT OR OTHER GOVERNMENT


REGULATIONS MAY BE CAUSE FOR REVISION OR CANCELLATION OF THE AGENCY
AGREEMENT.

Rev. 030510 19
This document is property of Intermex Wire Transfer, LLC, - Reproduction is prohibited.
2 AML/BSA MANUAL DE ENTRENAMIENTO
ESPAÑOL
TABLA DE CONTENIDO

ACTA DE SIGILO BANCARIO

LAVADO DE DINERO

Actividades sospechosas

Estructuración

Señales de alerta

REQUISITO DE REGISTRO DE INFORMACION

Forma Intermex 1025

Giros de $3,000 o más

Compras de Instrumentos Monetarios de $3,000 a $10,000 inclusive

Reporte de actividades sospechosas

Reporte de Transacciones en Dinero Efectivo

PROGRAMAS DE ANTI-LAVADO DE DINERO

OFICINA DE CONTROL DE ACTIVOS EXTRANJEROS (OFAC)

PENALIDADES CIVILES Y CRIMINALES

NEGOCIOS DE ENVIOS DE DINERO SIN LICENCIA

REQUISITO PARA REGISTRAR SU NEGOCIO COMO MSB

PROCEDIMIENTOS PARA RESPONDER A SOLICITUDES DE


REPRESENTANTES DE LA LEY

APENDICES

Resumen de Requerimientos BSA para MSBs

Información adicional

Rev 01/21/10
Property of Intermex
ACTA DE SIGILO BANCARIO

El Acta de Sigilo Bancario (BSA) fue creado por el Congreso el año 1970 para combatir
el lavado de dinero y otros crímenes financieros.

El BSA requiere que muchas instituciones financieras generen un “camino de papeles”


haciendo reportes manteniendo información de ciertas transacciones. Estos reportes son
suministrados al Departamento del Tesoro de los Estados Unidos a la dependencia Red
de Control de Crímenes Financieros (FinCEN). FinCEN colecta y analiza la información
para darle soporte a las entidades investigadoras policiales y de proveer a los encargados
de promulgar políticas con análisis estratégico de procesos, patrones y tipologías de
lavado de dinero a nivel mundial.

Los requisitos de reportes y almacenamiento de información son aplicados a bancos,


cajas de ahorro, cooperativas incluyendo negocios de servicios de dinero (MSB).

Aparte de esta guía general, hay otros requisitos que pudieran ser obligación de un MSB
específico. Por favor visite la página web www.fincen.gov para más información.

LAVADO DE DINERO

Cuando criminales tratan de esconder o disfrazar la procedencia de dinero ilegal


convirtiéndolo en fondos que aparentan ser legítimos se llama lavado de dinero.

Cada año los lavadores de dinero tratan de ocultar la procedencia de dinero ilícito
pasando cientos de millones de dólares por el sistema financiero, incluyendo negocios de
servicio de dinero (MSB). El lavado es mas éxito cuando los criminales no tienen que
dejar un “rastro de papel” que una el dinero al crimen cometido. Los organismos
policiales pueden seguir “rastro de papel” creado por los reportes y la información de las
instituciones financieras.

Siguiendo los requisitos federales de mantenimiento de información y reportes, usted


puede ayudar a los organismos policiales a prevenir que los criminales se escapen -con
sus ganancias- de ser penalizados.

Rev 01/21/10
Property of Intermex
Actividades Sospechosas

Una actividad sospechosa es una transacción o el intento de hacer una transacción o un


patrón de transacciones que usted sabe, sospecha o tiene motivos para sospechar y reúne
alguna de estas condiciones:

9 Contiene dinero de alguna actividad criminal

9 Esta diseñada para evadir requisitos del Acta de Sigilo Bancario, ya sea por
estructuración u otros medios.

9 Aparenta no tener sentido de negocios o algún otro sentido legal y que otros
factores pertinentes no provean de una explicación razonable.

9 Utiliza a un negocio de servicios de dinero para facilitar el crimen.

Ejemplos de posibles actividades sospechosas:

ƒ Un empleado utiliza una identificación falsa, o varias identificaciones en


ocasiones diferentes (nombres y direcciones pueden ser diferentes)

ƒ Dos o mas clientes utilizan el mismo documento (con fotos y nombres diferentes)

Estructuración

Diseñar una transacción con el propósito de evadir requisitos de reportes u obtención de


información es “estructurar”. La estructuración es un crimen federal, y tiene que ser
reportado mediante un Reporte de Actividad Sospechosa (SAR).

Ejemplos:

ƒ Un cliente separa una transacción grande en dos o más transacciones pequeñas.

Un hombre quiere hacer una transacción de $12,000 en efectivo. Pero sabiendo


que hay que reportar transacciones de más de $10,000, procede a partir las
transacciones en dos de $6,000 cada una.

ƒ Una transacción grande es partida en dos o mas para ser efectuadas por dos o mas
personas.

Una mujer quiere hacer un envío de $5,000, pero sabiendo que hay que reportar
transacciones de más de 3,000; ella hace un envío de $2,500 y le dice a su amiga
que haga otro envío de $2,500.

Rev 01/21/10
Property of Intermex
Señales de Alerta

Hay muchos factores que pueden ser “señales de alerta” que nos indiquen que una
transacción pueda ser sospechosa. Al observar estas señales deberíamos hacernos algunas
preguntas como:

9 ¿La cantidad de dinero parece ser muy grande para el cliente típico, o el negocio
de servicios de dinero?

9 ¿El cliente hace este tipo de transacciones mas frecuentemente que lo normal?

9 ¿El tipo de transacción parece ser normal para este cliente o negocio?

Ejemplos:

ƒ El cliente presenta identificación falsa.

ƒ Dos o más clientes usan el mismo documento.

ƒ El cliente cambia los montos después de saber que tiene que presentar
identificación.

ƒ El cliente hace transacción justo por debajo de los límites de reporte.

ƒ Dos o más clientes, tratando de evadir el reporte de BSA, aparentan estar


trabajando juntos para partir la transacción en dos o mas.

ƒ Un cliente, tratando de evadir el reporte BSA, utiliza servicios de dos o más


negocios de dinero (MSB) en el mismo día para partir la transacción.

Si es obvio que un cliente a cometido un crimen –como por ejemplo ofrecer una coima o
haya admitido un crimen- la ley requiere que uno reporte en un SAR si la cantidad es de
$2,000 o mas.

Recuerde:

9 Usted tiene 30 días para reportar un SAR después que usted supo de una
transacción o un patrón de transacciones o actividades sospechosas.

9 Cuando usted reporta una actividad sospechosa la ley lo protege de


responsabilidad civil.

9 La ley no le pide acusar a nadie de un crimen – usted solo tiene que reportar en un
SAR si usted sospecha de una actividad que la cantidad es de $2,000 o mas.

Rev 01/21/10
Property of Intermex
9 Si se presenta una situación urgente, contacte a las autoridades pertinentes
inmediatamente; después remita un SAR.

9 Es ilegal decirle a cualquier persona envuelta en las transacciones que se ha


enviado un SAR.

REQUISITOS DE REGISTRO DE INFORMACION

Forma Intermex 1025

Intermex deberá recibir el formulario 1025 por envíos a Colombia de $1,000 o más,
envíos del Estado de Oklahoma de $1,000 o mas, y para cualquier otro país por envíos de
$2,000 o más. La forma deberá estar legible, completamente diligenciada, y firmada por
el agente y el cliente. Una identificación con foto, valida y vigente deberá ser
suministrada junto con la forma antes de que Intermex procese el envío. Si se presenta
una identificación de USA para giros de $3,000 o más (Oklahoma de $1,000 o mas),
también se deberá presentar una copia del SSN (tarjeta del Seguro Social) o ITIN (IRS
Individual Taxpayer ID Number). Los documentos de identificación aceptados son los
siguientes:

US Driver’s License Consular ID Card


US Identification Card Foreign Electoral Card
US Employment Authorization Card Cédula de Identidad
US Resident Alien Card
US Military Card
Passport

Aparte de estos limites específicos, Intermex hará un análisis de la frecuencia de giros de


un cliente, y podrá exigir la forma 1025 en ese momento.

Envíos de dinero de $3,000 o más – Oklahoma de $1,000 o más

Negocios de Servicios de Dinero (MSB) que aceptan instrucciones para enviar o recibir
envíos de dinero deberán obtener y registrar transacciones de $3,000 o más (Oklahoma de
$1,000 o más) sin importar el método de pago.

Los requerimientos para registrar envíos de dinero exigen que los MSB verifiquen por
remitente o beneficiarios:

Rev 01/21/10
Property of Intermex
1. Verificar el documento de identificación
2. Registrar información del cliente y la transacción.
3. El remitente deberá de proveer cierta información al MSB o a la institución
financiera que procesa el envió.
4. Guardar estos registros por 5 años desde la fecha del envío.

Compra de Instrumentos Monetarios de $3,000 a $10,000 inclusive

MSBs que venden Money Orders o cheques de viajero tienen que registrar compras en
efectivo que estén entre $3,000 y $10,000 inclusive. Transacciones múltiples de
instrumentos monetarios que sumen $3,000 o más deberán ser procesadas como si fuera
una sola transacción y se deberá registrar si:

1. Fueron hechas al mismo tiempo, o

2. El MSB conoce que las transacciones fueron hechas en el mismo dia.

Para registrar la venta de Money Orders o cheques de viajero de $3,000 a $10,000


inclusive el MSB deberá:

1. Verificar y registrar la identificación del cliente, incluyendo el documento

2. Registrar la información de la transacción –cantidad, fecha, número de serie para


cada instrumento monetario.

3. Mantener la información por 5 años desde la fecha de la transacción.

Requisito de Reportar Actividades Sospechosas

Negocios que proveen servicios de envíos de dinero; o negocios que venden o canjean
Money Orders – deberán reportar actividades sospechosas que involucren una transacción
o patrones de trasacciones de $2,000 o más.

Usted tiene 30 dias calendarios para suministrar el reporte SAR después de haber sabido
de cualquier actividad sospechosa.

Para reportar Actividades Sospechosas usted debe:

1. Registrar toda información relevante a una actividad sospechosa mediante un


formulario SAR (FinCen Forma 109) que esta disponible en la página web
www.fincen.gov o llamando al centro de distribución de formularios
IRS al 1-800-829-3676.

2. Enviar el SAR diligenciado a:

Rev 01/21/10
Property of Intermex
Enterprise Computing Center-Detroit
Attn: SAR-MSB
P.O. Box 33117
Detroit, MI 48232-0980

3. Mantener una copia del reporte y cualquier documentación de soporte por 5 años
desde la fecha que se envió el reporte.

Reporte de Transacciones en Dinero Efectivo – Forma FinCen 104

MSBs deberán suministrar reportes de transacciones en efectivo (CTR) dentro de 15 días


cuando una transacción o serie de transacciones:

9 Envuelve cantidades de mas de $10,000 de entrada en efectivo o de salida de


efectivo, y

9 Es procesada por la misma, o por orden de la misma persona, y

9 Es procesada en el mismo día.

Transacciones multiples so consideradas como una transacción para reportar un CTR si el


MSB sabe que:

9 Son hechas por la misma o por orden de la misma persona en un dia, y

9 Han sido procesadas en una o mas agencias o sucursales del mismo MSB, y

9 Ascienden a un total de $10,000 en entrada de efectivo o salida de efectivo.

Para reportar un CTR usted deberá:

1. Verificar y registrar el documento de identidad del cliente.

2. Registrar la información de la transacción.

3. Hacer una copia del CTR diligenciado.

4. Enviar el original a:

IRS Detroit Computing Center


Attn: CTR
P.O. Box 33604
Detroit, MI 48232-5604

5. Mantener una copia del CTR por 5 años desde la fecha de suministro.

Rev 01/21/10
Property of Intermex
PROGRAMAS DE ANTI-LAVADO DE DINERO

Todos los MSBs están requeridos por el gobierno, de mantener en funcionamiento un


programa de anti-lavado de dinero (AML). La regulación federal que requiere que los
MSBs desarrollen y mantengan un programa de anti-lavado esta el 31 CFR 103.125.

Cada programa deberá ser desarrollado de acuerdo al riesgo que cada negocio posea en
cuanto a ubicación, tamaño, naturaleza y volumen de los servicios financieros que este
provea. Por ejemplo, un MSB grande que procesa un alto volumen de envíos en Los
Angeles, tiene un riesgo mas alto que un cambiador de cheques pequeño en Idazo. Por lo
tanto, el remesador en California deberá tener un programa de anti-lavado mas complejo,
de acuerdo al riesgo mas alo que este posee, que el negocio mas pequeño en Idaho que es
de bajo riesgo en cuanto a lavado de dinero. Un programa eficaz es diseñado para prever
que el MSB sea utilizado y facilite el lavado de dinero.

Un programa de Anti-lavado eficaz tiene que estar por escrito y deberá:

ƒ Incorporar políticas, procedimientos y controles internos razonablemente


diseñados para asegurar el cumplimiento con las leyes BSA;

ƒ Designar un oficial de cumplimiento responsable por vigilar día a día el


cumplimiento de las leyes BSA;

ƒ Proveer educación y entrenamiento a los empleados; y

ƒ Tener un proceso de revisión independiente para monitorear y mantener el


programa.

Rev 01/21/10
Property of Intermex
OFICINA DEL CONTROL DE ACTIVOS EXTRANJEROS (OFAC)

La Oficina del Control de Activos Extranjeros (OFAC) del Departamento del Tesoro
administra y aplica sanciones económicas basadas en la política exterior de los Estados
Unidos y de seguridad nacional que atacan ciertos gobiernos, grupos terroristas,
narcotraficantes internacionales y todos aquellos que estén tras el desarrollo de armas de
destrucción en masa.

Intermex ha implementado un sistema de filtros OFAC que protege a la empresa de los


individuos que son específicamente designados como personas o entidades bloqueadas.

Todas las transacciones de envíos pasan a través del filtro, ya sea al entrar o salir de los
Estados Unidos. El sistema inmediatamente detecta una similitud y transfiere la
transacción a un archivo especial que es revisado por el departamento de cumplimiento.
Luego se procede a la verificación de la identidad del individuo retenido por el filtro por
medio de la suministración de los documentos de identidad.

Si la similitud resulta negativa, la transacción será procesada inmediatamente, y el envío


llegara a su destino. Si el sistema detectara un apersona bloqueada, Intermex deberá
bloquear la transacción y seguir los reglamentos y regulaciones estipuladas por la Oficina
del Control de Activos Extranjeros.

PENALIDADES CIVILES Y CRIMINALES

Penalidades tanto civiles como criminales pueden ser adjudicadas por violaciones de las
leyes y regulaciones de anti-lavado. Estas penalidades pueden ser multas y también pena
de cárcel. Un MSB que no cumple con los requisitos del BSA puede recibir penas hasta
de $500 por negligencia y por violaciones adrede: la cantidad de la transacción (hasta
$100,000) o $25,000. Bajo algunas circunstancias, los negocios pueden ser culpables por
crímenes cometidos por los empleados. La pena máxima por violar las regulaciones BSA
es una multa hasta de $500,000 o prisión por un término de 10 años o ambos.

Por lo tanto, es imperativo que los empleados sean entrenados y educados de cómo
cumplir con las regulaciones BSA, y que exista un sistema funcionando que asegure que
los empleados están cumpliendo con las leyes y regulaciones de Anti-lavado.

Los MSB pueden ser de mucha ayuda para el gobierno federal en lucha contra el lavado
de dinero. Por lo menos, los MSBs deberán diligenciar los reportes correctamente,
enviarlos a tiempo, crear y mantener el programa adecuado de cumplimiento y seguir las
sugerencias que el Departamento del Tesoro provee.

Rev 01/21/10
Property of Intermex
NEGOCIOS DE ENVIOS DE DINERO SIN LICENCIA

TÍTULO 18, PARTE I CAPÍTULO 95 § 1960


Prohibición de un negocio de envíos de dinero sin licencia:

a) el término "negocio de envío de dinero sin licencia", significa un negocio de envío de


dinero que afecta el comercio interestatal o extranjero, en cualquier forma o grado y,

b) opera sin una licencia apropiada para enviar dinero en un Estado en que dicha
operación es sancionada como un delito menor o felonía bajo la ley estatal, aunque la
persona que actúa como tal, tenga o no conocimiento de que la operación requiere
una licencia o que la operación es penalizada.

c) quien conociendo, lleva a cabo, controla, gestiona, supervisa, dirige, o es


propietario de todos o parte de un negocio de envío de dinero sin licencia, será
multado de acuerdo con este título o encarcelado por no más de 5 años, o ambos.

REQUISITO PARA REGISTRAR SU NEGOCIO COMO MSB

TITLE 31 CFR 103.41


Registration of Money Service Business

Una persona que hace negocio en alguno los siguientes rubros es considerado un MSB:

„ Cambio de divisas
„ Canje de cheques
„ Venta de Money Orders o cheques de viajero
„ Remesas de dinero
„ Correo postal
„ Valor agregado electrónico

Requisito para registrarse como MSB con FinCEN:

„ Si hace transacciones de mas de $1,000 para cualquier persona en un solo


día en los siguientes rubros:

„ Cambio de divisas
„ Canje de cheques
„ Compra o Venta de Money Orders o cheques de viajero o valores
almacenados

„ Si hace transacciones de remesas de dinero directamente por si solo, sin


importar el monto.

Rev 01/21/10
Property of Intermex
Excepciones:

„ Si solo actúa como agente de otro MSB, siempre y cuando no efectué


alguna actividad de MSB por si solo.

Registre su negocio visitando la página www.fincen.gov utilizando la forma:


FinCen 107 TD F 90-22.55

PENALIDADES POR NO REGISTRAR SU NEGOCIO COMO MSB

Una persona que concientemente no cumple con los requisitos de registro se le podría
aplicar una penalidad civil de hasta $5,000 por cada violación de la ley. Cada día que
este en violación, constituye una violación nueva adicional.

Aparte existen penalidades criminales de multas y pena de cárcel de hasta 5 años.

PROCEDIMIENTOS PARA RESPONDER A SOLICITUDES DE


REPRESENTANTES DE LA LEY

Conforme a la ley del BSA Título 31 CFR 103.125; todos los negocios de servicios de
dinero (MSB) están obligadas a implementar procedimientos para responder a solicitudes
de información y/o documentos y visitas de representantes de la ley; tales como: FBI,
Departamento de Policía, IRS, etc.

Estos procedimientos deben ser implementados por usted, estar por escrito y visibles en
su negocio para que sus empleados tengan fácil acceso a ellos. Los procedimientos
deben, como mínimo, incluir el nombre del oficial de cumplimiento de su agencia o la
persona asignada para esta tarea, el número de teléfono para contactar al oficial de
cumplimiento sin demoras y las instrucciones de cómo proceder y/o responder a la
solicitud y/o la visita.

Es importante que usted como MSB aplique estos procedimientos como parte de su
AML/BSA Programa de Cumplimiento.

Rev 01/21/10
Property of Intermex
APENDICE

Resumen de Regulaciones BSA para MSBs

Registrarse – Algunos MSBs deberán registrarse y mantener una lista de sus agentes.

Si un MSB sabe, sospecha o tiene razones para sospechar que una transacción o actividad
es sospechosa y es de $2,000 o más, deberá reportar un SAR.

Programa de Anti-lavado de Dinero – Todos los MSBs están requeridos de desarrollar e


implementar un programa eficaz de Anti-lavado (AML)

Si un MSB procesa una transacción en efectivo de mas de $10,000 con el mismo cliente
en un día, deberá reportar un CTR.

Si un MSB vende Money Orders o cheques de viajero por cash en un monto de $3,000 a
$10,000 inclusive, al mismo cliente en un mismo día, deberá registrar la operación.

Si un MSB procesa un envío de dinero de $3,000 o mas (Oklahoma de $1,000 o mas) del
mismo cliente en el mismo día, sin importar el método de pago, deberá registrar la
operación.

INFORMACION ADICIONAL

Para obtener respuesta a cualquier pregunta con respecto a regulaciones BSA de reportes
y registro de operaciones, visite la página web www.fincen.gov

O llame:

Detroit Computing Center Hotline 1-800-800-2877

FinCEN Regulatory Helpline 1-800-949-2732

Para ordenar material didáctico 1-800-386-6329

Para ordenar formularios BSA, IRS Forms Distribution Center 1-800-829-3676

Rev 01/21/10
Property of Intermex
AML/BSA TRAINING MANUAL
ENGLISH
TABLE OF CONTENTS

THE BANK SECRECY ACT

MONEY LAUNDERING

Suspicious Activity

Structuring

Red Flags

RECORD KEEPING REQUIREMENTS

Intermex form 1025

Money Transfers of $3,000 or More

Cash Purchases of Monetary Instruments of $3,000-$10,000 inclusive

Suspicious Activity Reporting Requirements

Currency Transaction Reports

ANTI-MONEY LAUNDERING COMPLIANCE PROGRAMS

OFFICE OF FOREIGN ASSET CONTROL (OFAC)

CIVIL AND CRIMINAL PENALTIES

UNLICENSED MONEY TRANSMITTERS

REQUIREMENT TO REGISTER AS AN MSB

PROCEDURES TO REPOND TO LAW ENFORCEMENT REQUESTS

APPENDIX

Summary of BSA Requirements for MSBs

Additional Information

Rev 01/21/2010 Property of Intermex – Reproduction prohibited


THE BANK SECRECY ACT

The Bank Secrecy Act (BSA) was enacted by Congress in 1970 to fight money
laundering and other financial crimes.

The BSA requires many financial institutions to create “paper trails” by keeping records
and filing reports on certain transactions. These reports are submitted to the U.S.
Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN).
FinCEN collects and analyzes the information to support law enforcement investigative
efforts and to provide U.S. policy makers with strategic analyses of domestic worldwide
money laundering developments, trends and patterns.

The BSA’s reporting and recordkeeping provisions apply to banks, savings and loans,
and credit unions as well as other financial institutions, including money services
businesses (MSBs).

In addition to the general guidelines provided here, other BSA requirements may apply to
a specific MSB. Please visit www.msb.gov for more regulatory information.

MONEY LAUNDERING

When criminals try to hide or disguise the source of their illegal money by converting it
to funds that appear legitimate, the process is called “money laundering.”

Every year, money launderers try to cover up the illegal source of their money by
funneling hundreds of millions of dollars through financial institutions, including money
services businesses (MSBs). Money laundering is most likely to be successful when
criminals avoid leaving a “paper trail” of transactions linking the money back to their
crime. Law enforcement can follow the “paper trail” created from reports and records of
financial institutions.

By following federal recordkeeping and reporting requirements, you can help law
enforcement prevent criminals from getting away with – and profiting from – their
crimes.

Rev 01/21/2010 Property of Intermex – Reproduction prohibited


Suspicious Activity

Suspicious activity is any conducted or attempted transaction or pattern of transactions


that you know, suspect or have reason to suspect meets any of the following conditions:

9 Involves money from criminal activity.


9 Is designed to evade Bank Secrecy Act requirements, whether through structuring
or other means.
9 Appears to serve no business or other legal purpose and for which available facts
provide no reasonable explanation.
9 Involves use of the money services business to facilitate criminal activity.

Examples of Possible Suspicious Activity:

ƒ A customer uses a false ID, or multiple IDs on different occasions (name, address,
or identification number may be different).
ƒ Two or more customers use the same or similar IDs (photo or name may be
different).

Structuring

Designing a transaction to evade triggering a reporting or recordkeeping requirement is


called “structuring.” Structuring is a federal crime, and must be reported by filing a
Suspicious Activity Report (SAR).

Examples

ƒ A customer breaks a large transaction into two or more smaller transactions.

A man wants to conduct a transaction involving $12,000 in cash. However,


knowing that the cash threshold of more than $10,000 for filing a CTR would be
met, he conducts two cash transactions of $6,000 each.

ƒ A large transaction is broken into two or more smaller transactions conducted by


two or more people.

A woman wants to send a $5,000 money transfer, but knowing that the threshold
of $3,000 or more for recording of funds transfers would be met; she sends a
$2,500 money transfer and asks her friend to send a $2,500 money transfer.

Rev 01/21/2010 Property of Intermex – Reproduction prohibited


Red Flags

There are a number of possible factors, or “red flags,” which signal that an activity or
transaction might be suspicious. Observing a “red flag” should trigger some questions,
such as:

9 Is the amount of the transaction unusually large for the typical customer or for the
MSB?
9 Does the customer make the same or similar transactions more frequently than
normal?
9 Does the type of transaction seem unusual for the customer or the MSB?

Examples:

ƒ Customer uses fake ID.


ƒ Two or more customers use similar IDs.
ƒ Customer changes a transaction after learning that he or she must show ID.
ƒ Customer conducts transactions so that they fall just below amounts that require
reporting or recordkeeping.
ƒ Two or more customers, trying to evade BSA requirements, seem to be working
together to break one transaction into two or more transactions.
ƒ Customer, trying to evade BSA requirements, uses two or more MSB locations or
cashiers on the same day to break one transaction into smaller transactions.

If a customer does something obviously criminal – such as offering a bribe or even


admitting to a crime – the law requires you to file a SAR if it involves or aggregates
funds or other assets of $2,000 or more.

Remember:

9 You have 30 calendar days to file a SAR after becoming aware of any suspicious
transaction or pattern of suspicious transactions or activities that are required to be
reported.
9 When you report suspicious activity, the law protects you from civil liability.
9 You are not being asked to accuse customers of criminal activity – you are only
required to file a SAR if you believe the activity is suspicious and involves $2,000
or more.
9 If a situation seems to require immediate attention, contact the appropriate law
enforcement authority right away; then file a SAR.
9 It is illegal to tell any person involved in the transaction that a SAR has been
filed.

Rev 01/21/2010 Property of Intermex – Reproduction prohibited


RECORD KEEPING REQUIREMENTS

Intermex Form 1025

Intermex must receive a completed form 1025 for money transfers to Colombia of $1,000
or more, for money transfers from Oklahoma State of $1,000 or more and for money
transfers to all other countries of $2,000 or more. The form must be legible, fully
completed and signed both by the agent and the remitter. One valid form of picture
identification document from the remitter must be submitted by fax prior to Intermex
processing the transaction. When a US identification document is presented, for money
transfers of $3,000 and more (Oklahoma for $1,000 or more), a copy of the Social
Security Card or ITIN (IRS Individual Taxpayer ID Number) must be provided.
Acceptable forms of identification include:

US Driver’s License Consular ID Card


US Identification Card Foreign Electoral Card
US Employment Authorization Card Cédula de Identidad
US Resident Alien Card
US Military Card
Passport

In addition to the established limits, Intermex will analyze sender frequency and
accumulated amounts, requiring the sender to provide form 1025 at that time.

Money Transfers of $3,000 or More (Oklahoma for $1,000 or More)

MSBs that accepts an instruction to send or to pay a money transfer must obtain and
record specific information for each money transfer of $3,000 or more (Oklahoma for
$1,000 or more), regardless of the method of payment.

The requirement to record funds transfers requires an MSB to verify by remitter or


beneficiary:

1. Verify customer ID
2. Record customer and transaction information.
3. Sender must provide certain information to the receiving MSB or other receiving
financial institution.
4. Keep the record for 5 years from the date of transaction.

Rev 01/21/2010 Property of Intermex – Reproduction prohibited


Cash Purchases of Monetary Instruments of $3,000-$10,000 inclusive

MSBs that sell money orders or traveler’s checks are required to record cash purchases
involving $3,000 - $10,000, inclusive. Multiple cash purchases of monetary instruments
totaling $3,000 or more must be treated as one purchase which must be recorded if:

1. They are made at the same time, or

2. The MSB has knowledge that such purchases occurred during one business day.

To record a money order or traveler’s check sale for cash of $3,000-$10,000, inclusive
you must:

1. Verify and record customer information, including ID.

2. Record transaction information – amount, date of sale and serial number(s) for each
instrument.

3. Keep the record for 5 years from the date of transaction.

Suspicious Activity Reporting Requirements

Businesses that provide money transfers; or businesses that issue, sell, or redeem money
orders – must report suspicious activity involving any transaction or pattern of
transactions at or above $2,000 or more:

You have 30 calendar days to file a SAR after becoming aware of any suspicious
transaction that is required to be reported.

To Report Suspicious Activity you must do the following:

1. Record relevant information on a Suspicious Activity Report (SAR) FinCen Form 109
available at www.fincen.gov or by calling the IRS Forms distribution Center:
1-800-829-3676.

2. Submit completed SAR to:

Enterprise Computing Center-Detroit


Attn: SAR-MSB
P.O. Box 33117
Detroit, MI 48232-0980

Rev 01/21/2010 Property of Intermex – Reproduction prohibited


3. Keep a copy of the report and any supporting documentation for 5 years from the date
of filing the report.

Currency Transaction Reports

MSBs must file a FinCen Form 104 Currency Transaction Report (CTR) within 15 days
whenever a transaction or series of transactions in currency:

9 Involves more than $10,000 in either cash-in or cash-out, and

9 Is conducted by, or on behalf of, the same person, and

9 Is conducted on the same business day.

Multiple cash transactions are considered to be one transaction on which a CTR must be
filed if the MSB has knowledge that:

9 They are by or on behalf of the same customer during one business day, and

9 They are conducted at one or more branches or agents of the same MSB, and

9 They total more than $10,000 in either cash-in or cash-out.

To File a CTR you must:

1. Verify and record customer ID.

2. Record customer transaction information.

3. Make a copy of the completed CTR.

4. Send the original CTR to:

IRS Detroit Computing Center


Attn: CTR
P.O. Box 33604
Detroit, MI 48232-5604

5. Keep a copy of the CTR for 5 years from the date of filing the report.

Rev 01/21/2010 Property of Intermex – Reproduction prohibited


ANTI-MONEY LAUNDERING COMPLIANCE PROGRAMS

Each MSB is required by law to have an effective anti-money laundering (AML)


compliance program. The regulation requiring MSBs to develop and maintain an AML
compliance program is contained in 31 CFR 103.125.

Each program must be commensurate with the risks posed by the location, size, nature
and volume of the financial services provided by the MSB. For example, a large money
transmitter with a high volume of business located in the Los Angeles area is at higher
risk than a small check casher with a low volume of business located in Boise. Therefore,
the large California money transmitter would be expected to have a more complex AML
compliance program, commensurate with its higher risk, than the smaller Idaho check
casher, who is at lower risk of being used to facilitate money laundering. An effective
program is one designed to prevent the MSB from being used to facilitate money
laundering.

Each AML compliance program must be in writing and must:

ƒ Incorporate policies, procedures and internal controls reasonably designed to


assure compliance with the BSA;

ƒ Designate a compliance officer responsible for day-to-day compliance with the


BSA and the compliance program;

ƒ Provide education and/or training of appropriate personnel; and

ƒ Provide for independent review to monitor and maintain an adequate program.

Rev 01/21/2010 Property of Intermex – Reproduction prohibited


OFFICE OF FOREIGN ASSET CONTROL (OFAC)

The Office of Foreign Assets Control ("OFAC") of the US Department of the Treasury
administers and enforces economic and trade sanctions based on US foreign policy and
national security goals against targeted foreign countries, terrorists, international
narcotics traffickers, and those engaged in activities related to the proliferation of
weapons of mass destruction.

Intermex has implemented an OFAC filter system that safeguards against those
individuals that are specially designated nationals or blocked persons.

All wire transactions flow through the filter, whether leaving or entering the United
States. The OFAC system immediately detects a possible match and transfers the money
transfer transaction to a special file that is reviewed by the Compliance department.
Consequently, the verification of the identity of the individual detected by the system
must take place by way of obtaining and inspecting a valid identification document.

If a false positive match is obtained, the money transfer will be immediately released for
payment. If a positive match is verified, Intermex must block the transaction and follow
all rules and regulations stipulated by the Office of Foreign Assets Control.

CIVIL AND CRIMINAL PENALTIES

Civil and criminal penalties can be imposed for violations of anti-money laundering laws
and regulations. Penalties can result in substantial fines and in prison terms. Any
MSB that fails to comply with BSA reporting and record keeping requirements faces
possible civil penalties of up to $500 for negligent violations and the greater of the
following two amounts for willful violations: the amount involved in the transaction (up
to $100,000) or $25,000. Under certain circumstances, businesses can also be held
criminally liable for the acts of their employees. The maximum criminal penalty for
violating a BSA requirement is a fine of up to $500,000 or a term of imprisonment of up
to 10 years, or both.

It is therefore important that employees are thoroughly trained on how to comply with
BSA regulations and that a system is in place to ensure that employees are following all
anti-money laundering laws and regulations.

MSBs can do a great deal to help the federal government in its anti-money laundering
efforts. At a minimum, MSBs should file all BSA reports accurately and in a timely
fashion, create and maintain accurate BSA records for the requisite time period, establish
and maintain appropriate compliance programs and follow all Treasury Department
guidance related to the BSA.

Rev 01/21/2010 Property of Intermex – Reproduction prohibited


UNLICENSED MONEY TRANSMITTERS

TITLE 18, PART I CHAPTER 95 § 1960


Prohibition of unlicensed money transmitting business:

a) the term “unlicensed money transmitting business” means a money transmitting


business which affects interstate or foreign commerce in any manner or degree
and,

b) is operated without an appropriate money transmitting license in a State where


such operation is punishable as a misdemeanor or a felony under State law,
whether or not the person acting as an unlicensed money transmitter knew that the
operation was required to be licensed or that the operation was so punishable.

c) whoever knowingly conducts, controls, manages, supervises, directs, or owns all


or part of an unlicensed money transmitting business, shall be fined in accordance
with this title or imprisoned not more than 5 years, or both.

REQUIREMENTS TO REGISTER AS AN MSB

TITLE 31 CFR 103.41


Registration of Money Service Business

Any person doing business, providing one or more of the following services is considered
an MSB:
„ currency dealing or exchange
„ check cashing
„ sale of money orders or traveler’s check
„ money transfer
„ stored valued
„ US Postal Service

Requirements to register with FinCen as an MSB:

„ conducts a transaction or series of transactions adding to more than $1,000


with one person in any one day in the following service business activity:

„ Currency dealing or exchange


„ Check cashing
„ Sale or purchase of Money Orders or traveler’s check or store
valued
„ Provides money transfer services on its own for any amount.

Rev 01/21/2010 Property of Intermex – Reproduction prohibited


Exceptions:

„ If acting solely as an authorized agent of another MSB and does


not perform any other MSB activity on its own

To register visit web page www.fincen.gov and use FinCen Form 107 TD F 90-22.55

PENALTIES FOR NOT REGISTERING AS AN MSB

Any person that knowingly does not comply with registering requirements could be fined
up to $5,000 for each violation of the law. Each day in violation, constitutes an
additional new violation.

In addition there are criminal fine penalties and jail sentence for up to 5 years.

PROCEDURES TO RESPOND TO LAW ENFORCEMENT REQUESTS

Pursuant to BSA law Title 31 CFR 103.125; all money services businesses (MSB) are
required to implement procedures to respond to requests for information and/or
documents and visits from representatives of the law, such as FBI, Police Department,
IRS, etc.

These procedures must be implemented by you, in writing and be visible in your


business, so that employees have easy access to them. The procedures must at least
include the name of the agency compliance officer or the person assigned to this task, the
phone number to contact the compliance officer without delay and instructions on how to
proceed and / or respond to the request and / or visit.

It is important that you as an MSB implement these procedures as part as your


AML/BSA Compliance Program.

Rev 01/21/2010 Property of Intermex – Reproduction prohibited


APPENDIX

Summary of BSA Requirements for MSBs

9 Registration – Certain MSBs must register and maintain a list of agents, if any.

9 If an MSB knows, suspects, or has reason to suspect that any transaction or


activity is suspicious and it involves or aggregates funds or other assets of $2,000
or more, ($5,000 or more if identified by issuers from a review of clearance
records), it must file a SAR.

9 Anti-Money Laundering (AML) compliance program –All MSBs are required to


develop and implement an AML compliance program.

9 If an MSB provides either cash-in or cash-out transactions of more than $10,000


with the same customer in a day, it must file a CTR.

9 If an MSB provides money orders or traveler’s checks for cash of $3,000-


$10,000, inclusive, to the same customer in a day, it must keep a record.

9 If an MSB provides money transfers of $3,000 or more (Oklahoma for $1,000 or


more) to the same customer in a day, regardless of the method of payment, it must
keep a record.

ADDITIONAL INFORMATION

For answers to your questions about BSA reporting and recordkeeping requirements,
please visit www.msb.gov.

Or call:

The Detroit Computing Center Hotline 1-800-800-2877

The FinCEN Regulatory Helpline 1-800-949-2732

To order free guidance materials 1-800-386-6329

To order BSA forms from the IRS Forms Distribution Center 1-800-829-3676

Rev 01/21/2010 Property of Intermex – Reproduction prohibited


3 AML/BSA PRESENTACIÓN DE
ENTRENAMIENTO
ESPAÑOL
Acta de Sigilo Bancario (BSA)
Acta de Sigilo Bancario
y „ Creado por el Congreso el año 1970 y
Programa de Anti
Anti--lavado enmendado por el Acta Patriota del 2001
de dinero „ Para combatir el lavado de dinero y otros
crímenes financieros

Seminario de Entrenamiento
„ Para generar un “rastro de papeles” mediante
reportes al gobierno

Property of Intermex, Reproduction Property of Intermex, Reproduction


3/9/2010 prohibited 3/9/2010 prohibited

Acta de Sigilo Bancario Acta de Sigilo Bancario

„ Entidades reguladoras:
„ Entidades reguladas:

„ Departamento del Tesoro „ Bancos


„ FinCEN
Fi CEN (R
(Red
d de
d Control
C t l de
d Crímenes
Cí Financieros)
Fi i )
„ Cajas de Ahorros
„ IRS (Servicio de Renta Interna)

„ Oficina de Control de Activos Extranjeros (OFAC)


„ Cooperativas
„ Contralor de la Moneda (OCC) „ Negocios de Servicios de Dinero (MSB)

„ Departamentos de Banca y Finanzas Estatales


Property of Intermex, Reproduction Property of Intermex, Reproduction
3/9/2010 prohibited 3/9/2010 prohibited

Lavado de dinero Etapas del Lavado de Dinero


„ Ubicación: Ingresar los fondos ilegales al sistema
financiero sin llamar la atención. Incluye depósitos
„ Esconder o disfrazar la procedencia de estructurados de fondos.
dinero ilegal, y la conversión de dinero
Ocultamiento: Movilización de fondos en todo el
ilícito en fondos q
que aparentan
p ser
„
sistema financiero,
financiero en una compleja serie de
legítimos transacciones para crear confusión y complicar el rastreo
documental.

„ Integración: Una vez que los fondos están en el


sistema financiero y aislados a través de la etapa de
ocultamiento, el paso de integración es utilizado para
crear la apariencia de legalidad a través de más
transacciones.
Property of Intermex, Reproduction Property of Intermex, Reproduction
3/9/2010 prohibited 3/9/2010 prohibited

Property of Intermex 1
„ Actividades Sospechosas „ Ejemplos de Actividades Sospechosas

„ Involucra dinero de una actividad criminal „ Utilización de identificación falsa

„ Diseñada para evadir requisitos de ley „ Dos o mas clientes utilizan el mismo
d
documento pero con foto
f o nombres
b
diferentes
„ Aparenta no tener sentido común
„ Estructurar transacciones para evadir
„ Utiliza un MSB para facilitar el crimen requisitos de la ley

Property of Intermex, Reproduction Property of Intermex, Reproduction


3/9/2010 prohibited 3/9/2010 prohibited

„ Estructuración:: Diseñar una transacción


Estructuración „ Estructuracion
para evadir requisitos de ley
„ La ley especifica que una persona al
„ Un cliente separa una transacción grande en
estructurar, ayudar a estructurar o intentar
dos o mas pequeñas
estructurar transacciones con una o mas
i tit i
instituciones financieras,
fi i es culpable
l bl ded un
„ Una transacción grande es partida para ser delito federal.
efectuadas por dos o mas personas

„ Un cliente utiliza una lista de nombres para Title 31 CFR, Sec. 103.63 (c)
hacer varias transacciones

Property of Intermex, Reproduction Property of Intermex, Reproduction


3/9/2010 prohibited 3/9/2010 prohibited

Actividades ilegales castigadas bajo la Ley


de Lavado de Dinero „ Señales de Alerta:
Alerta: Factores indicadores
que una transacción puede ser sospechosa
„ Trafico humano
„ Explotación sexual, incluyendo niños
„ Trafico de drogas o sustancias ilegales „ Cantidad de dinero es muy grande para el
„ Trafico de armas cliente típico
„ Trafico de productos robados
robados, contrabando
contrabando, piratería
„ Corrupción, soborno, fraude, extorsión, falsificación,
chantajeo „ Transacciones mas frecuentes que lo normal
„ Rapto o secuestro
„ Participación en organizaciones o grupos criminales
„ El tipo de transacción no es normal para el
„ Terrorismo o financiamiento terrorista
tipo de cliente
„ y otros
Property of Intermex, Reproduction Property of Intermex, Reproduction
3/9/2010 prohibited 3/9/2010 prohibited

Property of Intermex 2
„ Ejemplos de Señales de Alerta
Nota importante:
„ Identificación falsa

„ Cliente cambia los montos después de saber el


„ Si es obvio que un cliente cometió un
reglamento crimen, como trafico de drogas u otros, la
ley requiere que se reporte este en un
„ El cliente
li t hace
h transacciones
t i justo
j t por debajo
d b j de
d los
l SAR (reporte de actividades sospechosas)
limites de reporte

„ Dos o mas clientes que aparentan estar juntos


dividen transacciones

„ El cliente utiliza otros servicios para dividir


transacciones
Property of Intermex, Reproduction Property of Intermex, Reproduction
3/9/2010 prohibited 3/9/2010 prohibited

„ Recuerde: Requisitos de Registro de


Información
„ Plazo 30 días para reportar un SAR
„ Forma Intermex 1025:
„ La ley lo protege al reportar actividades sospechosas „ Envíos a Colombia de $1,000 o mas
„ Envíos desde el Estado de Oklahoma de $1,000 o mas
„ El reporte SAR no acusa a nadie de un crimen „ Envíos a otros países de $2,000
$2 000 o mas

Los formularios deberán ser diligenciados por


„ Si se presenta una situación de urgencia contacte a completo y la identificación presentada debe estar
las autoridades y luego remita un SAR valida, vigente y legible.

„ Es ilegal decirle a las personas envueltas en la Aparte de estos limites específicos, Intermex hará un
análisis de la frecuencia de giros de un cliente, y
transacción que se envió un SAR podría exigir la forma 1025 en ese momento.
Property of Intermex, Reproduction Property of Intermex, Reproduction
3/9/2010 prohibited 3/9/2010 prohibited

„ Documentación aceptable:
„ Venta de Money Orders de $3,000 a
$10,000 (simple y múltiple)
„ Licencia de Conducir (US)
„ Tarjeta del Seguro Social o ITIN (US)
„ Tarjeta de Residencia (US) „ Obtener y verificar documentos de
„ Permiso de Trabajo (US) identificación del cliente
„ Tarjeta Militar (US)

„ Pasaporte „ Registrar los detalles de la transacción


„ Matricula Consular

„ Tarjeta de Elector
„ Mantener los registros por 5 años
„ Cedula de Identidad

Property of Intermex, Reproduction Property of Intermex, Reproduction


3/9/2010 prohibited 3/9/2010 prohibited

Property of Intermex 3
„ Reporte de Actividades Sospechosas SAR „ Reporte de transacciones en efectivo
(CTR)
„ Registrar toda información relevante a una
actividad sospechosa en un formulario SAR
„ Transacciones de mas de $10,000 de entrada
„ Enviar el SAR a: o salida de dinero efectivo
Enterprise Computing Center - Detroit
Attn: SAR-
SAR-MSB
„ Por la misma persona, o por orden de la
P.O. Box 33117
misma persona
Detroit, MI 48232-
48232-0980

„ Procesada en el mismo día


„ Mantener copia del SAR y soporte por 5 años
Property of Intermex, Reproduction Property of Intermex, Reproduction
3/9/2010 prohibited 3/9/2010 prohibited

Para reportar un CTR:


Programa de Anti-
Anti-Lavado
„ Verificar y registrar los documentos de identidad

„ Registrar la información de la transacción „ Todos los MSB y agencias de MSBs tienen


que implementar un programa de Anti-
Anti-
„ Hacer una copia del CTR diligenciado Lavado de Dinero (AML). Es requerido por
la regulación federal 31 CFR 103.125.
„ Enviar el Original a:

IRS Detroit Computing Center


Attn: CTR
„ Los programas deben ser desarrollados de
P.O. Box 33604 acuerdo al riesgo que cada negocio
Detroit, MI 48232-
48232-5604 presenta debido a la ubicación, tamaño
„ Mantener una copia del CTR por 5 años naturaleza y volumen de transacciones.
Property of Intermex, Reproduction Property of Intermex, Reproduction
3/9/2010 prohibited 3/9/2010 prohibited

Oficina del Control de Activos


„ Un Programa de Anti-
Anti-lavado debe: Extranjeros (OFAC)
„ Estar por escrito „ Administra y aplica sanciones de política
exterior y seguridad nacional a:
„ Incorporar políticas, procedimientos y
controles
„ ciertos gobiernos corruptos
„ Proveer educación y entrenamiento a los „ grupos terroristas
empleados „ narcotraficantes internacionales
„ individuos involucrados en el desarrollo de
„ Tener un proceso de revisión independiente armas de destrucción masiva

Property of Intermex, Reproduction Property of Intermex, Reproduction


3/9/2010 prohibited 3/9/2010 prohibited

Property of Intermex 4
Penalidades
„ Sistema de filtro OFAC
Civiles y Criminales
„ Protege a la empresa de individuos sancionados o „ Por no cumplir con la ley BSA
bloqueados
„ Por negligencia
„ Filtra a todos los remitentes y beneficiarios „ Multa de hasta $500

„ Con intención
„ Posibles similitudes son evaluadas con identificación „ Multa igual a la cantidad de la transacción o transacciones
del cliente hasta $100,000 (Mínimo 25,000)

„ Si el match es positivo Intermex procede de acuerdo „ Penalidades máximas


a las regulaciones de ley „ Multa de hasta $500,000, y
„ Prisión de hasta 10 años
Property of Intermex, Reproduction Property of Intermex, Reproduction
3/9/2010 prohibited 3/9/2010 prohibited

„ Es de suma importancia que los Información Adicional


empleados de los MSB sean educados y „ Para obtener mas información acerca de las
entrenados de cómo cumplir con las leyes y regulaciones de BSA y programas de
regulaciones BSA y seguir los programas Anti--lavado (AML):
Anti
de Anti-
Anti-lavado de la empresa.
„ Visite la pagina web www.fincen.gov

La ayuda que los MSB pueden ofrecer a „ Detroit Computing Center hotline 1-
1-800
800--800
800--2877
las autoridades es valiosa siempre que los
FinCEN Regulatory helpline 1
1--800
800--949
949--2732
reportes sean diligenciados correctamente, „

y se envíen en el tiempo requerido de „ Para ordenar material didáctico 1-


1-800
800--386
386--6329
acuerdo a la ley.
„ Para ordenar formularios BSA 1-
1-800
800--829
829--3676
Property of Intermex, Reproduction Property of Intermex, Reproduction
3/9/2010 prohibited 3/9/2010 prohibited

No tomen riesgos innecesarios!

MSB

Negocio de Servicios de Dinero


(Money Service Business)
www.video-clips.co.uk_aligator

Property of Intermex, Reproduction Property of Intermex, Reproduction


3/9/2010 prohibited 3/9/2010 prohibited

Property of Intermex 5
Money Service Business „ Requisito para registrarse como MSB con
FinCEN:
MSB „ Si hace transacciones de mas de $1,000 para
„ Una persona que hace negocio en alguno los cualquier persona en un solo día en los
siguientes rubros:
siguientes rubros es considerado un MSB:
„ Cambio de divisas
„ Cambio de divisas „ Canje de cheques
„ Canje de cheques „ Compra o Venta de Money Orders o cheques de
„ Venta de Money Orders o cheques de viajero viajero o valores almacenados
„ Remesas de dinero
„ Correo postal „ Si hace transacciones de remesas de dinero
„ Valor agregado electrónico directamente por si solo, sin importar el
monto.
Property of Intermex, Reproduction Property of Intermex, Reproduction
3/9/2010 prohibited 3/9/2010 prohibited

„ Penalidades:
„ Excepciones:
„ Una persona que concientemente no cumple
con los requisitos de registro se le podría
„ Si solo actúa como agente de otro MSB, siempre y
cuando no efectué alguna actividad de MSB por si aplicar una penalidad civil de hasta $5,000
solo. por cada violación de la ley. Cada día que
este
t en violación,
i l ió constituye
tit una violación
i l ió
„ Registrarse utilizando la forma: nueva adicional.
FinCen 107
TD F 90
90--22.55 „ Aparte existen penalidades criminales de
multas y pena de cárcel de hasta 5 años.

Property of Intermex, Reproduction Property of Intermex, Reproduction


3/9/2010 prohibited 3/9/2010 prohibited

„ Penalidades por no tener licencia de envíos de


dinero

„ De acuerdo con el Titulo 18


18,, Parte I Capitulo 95 § 1960
1960;; el termino negocio
de envío de dinero sin licencia", significa un negocio de envío de dinero que
afecta el comercio interestatal o extranjero, en cualquier forma o grado y,

opera sin una licencia apropiada para enviar dinero en un Estado en que
Gracias por su atención
„
dicha operación es sancionada como un delito menor o felonía bajo la ley
estatal aunque la persona que actúa como tal,
estatal, tal tenga o no conocimiento de
que la operación requiere de una licencia o que la operación es penalizada.
penalizada.

„ quien conociendo, lleva a cabo


cabo,, controla, gestiona, supervisa, dirige, o es
propietario de todos o parte de un negocio de envío de dinero sin licencia,
será multado de acuerdo con este título o encarcelado por no más de 5
años, o ambos.

Property of Intermex, Reproduction Property of Intermex, Reproduction


3/9/2010 prohibited 3/9/2010 prohibited

Property of Intermex 6
4 AML/BSA POWER POINT
TRAINING PRESENTATION
ENGLISH
Bank Secrecy Act (BSA)
The Bank Secrecy Act
and „ Created by Congress in 1970, and
Anti--Money Laundering
Anti amended by the Patriot Act of 2001
Program „ To combat money laundering and other
financial crimes

Training Seminar
„ To create a ““paper
paper trail
trail”” through specialized
reporting

Property of Intermex, Reproduction Property of Intermex, Reproduction


3/9/2010 prohibited 3/9/2010 prohibited

Bank Secrecy Act (cont).


cont). Bank Secrecy Act (cont)
cont)

„ Regulating Untities:
Untities:
„ Regulated entities
entities::
„ US Department of Treasury
„ FinCEN (Financial Crimes Enforcement Network) „ Banks
„ IRS (Internal
(Internal Revenue Service
Service)) „ Savings and loans institutions
„ OFAC (Office of Foreign Assets Control)
„ Credit Unions
„ OCC (Currency
(Currency Controler
Controler))
„ Money Service Business (MSB)
„ Other financial institutions
„ State Departments of Banking and Finance

Property of Intermex, Reproduction Property of Intermex, Reproduction


3/9/2010 prohibited 3/9/2010 prohibited

Illegal Activity under Money Laundering


Money Laundering Laws
„ Human trafficking
„ Process of concealing the existence, illegal „ Sexual exploitation
source, or application of income derived „ Drug or illegal substance dealing
from criminal activity,
y, and the subsequent
q „ Arms dealing
Stolen goods dealing, contraband, pirating
disguising of the source of that income to „

„ Corruption, bribery, fraud, extortion, counterfeiting


make it appear legitimate. „ Kidnapping
„ Participation in organized crime groups
„ Terrorism or terrorism financing

Property of Intermex, Reproduction Property of Intermex, Reproduction


3/9/2010 prohibited 3/9/2010 prohibited

Property of Intermex 1
Stages of Money Laundering „ Suspicious Activity
„ Placement: To mingle illegal funds into the financial
system. Includes structured deposits. „ Involves funds derived from illegal activities
„ Layering: Move funds throughout the financial system
in a series of complex transactions to create confusion „ Designed to evade legal requirements
and make it difficult to trace
trace.

„ Integration: Once funds are in the financial system „ Appears to serve no apparent lawful purpose
and isolated through the layering process, the
integration step is used to create the appearance of
legality through legal investments and businesses.
„ Uses an MSB to facilitate the crime

Property of Intermex, Reproduction Property of Intermex, Reproduction


3/9/2010 prohibited 3/9/2010 prohibited

„ Examples of suspicious activity „ Structuring:: Design a transaction to


Structuring
evade reporting requirements.
„ Use of counterfeit ID
„ A customer divides a large transaction in two
or more smaller ones
„ Two or more customers use the same ID
number
b
„ A large transaction is divided between two or
more individuals
„ Structure transactions to evade reporting
requirements „ A customer presents a list of names to
request several transactions

Property of Intermex, Reproduction Property of Intermex, Reproduction


3/9/2010 prohibited 3/9/2010 prohibited

„ Structuring „ Red Alerts:


Alerts: Indicators that signal that an
activity or transaction might be suspicious

„ Structure or assist in structuring, or attempt


to structure or assist in structuring, any „ The amount involved is too large for the
transaction with one or more domestic typical customer
fi
financial
i l institutions.
i tit ti
„ Frequency of transactions is more that usual
Title 31 CFR, Sec. 103.63 (c)
„ The type of transaction is no normal for the
type of customer

Property of Intermex, Reproduction Property of Intermex, Reproduction


3/9/2010 prohibited 3/9/2010 prohibited

Property of Intermex 2
„ Red Alert Examples
Important:
„ False Identification Documents

„ Customer changes amounts after learning about


„ If it is obvious that a customer has
reporting requirements committed a crime, such as drug
trafficking or other crimes, the law
„ C t
Customer makes
k transactions
t ti just
j t under
d reporting
ti requires that you report this on a SAR.
requirements

„ Two or more customers working together to split


transaction to avoid reporting

„ Customer utilizes other services to split transactions


Property of Intermex, Reproduction Property of Intermex, Reproduction
3/9/2010 prohibited 3/9/2010 prohibited

„ Remember: Record Keeping Requirements


„ Deadline to report a SAR is 30 days from the
discovery of the suspicious activity „ Intermex Form 1025:

„ Wire transfer to Colombia of $1,000 or more


„ The law protects you when filing a SAR „ Wire transfer from the State of Oklahoma of $1,000 or more
„ Wire transfer to other countries of $
$2,000
, or more
„ A SAR does not accuse anyone of a crime
The form must be legible, fully completed and submitted along
with a valid picture identification.
„ If an urgent situation arises, first contact the
authorities and then file a SAR In addition to the established limits, Intermex will analyze
sender frequency and accumulated amounts, requiring the
sender to provide form 1025 at that time.
„ It is illegal to tell any person involved in the
transaction thatProperty
a SAR has been filed
of Intermex, Reproduction Property of Intermex, Reproduction
3/9/2010 prohibited 3/9/2010 prohibited

„ Acceptable forms of identification:


„ US Driver’s License
„ Sale of Money Orders of $3,000 to
„ US Identification Card
$10,000 inclusive (single or multiple )
„ US Employment Authorization Card

„ US Residence Alien Card


„ Verify and record customer information
„ US Military Card
including identification
„ US Social Security Card or ITIN

„ Passport
„ Record transaction information
„ Consular ID Card / Matricula Consular

„ Foreign Electoral Card / Tarjeta de Elector

„ Cedula de Identidad „ Keep record for 5 years

Property of Intermex, Reproduction Property of Intermex, Reproduction


3/9/2010 prohibited 3/9/2010 prohibited

Property of Intermex 3
„ Suspicious Activity Report - SAR „ Currency Transaction Report (CTR) –
„ Record relevant information on FinCen
FinCen Form 104
Form 109
„ Involves one or series of transactions of
„ Send SAR report to: $10,000 or more in either cash-in or cash-out
Enterprise Computing Center - Detroit
Attn: SAR-MSB
P.O. Box 33117
„ Is conducted by, or on behalf of, the same
Detroit, MI 48232-0980 person, and

„ Keep record and supporting documents „ Is conducted on the same business day
for 5 years
Property of Intermex, Reproduction Property of Intermex, Reproduction
3/9/2010 prohibited 3/9/2010 prohibited

To file a CTR:
Anti-Money Laundering Program
„ Verify and record customer identification

„ Record customer transaction information „ Each MSB and agencies of an MSB are
required to have and implement anti-
„ Make a copy of the completed CTR money laundering program (AML). See
Federal Regulation 31 CFR 103.125.
„ Send the original to:

IRS Detroit Computing Center „ Each program must be commensurate


Attn: CTR with the risks posed by the location, size,
P.O. Box 33604
Detroit, MI 48232-5604 nature and volume of the financial
services provided by the MSB.
„ Keep copy of the CTR for 5 years
Property of Intermex, Reproduction Property of Intermex, Reproduction
3/9/2010 prohibited 3/9/2010 prohibited

Office of Foreign Asset Control


„ The Anti-Money laundering Program must (OFAC)
be in writing and must :
„ Administers and enforces economic and
„ Incorporate policies and procedures, and trade sanctions to:
internal controls,
„ D i
Designatet a compliance
li officer,
ffi „ certain corrupted governments
„ Provide education and/or training of „ terrorists groups
appropriate personnel,
„ international narcotics traffickers
„ Provide for independent review „ individuals engaged in activities related to
weapons of mass destruction.

Property of Intermex, Reproduction Property of Intermex, Reproduction


3/9/2010 prohibited 3/9/2010 prohibited

Property of Intermex 4
„ OFAC System Filter Civil and Criminal Penalties
„ Safeguards against individuals sanctioned or blocked „ Failure to comply with BSA law
persons
„ For negligence
„ Filters all remitters and beneficiaries „ Fines for $500 for each violation

„ With intention
„ Possible matches are evaluated against the customer „ Fines for the same amount involved in the transaction (s) or
identification up to $100,000 (Minimum of $25,000)

„ If the match is positive, Intermex proceeds according „ Maximum penalty


to rules and regulations stipulated by OFAC „ Fine of up to $500,000, and or
„ Imprisonment of up to 10 years
Property of Intermex, Reproduction Property of Intermex, Reproduction
3/9/2010 prohibited 3/9/2010 prohibited

„ It is therefore important that employees of Adicional Information


an MSB are educated and thoroughly „ To obtain more information regarding BSA rules
trained on how to comply with BSA and regulation and Anti-Money Laundering
regulations and a program is in place to Programs (AML):
ensure that employees are following their „ Visit web page www.msb.gov
anti-moneyy launderingg program.
p g
„ D t it C
Detroit Computing
ti C Center
t h hotline
tli 1-800-800-2877
1 800 800 2877

MSB’s can do a great deal to help the „ FinCEN Regulatory helpline 1-800-949-2732
federal government by accurately and
„ To order guidance material 1-800-386-6329
timely reporting, and maintaining BSA
records for the requisite time period. „ To order regulatory BSA forms 1-800-829-3676

Property of Intermex, Reproduction Property of Intermex, Reproduction


3/9/2010 prohibited 3/9/2010 prohibited

Do not take unnecessary risks!

MSB

Money Service Business

Property of Intermex, Reproduction Property of Intermex, Reproduction


3/9/2010 prohibited 3/9/2010 prohibited

Property of Intermex 5
Money Service Business „ Requirements to register with FinCen as an
MSB:
MSB
conducts a transaction or series of transactions
Any person doing business, providing one
„
„
adding to more than $1,000 with one person in any
or more of the following services is one day in the following service business activity:
considered an MSB:
„ currency dealing or exchange „ Currencyy dealing
g or exchange
g
Check cashing
check cashing
„
„
„ Sale or purchase of Money Orders or traveler’s check or store
„ sale of money orders or traveler’s check valued
„ money transfer
„ stored valued „ Provides money transfer services on its own for any
amount.
„ US Postal Service
Property of Intermex, Reproduction Property of Intermex, Reproduction
3/9/2010 prohibited 3/9/2010 prohibited

„ Penalties for not registering as an MSB:


„ Exceptions:
„ Any person that knowingly does not comply
with registering requirements could be fined
„ If acting solely as an authorized agent of another
MSB and does not perform any other MSB activity up to $5,000 for each violation of the law.
on its own Each day in violation, constitutes an additional
new violation
i l ti .
„ To register use:
FinCen Form 107 „ In addition there are criminal fine penalties
TD F 90-22.55 and jail sentence for up to 5 years

Property of Intermex, Reproduction Property of Intermex, Reproduction


3/9/2010 prohibited 3/9/2010 prohibited

„ Penalties for unlicensed money transmitters:

„ In accordance with Title 18 18,, Part I, chapter 95


95§§1960
1960;; the term
“unlicensed money transmitting business” means a money transmitting
business which affects interstate or foreign commerce in any manner or
degree and,

„ is operated without an appropriate money transmitting license in a


State where such operation is punishable as a misdemeanor or a felony Thank you for your attention
under State law, whether or not the person acting as an unlicensed
money transmitter knew that the operation was required to be licensed
or that the operation was so punishable
punishable..

„ Whoever knowingly conducts, controls, manages, supervises, directs, or


owns all or part of an unlicensed money transmitting business, shall be
fined in accordance with this title or imprisoned not more than 5 years,
or both.
both.

Property of Intermex, Reproduction Property of Intermex, Reproduction


3/9/2010 prohibited 3/9/2010 prohibited

Property of Intermex 6
4 OFICINA DE CONTROL DE BIENES
EXTRANJEROS (OFAC)
ESPAÑOL
Protegiendo Nuestra Seguridad Nacional:
La Importancia de Cumplir con
la Oficina de Control de Bienes Extranjeros (OFAC)
para las Empresas de Servicios Monetarios
Hace unos meses, un individuo entró en una Casa de Cambio grande y pagó dinero
en efectivo para enviar un giro a otro país. Ya que la cantidad era pequeña, la casa de
cambio no obtuvo información adicional de identificación del remitente. Cuando el
nombre del remitente se buscó en la lista de la OFAC, se encontró una coincidencia
exacta en la lista de Terroristas Globales Especialmente Designados de la OFAC.
Adicionalmente, el beneficiario estaba en el último país donde se sabía que el
terrorista había estado. En el momento en que la Casa de Cambio buscó en la lista, el
remitente ya no estaba en la oficina. La Casa de Cambio intentó contactar varias
veces al remitente para obtener información adicional que hubiera llevado a conocer
si él era o no el terrorista, y además esperó varios meses antes de avisar a la OFAC.
Luego, de hecho resultó que el remitente era un terrorista y su dinero debio haber
sido bloqueado de inmediato. Como consecuencia, la Casa de Cambio enfrenta
posibles penalidades por su negligencia, y se perdió un punto importante en la lucha
contra el terrorismo.

La Importancia del Cumplimiento con la OFAC

La narración anterior ilustra varios puntos que las Empresas de Servicios Monetarios
(ESM) deben tener en cuenta:

1) Las ESM no pueden ignorar la responsabilidad de cumplir con la OFAC

Las ESM son una alternativa importante a las instituciones bancarias tradicionales y
pueden ser utilizadas por terroristas y narcotraficantes para transferir dinero dirigido a
propósitos delictivos. Si las ESM no adoptan los procedimientos necesarios para
proteger las transacciones, se crean medios que facilitan el movimiento de dinero de
delincuentes y amenazan la seguridad nacional.

2) Es ilegal facilitar la transferencia de dinero a una Persona Especialmente


Designada, sin importar el monto de la transacción.

Contrario a lo que generalmente se cree las regulaciones de la OFAC no hacen


excepciones a transacciones pequenas. Una ESM puede ser castigada por procesar
una transacción de cualquier monto si una Persona Especialmente Designada o de la
lista de Personas Bloqueadas de la OFAC toma parte en la transacción. Impedir e
informar todas las transacciones que involucran objetivos sancionables, sin tener en
cuenta el monto, puede prevenir un acto terrorista u otra actividad que amenace la
seguridad nacional americana y los objetivos de su política extranjera.
3) La OFAC recomienda que las ESM recolecten toda la información del
remitente y del beneficiario antes que el remitente abandone la oficina.

Para determinar si el participante de una transacción está en la lista de Personas


Especialmente Designadas de la OFAC, la ESM debe recolectar toda la información
necesaria acerca del remitente antes que este salga de la oficina. El principio,
"conocer al cliente", incluye pedir documentación que compruebe la identidad del
cliente para ser comparada con los individuos y entidades de la lista de Personas
Especialmente Designadas de la OFAC. Si la ESM no obtiene la información mientras
el remitente está en la oficina, puede ser imposible obtenerla despues. Esto puede
impedir la posibilidad de determinar si hay una coincidencia con la lista de la OFAC, lo
cual puede causar un retraso en la notificación a las autoridades competentes, cuando
se trata de un criminal.

4) Cuando una ESM descubre que una Persona Especialmente Designada de la lista
OFAC está involucrada en una transferencia de dinero, la OFAC debe ser notificada
de inmediato.

Es sumamente importante que la ESM llame a la OFAC si determina que una Persona
Especialmente Designada de la lista de la OFAC esta enviando o recibiendo una
transferencia de dinero. Conocer la ubicación exacta de un terrorista o de un
narcotraficante conocido, es muy importante para las autoridades competentes. Las
ESM tienen la responsabilidad de mantener está información actualizada.

¿Qué es la OFAC?

La Oficina de Control de Bienes Extranjeros (OFAC por sus siglas en inglés) es una
oficina del Departamento del Tesoro de Estados Unidos. La OFAC está autorizada por
el Presidente para administrar y reforzar los programas de sanciones del gobierno
estadounidense.

Estos programas incluyen tanto sanciones para países como Cuba, Irán, y Sudán,
como sanciones para individuos y entidades cuyos nombres aparecen en las listas de
Nacionales Especialmente Designados y Personas Bloqueadas. En el sitio web
www.treas.gov/ofac se pueden consultar las versiones más recientes de estas listas
(SDN) e información acerca de los programas de los paises sancionados.

Las sanciones económicas son usadas por el gobierno estadounidense para prevenir
que los países, entidades, e individuos, usen el sistema financiero estadounidense
para propósitos que van contra la política extranjera de EE.UU. y sus objetivos de
seguridad nacional.

Lista de Nacionales Especialmente Designados y Lista de Personas


Bloqueadas

La OFAC y el Departamento de Estado han “señalado” oficialmente a varios agentes


extranjeros y organizaciones de fachada, así como terroristas, organizaciones
terroristas, y narcotraficantes. Las personas señaladas y las entidades identificadas se
incluyen en las listas de la OFAC que contienen más de 5,000 variantes en los
nombres de individuos, entidades gubernamentales, compañías, y buques mercantes
localizados en todo el mundo. Para cerciorarse que las transacciones ilícitas
involucrando países, personas y entidades de la lista OFAC no sean procesadas,
muchos bancos norteamericanos y corporaciones están usando un sofisticado
software de “interdicción” desarrollado por el sector privado, para marcar las
transacciones cuestionables que deben ser revisadas. Si este software marca una
transacción como coincidencia potencial con alguna entrada en las listas de la OFAC,
se deben seguir ciertos pasos descritos en la próxima sección, para verificar que la
coincidencia es real antes de llamar a la OFAC o tomar alguna acción con respecto al
hallazgo.

Cómo Determinar si se encuentra una coincidencia con las Listas de la OFAC

El software de interdicción es una herramienta que ayuda a identificar coincidencias


potenciales con la lista de la OFAC. Con el uso de este software inevitablemente
habran muchos "positivos” falsos. Como consecuencia, se deben tomar ciertos pasos
de “la debida diligencia” para cerciorarse que una coincidencia es una buena
coincidencia, es decir, para determinar si un individuo que hace parte de las
instrucciones de pago está en la lista de la OFAC. La siguiente puede ser utilizada
como guía para determinar si hay una buena coincidencia:

1. Si la coincidencia está en la lista de países objetivo o está en alguna otra lista (por
ejemplo, Lista del Departamento de Comercio EE.UU. o PEP, la CIA, Países no
Cooperativos, Lista Consolidada Canadiense (OSFI), Participantes Inhabilitados por el
Banco Mundial, Archivo de Oficiales Bloqueados, o funcionarios del gobierno de un
País Señalado) cual fue la coincidencia?

• Si el nombre está en las listas de la OFAC o de países objetivo,


continúe con el paso 2.

• Si está en alguna otra lista, debe avisar al “guardián” de esa lista.


Para preguntas sobre: (1) La Lista de Personas y Entidades Denegadas,
por favor avise a la Oficina de Industria y Seguridad del Departamento de
Comercio EE.UU. en el 202-482-4811, (2) Lista de personas solicitadas por
el FBI o cualquier otra lista del FBI, revise el sitio web
www.fbi.gov/contact/fo.htm, (3) Lista de Participantes Inhabilitados, por
favor avise a la Oficina de Control del Comercio en Materiales de Defensa
del Departamento de Estado EE.UU., 202-663-2700, o (4) Ley del Secreto
Bancario y Ley Patriota USA, por favor avise a la Red para el Combate del
Delito Financiero (FinCEN) en el 1-800-949-2732.

• Si usted no está seguro quien debe ser avisado, contacte al proveedor del
software de interdicción que le avisó de la coincidencia.

• Si usted no puede identificar la coincidencia, debe avisar al proveedor del


software de interdicción.

2. Una vez establezca que hay una coincidencia con las listas de la OFAC o países
objetivo, se debe evaluar la calidad de la coincidencia. Compare el nombre del
individuo o la entidad en las instrucciones de pago con el nombre en la lista de la
OFAC. ¿El nombre en la lista es de un barco o de una compañía? ¿Es el nombre de
un hombre y la persona en la transacción es una mujer, o viceversa?

• Si la respuesta es si a cualquiera de las dos preguntas,


no existe una coincidencia válida.

• Si la respuesta es no, continúe con el paso 3.

3. ¿Qué parte del nombre de la persona en la transacción se encuentra en la lista?


¿Solo el nombre o el apellido?
• Si la respuesta es si, no existe una coincidencia válida.

• Si la respuesta es no, continúe con el paso 4.

4. Compare la entrada completa de la lista de la OFAC con toda la información que


tiene en las instrucciones de pago. Una entrada en esa lista a menudo tiene, por
ejemplo, el nombre completo, la dirección, la nacionalidad, el pasaporte, la
identificación de contribuyente, el número de cedula, el lugar de nacimiento, la fecha
de nacimiento, nombres anteriores y seudónimos. ¿Faltan algunos de estos datos en
las instrucciones del pago?

• Si la respuesta es si, obtenga más información y vuelva a compararla con el


registro en la lista.

• Si la respuesta es no, continúe con el paso 5.

5. ¿Hay similitudes importantes o coincidencias exactas entre la información


proporcionada por el remitente y la entrada en la lista de la OFAC?

• Si la respuesta es sí, por favor llame al 1-800-540-6322.

• Si la respuesta es no, usted no tiene una coincidencia válida. *

* Si usted tiene razón para creer que al permitir a esta persona hacer negocios en los
Estados Unidos violaría cualquier Regulacion, debe llamar a la línea 1-800-540-6322 y
explicar lo que sabe o cree.

Poniendo la “Debida Diligencia” en Práctica

Para determinar si un individuo o una entidad está o no en la lista de la OFAC, se debe


recolectar la mayor información como posible y realizar una comparación entre los
datos de las personas en sus instrucciones de pago y los individuos y entidades en la
lista de la OFAC. El siguiente es un ejemplo sobre cómo una ESM puede poner en
práctica la “Debida Diligencia” .

Un individuo entra en la oficina de una ESM con la intención de hacer una


transferencia de US$200.00 a un individuo en Colombia. Él diligencia las instrucciones
de pago:

Orden del pago

Remitente:
Francisco Perdomo; 12345 Calle Principal, Ciudad, Estado, EE.UU. Codigo Postal
11111; Número de teléfono: (122) 456-7890
Institución que Recibe:
Banco Agrario de Colombia; Bogotá, Colombia,
Beneficiario:
Eugenio Menezes; Carrera 0, 12-34, Bogotá, Colombia,

Cuando se revisan los datos de la transacción a través del software de interdicción de


la ESM, el empleado ve las siguientes alarmas:

9 El Remitente, Francisco Perdomo, es una coincidencia potencial con Eugenio


Vargas Perdomo.
9 El Beneficiario, Eugenio Menezes, es una coincidencia potencial con Francisco
Dorneles de Menezes.

Con esta información marcada, el personal de la ESM debe determinar si los


individuos involucrados en la transacción son realmente los individuos de la lista de la
OFAC. Si se obedecio al principio de "Conocer al cliente", ¿se obtuvo la identificación
válida de Francisco Perdomo cuando entró en la oficina? ¿El proporcionó un
documento válido como una licencia de conducir, un pasaporte u otra forma de
identificación? Si no se hizo esto, tal vez falló la Debida Diligencia con respecto a la
OFAC.

¿Qué sucede si quien entró a la oficina era Eugenio Vargas Perdomo? En la lista de la
OFAC, el Sr. Perdomo es un Narcotraficante Especialmente Designado de Colombia.
El gobierno de los Estados Unidos ha identificado su fecha de nacimiento como
Noviembre 18 de 1969, su lugar de nacimiento es una ciudad de Colombia y su
número de cédula es 17344616. (El número de cedula es el equivalente colombiano
de un numero al Seguro Social de EE.UU.) Adicionalmente, el Sr. Perdomo usa el
seudónimo Francisco Dorneles De Menezes. Ahora hay suficientes similitudes entre
los nombres en las instrucciones de pago, que son una combinación de nombres y
alias en la lista de la OFAC, que ameritan recolectar mas información del cliente y
llamar a la línea de emergencia de la OFAC. Usted debe comparar la fecha de
nacimiento, el lugar de nacimiento, y otra informacion para estar seguro que su cliente
y cualquier otro individuo en las instrucciones de pago no está en la lista de la OFAC.

Avisando a la OFAC

Para cualquier pregunta con respecto al cumplimiento con la OFAC, por favor visite
nuestro website:

http://www.treas.gov/ofac

O llame a la OFAC través de uno de los siguientes teléfonos:

Línea de Emergencia de Cumplimiento: 1-800-540-6322

Fax : 202-622-2426

Correo de Emergencia (sólo para giros bancarios): ofachotline@do.treas.gov

OFICINA DE CONTROL DE BIENES EXTRANJEROS


OFFICE OF FOREIGN ASSETS CONTROL
U.S. Department of the Treasury
1500 Pennsylvania Avenue NW
Washington, DC 20220

Actualizado: 27 de agosto de 2004


3 OFFICE OF FOREIGN ASSETS
CONTROL (OFAC)
ENGLISH
Protecting Our National Security:
The Critical Nature of OFAC Compliance for
Money Service Businesses

A few months ago, an individual walked into a large Money Service Business (MSB) and paid cash to send a
wire overseas. Because the amount was small, the MSB did not obtain additional identifying information from
the remitter. When the remitter’s name was run against OFAC’s Specially Designated Nationals and Blocked
Persons list, it was an exact match to that of a Specially Designated Global Terrorist. In addition, the beneficiary
was located in the country where the terrorist was last known to be. By the time the MSB ran its OFAC scan on
the name, the remitter was no longer in the office. The MSB attempted several times to contact the remitter to
obtain additional information which would have either definitively identified him as the terrorist or cleared him,
but the MSB waited several months before contacting OFAC. As it turns out, the remitter was in fact a terrorist
target and his funds should have been blocked immediately. The MSB now faces possible civil penalties for its
negligence, and an important lead in the fight against terrorism was lost.

The Importance of OFAC Compliance


The above scenario illustrates a number of key points for MSBs to keep in mind:

1) MSBs cannot ignore their OFAC compliance responsibilities.

MSBs are an important alternative to traditional banking institutions and may be used by terrorists and narcotics
traffickers to transfer money for nefarious purposes. If MSBs neglect to adopt procedures for screening
transactions, this creates an available means for criminals to move money and threatens U.S. national security.

2) It is illegal to facilitate a money transfer to an SDN, regardless of the amount of the transfer.

Contrary to a common misconception, the OFAC regulations do not contain an exception for deminimis
transactions. An MSB may be penalized for processing a transaction of any amount if a Specially Designated
National or Blocked Person (SDN) is a party to the transaction. By interdicting and reporting all transactions
involving sanctions targets, regardless of the amount, you may well prevent a terrorist act or other activity that
threatens to undermine U.S. national security and foreign policy objectives.

3) OFAC recommends that MSBs collect all information on the remitter and the beneficiary before the remitter
leaves the office.

To determine if a party to a transaction is on OFAC’s SDN list, the MSB should collect all necessary
information from the remitter before he or she leaves the office. This “know your customer” principle entails
asking for documentation proving the identity of your customer in order to compare it to the individuals and
entities on the SDN list. If the MSB does not validate the identity and contact information of the remitter before
he or she leaves the office, it may be unable to obtain the information at a later time. This will make it
impossible to determine whether or not there is a true match to the list and delay notification of law enforcement
when a criminal is involved.
4) When an MSB discovers that an SDN is involved in a funds transfer, OFAC should be notified immediately.

It is absolutely critical that an MSB call OFAC if it determines that an SDN is originating or receiving a funds
transfer. Knowing the exact location of a known terrorist or narcotics trafficker is valuable information for law
enforcement. MSBs have a responsibility not to let the information become outdated!

What is OFAC?
The Office of Foreign Assets Control (OFAC) is an office of the U.S. Department of the Treasury. OFAC is
empowered by the President to administer and enforce the U.S. government’s sanctions programs. These
programs include both country sanctions, such as Cuba, Iran, and Sudan, as well sanctions placed on individuals
and entities whose names are place on the Specially Designated Nationals and Blocked Persons (SDN) list. See
www.treas.gov/ofac for the most recent version of the SDN list and country sanctions program brochures.

Economic sanctions are used by the U.S. government to prevent targeted countries, entities, and individuals
from, among other things, accessing the U.S. financial system for purposes that are contrary to U.S. foreign
policy and national security objectives.

Specially Designated Nationals and Blocked Persons List


OFAC and the Department of State have officially “designated” numerous foreign agents and front
organizations, as well as terrorists, terrorist organizations, and narcotics traffickers. The designated persons and
entities are identified on OFAC’s SDN list, which contains over 5,000 variations on names of individuals,
governmental entities, companies, and merchant vessels located around the world. To ensure that illicit
transactions involving targeted countries and SDNs are not processed, many U.S. banks and corporations are
using sophisticated “interdiction” software, developed by the private sector, to flag questionable transactions for
review. If such software flags an item as a potential match to OFAC’s SDN list, certain “due diligence” steps
outlined in the next section of this brochure should be taken to verify whether it is an actual match before
contacting OFAC or taking action with regard to the match.

How to Determine if You Have an Exact Match to the SDN List


Interdiction software is a tool to help identify potential matches with OFAC’s SDN list. Inevitably, there will be
many “false positives” with the use of this software. Therefore, certain “due diligence” steps should be taken to
ensure that a “hit” is a “good hit,” i.e., to determine whether an individual or entity on your payment instructions
is on the SDN list. The following is a guide on how to determine if you have a “good hit” when evaluating
potential matches against the SDN list:

1. Is the “hit” or “match” listed on the payment instructions against OFAC’s SDN list or targeted countries, or
is it “hitting” for some other reason (i.e., Commerce Control List or PEP, CIA, No n-Cooperative Countries and
Territories, Canadian Consolidated List (OSFI), World Bank Debarred Parties, Blocked Officials File, or
government official of a designated country), or can you tell what the hit is?

• If the name is hitting against OFAC’s SDN list or targeted countries, continue to Step 2 below.
• If it is hitting for some other reason, you should contact the “keeper” of whichever other list the match is
hitting against. For questions about: (1) The Denied Persons List and the Entities List, please contact the
Bureau of Industry and Security at the U.S. Department of Commerce at 202-482-4811, (2) The FBI’s
Most Wanted List or any other FBI-issued watch list, please see the Federal Bureau of Investigation’s
website at www.fbi.gov/contact/fo/fo.htm, (3) The Debarred Parties List, please contact the Office of
Defense Trade Controls at the U.S. Department of State, 202-663-2700, or (4) The Bank Secrecy Act
and the USA PATRIOT Act, please contact the Financial Crimes Enforcement Network (FinCEN) at 1-
800-949-2732.
• If you are unsure whom to contact, please contact the provider of the interdiction software that told you
there was a hit.
• If you cannot tell what the hit is, you should contact the provider of the interdiction software which told

2
you there was a hit.

2. Now that you have established that the hit is against OFAC’s SDN list or targeted countries, you must
evaluate the quality of the hit. Compare the name of the individual or entity on your payment instructions with
the name on the SDN list. Is th e name on the SDN list a vessel or a company rather than an individual (or vice-
versa)? Is the name on the SDN list a male’s name whereas the person on your payment instructions is a
female?

• If yes to either question, you do not have a valid match.*


• If no, please continue to Step 3 below.

3. How much of the SDN’s name is matching against the name on your payment instructions? Is only one of two
or more names matching (i.e., just the last name or just the first name)?

• If yes, you do not have a valid match.*


• If no, please continue to Step 4 below.

4. Compare the complete SDN entry with all of the information you have on the matching name on your
payment instructions. An SDN entry often will have, for example, a full name, address, nationality, passport, tax
ID or cedula number, place of birth, date of birth, former names and aliases. Are you missing a lot of this
information for the name on your payment instructions?

• If yes, go back and get more information and then compare your complete information against the SDN
entry.
• If no, please continue to Step 5 below.

5. Are there important similarities or exact matches between the information provided by the remitter and
OFAC’s SDN entry?

• If yes, please call the Hotline at 1-800-540-6322.


• If no, you do not have a valid match.*

* If you have reason to know or believe that allowing this person to do business in the United States would
violate any of the Regulations, you should call the hotline and explain this knowledge or belief.

Putting “Due Diligence” into Practice


Determining whether or not an individual or entity is on the SDN list requires collecting as much information as
possible and performing a comparison between the parties on your payment instructions and the individuals and
entities on the SDN list. The following is an example of how an MSB might approach “due diligence.”

An individual enters an MSB office intending to send a $200.00 funds transfer to an individual in Colombia. He
promptly prepares the following payment instructions :

Payment Order
Originator/By-Order Party:
Francisco Perdomo; 12345 Main Street, Anywhere Town, US 11111; Phone Number: (122)
456-7890
Account-With Institution:
Banco Agrario de Colombia; Bogota, Colombia
Beneficiary:
Eugenio Menezes; Carrera 0, 12-34, Bogota, Colombia

3
When the above transaction data is run through the MSB’s interdiction software, the employee sees the
following alerts:

ü The by-order party, Francisco Perdomo, is a potential match to Eugenio Vargas Perdomo.
ü The beneficiary, Eugenio Menezes, is a potential match to Francisco Dorneles de Menezes.

With this information flagged, your staff must now determine whether the individuals involved in this
transaction are actually the individuals on the SDN list. Have you complied with the requirement to “know your
customer?” Did you obtain valid identification on Francisco Perdomo when he walked into your office? Did he
furnish a valid driver's license, passport, visa or other form of I.D.? If you did not ask these questions , then you
may have "missed the boat" in exercising your due diligence with respect to OFAC compliance.

What if the actual person who came into your office was Eugenio Vargas Perdomo. On the SDN list, Mr.
Perdomo is a Specially Designated Narcotics Trafficker Kingpin (SDNTK) located in Colombia. The U.S.
Government has identified his date of birth to be November 19, 1969, his place of birth to be in Colombia, and
his cedula number as 17344616. (A cedula number is the Colombian equivalent of a U.S. social security
number.) Additionally, Mr. Perdomo uses the alias Francisco Dorneles De Menezes. There are enough
similarities between the names on your payment instructions, which are a combination of the SDN’s name and
alias, and the individual on the SDN list to merit collecting much more information from your customer and
calling the OFAC Hotline. You should compare dates of birth, places of birth, and other identifier information
to be sure that your customer and any other individuals on the payment instructions are not on the OFAC list.

Contacting OFAC
If you have any questions regarding OFAC compliance, please visit our website :

http://www.treas.gov/ofac

Or contact us via one of the following:

Compliance Hotline: 800.540.6322


Facsimile: 202.622.2426
e-Hotline (for wire transfers only): ofachotline@do.treas.gov

OFFICE OF FOREIGN ASSETS CONTROL


U.S. Department of the Treasury
1500 Pennsylvania Avenue, NW
Washington, DC 20220
Last Updated: August 27, 2004

4
BANK SECRECY ACT (BSA) AND
ANTI-MONEY LAUNDERING (AML)
COMPLIANCE PROGRAM

ACKNOWLEDGMENT FORM FOR INTERMEX AGENTS

I,_________________________, owner/officer of AGENCY No. _______, acknowledge


that I have received and made available to employees conducting transactions, the BSA
and AML Compliance Program, prepared by Intermex, as part of its ongoing training on
regulations, as prescribed in the Bank Secrecy Act (31 CFR 103.125), and the USA
Patriot Act of 2001. I also acknowledge that I have been trained by the Intermex Area
Representative on the procedures included in said document.

I further acknowledge that:

1. I have adopted the AML/BSA compliance program provided by Intermex, and further
understand that in order to implement and maintain an adequate compliance program, I
may have to additionally incorporate my own policies, procedures and internal controls that
must be commensurate with the risks posed by the location and size of, and the type and
volume of the financial services provided.

2. I will periodically train all members of my staff in the appropriate implementation of these
procedures, and that I will keep my staff, existing and new hires, updated on these and
any other procedures provided by Intermex.

3. I further agree that I will periodically monitor the implementation of these procedures by
my staff, and that I will be responsible for the compliance of these procedures, and any
changes made to them, in accordance with government or Intermex regulations.

4. I understand and agree that violations of the procedures established by Intermex to


comply with all government regulations, as well as those internal procedures established by
Intermex to safeguard the integrity of its operations, may be cause for the termination of
my Agency Agreement with Intermex.

Acknowledged on ______________ of _________________, ________


day month year

________________________ _______________________________
Signature of Agency Owner Signature of Intermex Representative

________________________
Agency Name
FAX TO 1-800-828-2900

12-04-07 Property of Intermex, Duplication Prohibited


FinCEN Form 109 Suspicious Activity Report by
March 31, 2007
Previous editions will not be Money Services Business
accepted after September 30, Please type or print. Always complete entire report. Items
2007
(Formerly Form TD F 90-22.56) marked with an asterisk * are considered critical. (See instructions.) OMB No. 1506-0015

1 Check this box only if amending or correcting a prior report (see item 1 instructions) 1a Check this box if this is a recurring report

Part I Subject Information 2 Multiple subjects (see item instructions)

3 Subject type (check only one box) a Purchaser/sender b Payee/receiver c Both a & b z Other

*4 Individual’s last name or entity’s full name *5 First name 6 Middle initial

*7 Address

*8 City *9 State *10 Zip Code *11 Country Code


(If not US)
_
*12 Government issued identification (if available)

a Driver’s license/state I.D. b Passport c Alien registration z Other ____________________________________

e Number f Issuing state/country ____________

*13 SSN/ITIN (individual) or EIN (entity) *14 Date of birth 15 Telephone number
______/______/________
MM DD YYYY
( )
Part II Suspicious Activity Information
*16 Date or date range of suspicious activity *17 Total amount involved in suspicious activity a Amount unknown

From _____/_____/_________ To _____/_____/_________


MM DD YYYY MM DD YYYY $ , , , .00
*18 Category of suspicious activity (check all that apply)
a Money laundering b Structuring c Terrorist financing z Other (specify) ___________________________________

*19 Financial services involved in the suspicious activity and character of the suspicious activity, including unusual use (check all that apply).
a Money order b Traveler’s check c Money transfer
z Other _______________________________________________________ e Currency exchange
Check all of the following that apply

(1) Alters transaction to avoid completing funds transfer record (5) Individual(s) using multiple or false identification documents

or money order or traveler’s check record ($3,000 or more) (6) Two or more individuals using the similar/same identification

(2) Alters transaction to avoid filing CTR form (more than $10,000) (7) Two or more individuals working together

(3) Comes in frequently and purchases less than $3,000 (8) Same individual(s) using multiple locations over a short time period

(4) Changes spelling or arrangement of name (9) Offers a bribe in the form of a tip/gratuity

(10) Exchanges small bills for large bills or vice versa

If mailing, send each completed SAR report to: A free secure e-filing system is available to file this report.
Enterprise Computing Center - Detroit Go to http://bsaefiling.fincen.treas.gov for more
Attn: SAR-MSB information and to register.
P.O. Box 33117
Detroit, MI 48232-0980

Catalog No. 49340J (Rev. 3/07)


Part II Suspicious Activity Information, Continued 2
*20 Purchases and redemptions (check box “P” for purchase or box “R” for redemption)

Instrument P R Issuers Total Instruments Total Amount (US Dollars)

Money Orders: ______________________________________________ ______ $__________________.00

______________________________________________ ______ $__________________.00

______________________________________________ ______ $__________________.00

Traveler’s Checks: ______________________________________________ ______ $__________________.00

______________________________________________ ______ $__________________.00

______________________________________________ ______ $__________________.00

Money Transfers ______________________________________________ ______ $__________________.00

______________________________________________ ______ $__________________.00

______________________________________________ ______ $__________________.00

*21 Currency Exchanges: Tendered Currency/Instrument Country Received currency Country Amount (US Dollars)

If bulk small currency __________________________ ______ __________________ ______ $__________________.00

If bulk small currency __________________________ ______ __________________ ______ $__________________.00

Part III Transaction Location 22 Multiple transaction locations

23 Type of business location (check only one) a Selling location b Paying location c Both

*24 Legal name of business 25 Doing business as

*26 Permanent address (number, street, and suite no.) *27 City *28 State *29 Zip Code

*30 EIN (entity) or SSN/ITIN (individual) *31 Business telephone number 32 Country 33 Internal control/file number
Code (If available)
( ) (If not US)

Part IV Reporting Business 34 The Reporting Business is the same as the Transaction Location (go to Part V)

*35 Legal name of business 36 Doing business as

*37 Permanent address (number, street, and suite no.) *38 City *39 State *40 Zip Code

*41 EIN (entity) or SSN/ITIN (individual) *42 Business phone number (include area code) 43 Country 44 Internal control/file number
Code (If available)
( ) (If not US)

Part V Contact for Assistance


*45 Designated contact office *46 Designated phone number (Include area code) 47 Date filed (See instructions)

( ) ______/______/________
MM DD YYYY
48 Agency (If not filed by a Money Services Business)
Part VI Suspicious Activity Information - Narrative* 3
Explanation/description of suspicious activity(ies). This section of the report is critical. The care with which it is completed may determine whether or
not the described activity and its possible criminal nature are clearly understood by investigators. Provide a clear, complete and chronological description
of the activity, including what is unusual, irregular or suspicious about the transaction(s). Use the checklist below, as a guide, as you prepare your
description. The description should cover the material indicated in Parts I, II and III, but the money services business (MSB) should describe any other
information that it believes is necessary to better enable investigators to understand the suspicious activity being reported.

a. Describe conduct that raised suspicion. or any exchanges of a foreign currency were involved. If so, identify
b. Explain whether the transaction(s) was completed or only attempted. the currency, country, and sources and destinations of money.
c. Describe supporting documentation and retain such documentation m. Indicate any additional account number(s), and any foreign bank(s)
for your file for five years. account numbers which may be involved in transfer of money.
d. Indicate a time period, if it was a factor in the suspicious transaction(s). n. Identify any employee or other individual or entity (e.g., agent)
For example, specify the time and whether it occurred during AM or suspected of improper involvement in the transaction(s).
PM. If the activity covers more than one day, identify the time of day o. For issuers, indicate if the endorser of money order(s) and/or
when such activity occurred most frequently. traveler’s check(s) is different than payee. If so, provide the individual
e. Retain any admission or explanation of the transaction(s) provided by or entity name; bank’s name, city, state and country; ABA routing
the subject(s) or other persons. Indicate when and to whom it was number; endorser’s bank account number; foreign non-bank name
given. (if any); correspondent bank name and account number (if any); etc.
f. Retain any evidence of cover-up or evidence of an attempt to p. For selling or paying locations, indicate if there is a video recording
deceive federal or state examiners, or others. medium or surveillance photograph of the customer.
g . Indicate where the possible violation of law(s) took place (e.g., q. For selling or paying locations, if you do not have a record of a
main office, branch, agent location, etc.). government issued identification document, describe the type, issuer
h. Indicate whether the suspicious activity is an isolated incident or and number of any alternate identification that is available (e.g., for a
relates to another transaction. credit card specify the name of the customer and credit card number.)
i. Indicate for a foreign national any available information on subject’s r. For selling or paying locations, describe the subject(s) if you do not
passport(s), visa(s), and/or identification card(s). Include date, country, have the identifying information in Part I or if multiple individuals use
city of issue, issuing authority, and nationality. the same identification. Use descriptors such as male, female, age, etc.
j. Indicate whether any information has been excluded from this s. If amending a prior report, complete the form in its entirety and note
report; if so, state reasons. the changes here in Part VI.
k. Indicate whether any U.S. or foreign instrument(s) were involved. t. If a law enforcement agency has been contacted, list the name of the
If so, provide the amount, name of currency, and country of origin. agency and the name of any person contacted, their title, their
l. Indicate whether any transfer of money to or from a foreign country, telephone number, and when they were contacted.

Supporting documentation should not be filed with this report. Maintain the information for your files.
Enter the explanation/description narrative in the space below. If necessary, continue the narrative on a duplicate of this page or a blank page.
Tips on SAR form preparation and filing are available in the SAR Activity Reviews at www.fincen.gov/pub_reports.html.
Legal disclaimers will not be included in this narrative. Also, do not include charts or tables.
FinCEN Form 109a Suspicious Activity Report by Money Services Business -- Instructions 1
Safe Harbor or evade any Federal law or regulation or to avoid negotiable or other instruments. The taking of the
any transaction reporting requirement under instruments in exchange for goods or general ser-
Federal law (31 U.S.C. 5318(g)(3)) provides Federal law or regulation; vices is not redemption under BSA regulations.
complete protection from civil liability for all
reports of suspicious transactions made to ii. The transaction is designed, whether C. General Instructions
appropriate authorities, including supporting through structuring or other means, to evade any
documentation, regardless of whether such regulations promulgated under the Bank Secrecy 1. This form should be e-filed through the
reports are filed pursuant to this report’s Act; or Bank Secrecy Act E-filing System. Go to
instructions or are filed on a voluntary basis. http://bsaefiling.fincen.treas.gov to register. This
Specifically, the law provides that a financial iii. The transaction has no business or form is also available for download on the Finan-
institution, and its directors, officers, employees apparent lawful purpose and the money services cial Crimes Enforcement Network’s Web site at
and agents, that make a disclosure of any possible business knows of no reasonable explanation for www.fincen.gov, or may be ordered by calling the
violation of law or regulation, including in the transaction after examining the available facts, IRS Forms Distribution Center at (800) 829-3676.
connection with the preparation of suspicious including the background and possible purpose
activity reports, “shall not be liable to any person of the transaction. 2. If not filed electronically or through magnetic
under any law or regulation of the United States, media, send each completed suspicious activity
any constitution, law, or regulation of any State or iv. The transaction involves the use of the report to:
political subdivision of any State, or under any money services business to facilitate criminal
contract or other legally enforceable agreement activity. Enterprise Computing Center-Detroit
(including any arbitration agreement), for such ATTN: SAR-MSB
disclosure or for any failure to provide notice of b. To the extent that the identification of P.O. Box 33117
such disclosure to the person who is the subject transactions required to be reported is derived Detroit, MI 48232-5980
of such disclosure or any other person identified from a review of clearance records or other similar
in the disclosure”. records of money orders or traveler’s checks that 3. While all items should be completed fully
have been sold or processed, an issuer of money and accurately, items marked with an asterisk (*)
Notification Prohibited orders or traveler’s checks shall only be required must be completed according to the provisions of
to report a transaction or a pattern of transactions paragraph 4 below.
Federal law (31 U.S.C. 5318(g)(2)) provides that that involves or aggregates funds or other assets
a financial institution, and its directors, officers, of at least $5,000. 4. If the information for a item marked with a
employees, and agents, who report suspicious asterisk (*) is not known or not applicable, enter
transactions to the government voluntarily or as 2. File a SAR-MSB no later than 30 calendar special response “XX” to complete the item. To
required by 31 CFR 103.20, may not notify any days after the date of initial detection of facts that indicate “Total amount” as unknown, check the
person involved in the transaction that the constitute a basis for filing the report. box provided. Non-asterisk fields should be left
transaction has been reported.
blank if the information is unknown or not
3. The Bank Secrecy Act requires that each
Notification Required applicable.
financial institution (including a money services
business) file currency transaction reports (CTRs)
In situations involving suspicious transactions 5. Complete each suspicious activity report by
in accordance with the Department of the Treasury
requiring immediate attention, such as ongoing providing as much information as possible on
implementing regulations (31 CFR Part 103). These
money laundering schemes, a money transmitter; initial and amended or corrected reports.
regulations require a financial institution to file a
a currency dealer or exchanger; or an issuer, CTR (FinCEN Form 104) whenever a currency
seller, or redeemer of money orders and/or 6. Do not include supporting documents when
transaction exceeds $10,000. If a currency
traveler’s checks shall immediately notify, by filing the suspicious activity report . Retain a copy
transaction exceeds $10,000 and is suspicious, a
telephone, an appropriate law enforcement of the suspicious activity report and all supporting
money transmitter, or issuer, seller or redeemer
authority. In addition, a timely SAR-MSB form documentation or business record equivalent in
of money orders and/or traveler’s checks or
shall be filed, including recording any such your files for five (5) years from the date of the
currency dealer or exchanger must file two forms,
notification in Part VI on the form. report. All supporting documentation (such as
a CTR to report the currency transaction and a
copies of instruments; receipts; sale, transaction
SAR-MSB to report the suspicious aspects of the
A. When To File A Report: or clearing records; photographs, surveillance
transaction. If the suspicious activity involves a
audio and/or video recording medium) must be
currency transaction that is $10,000 or less, the
1. Money transmitters; currency dealers and made available to appropriate authorities upon
institution is only required to file a SAR-MSB.
exchangers; and issuers, sellers and redeemers request.
Appropriate records must be maintained in each
of money orders and/or traveler’s checks that are case. See 31 CFR Part 103
subject to the requirements of the Bank Secrecy 7. Type or complete the report using block
Act and its implementing regulations (31 CFR Part written letters.
B. Abbreviations and Definitions
103) are required to file a suspicious activity report
(SAR-MSB) with respect to: 8. If more than one subject is being reported,
1. EIN -- Employer Identification Number
use as many copies of the Part I Subject Information
2. IRS -- Internal Revenue Service
a. Any transaction conducted or attempted page as necessary to record the additional subjects.
3. ITIN -- Individual Taxpayer Identification
by, at, or through a money services business Attach the additional page(s) behind page 1. If
Number
involving or aggregating funds or other assets of more than one transaction location is being
4. SSN -- Social Security Number
at least $2,000 (except as described in section reported, use as many copies of the Part III
5. Instruments -- includes Money order(s)
“b” below) when the money services business Transaction Location Information page as necessary
and/or Traveler’s Check(s)
knows, suspects, or has reason to suspect that: to record the additional locations. Attach the
additional page(s) behind page 2. If more space
6. Redeemer --A business that accepts
i. The transaction involves funds derived is needed for the Part VI Narrative, add as many
instruments in exchange for currency or other
from illegal activity or is intended or conducted blank continuation pages as necessary to complete
instruments for which it is not the issuer is a
in order to hide or disguise funds or assets derived the narrative. Attach the additional pages behind
redeemer. The MSB definition in 31 CFR
from illegal activity (including, without limitation, page 3.
103.11(u)(4) extends to “redeemers” of money
the nature, source, location, ownership or control orders and traveler’s checks only insofar as the
of such funds or assets) as part of a plan to violate instruments involved are redeemed for monetary
value — that is, for currency or monetary or other

Catalog No. 49341U (Rev. 3/07)


6
2
If more space is needed to complete any other Part I Subject Information Item 14 *Date of birth. See General
item, identify that item in Part VI by “item Instruction 9. If the subject is an individual, enter
number” and provide the additional information. Item 2 Multiple subjects. Check this box if the date of birth. If the month and/or day is not
multiple subjects are involved. Attach Part I available or unknown, fill in with zeros (e.g., “01/
9. Enter all dates in MM/DD/YYYY format Subject continuation pages behind page 1 to 00/1969” indicates an unknown date in January,
where MM = month, DD = day, and YYYY = account for all additional subjects involved in the 1969). If entire date is unknown, enter XX in the
year. Precede any single number with a zero, suspicious activity. MM part of the date field.
i.e., 01, 02, etc.
Item 3 Subject type. Check box “a” if the Item 15 Telephone number. See General
10. Enter all telephone numbers with (area subject purchased a money order(s) or traveler’s Instruction 10. Enter the U.S. home or business
code) first and then the seven numbers, using check(s) or sent a money transfer(s). Check box number for individual or entity. List foreign
the format (XXX) XXX-XXXX. List fax and “b” if the subject cashed a money order(s) or telephone numbers and any additional U.S.
international telephone numbers in Part VI. traveler’s check(s) or received payment of a money numbers (e.g., hotel, etc.) in Part VI.
transfer(s). Check box “c” if both “a” and “b”
11. Always enter an individual’s name by apply. If the transaction is a currency exchange Part II Suspicious Activity Information
entering the last name, first name, and middle check box “c.” Check box “z” Other and describe
initial (if known). If a legal entity is listed, enter in Part VI if the subject is an individual other than Item 16 *Date or date range of suspicious
its legal name in the last name item. If the legal a customer. Examples are MSB employees and activity. See General Instruction 9. Enter the
entity has a trade name that is different, list the agents. date of the reported suspicious activity in the
trade name in Part VI. “From” field. If more than one day is involved,
Items 4, 5, and 6 *Name of subject. See indicate the duration of the activity by entering
12. Enter all identifying numbers (alien General Instruction 11. Enter the name of the the first date in the “From” field and the last date
registration, driver’s license/state ID, EIN, ITIN, subject individual in Items 4 through 6. If the in the “To” field.
Foreign National ID, passport, SSN, vehicle MSB knows that the individual has an “also known
license number, etc.) starting from left to right. as” (AKA) or “doing business as” (DBA) name, Item 17 *Total dollar amount. See General
Do not include spaces or other punctuation. enter that name in Part VI. If the subject is an Instruction 14. If unknown, check box 17a. If the
entity, enter the legal name in Item 4 and the suspicious activity only involved purchases, or
13. Enter all ZIP Codes with at least the first trade or DBA name in item 5. If the legal name is redemptions, or currency exchanges, enter the
five numbers (ZIP+4, if known). not known, enter the DBA name in Item 4. If total U.S. Dollar value involved in the reported
there is more than one subject, use as many Part activity. For instance, if multiple money orders
14. Enter all monetary amounts in U.S. I Subject Information continuation pages as from more than one issuer were redeemed, enter
Dollars. Use whole dollar amounts rounded up necessary to provide the information about each the total of all money orders redeemed. If
when necessary. Use this format: $000,000,000. subject. Attach the additional copies behind page multiple activities are involved, such as a
If foreign currency is involved, record the 1. When there is more than one purchaser and/ redemption of money orders combined with
currency amount in U.S. Dollars, name, and or payee (e.g., two or more transactions), indicate purchase of a money transfer, enter the largest
country of origin in the Part VI narrative. in Part VI whether each subject is a purchaser or activity amount in Item 17. For instance, if the
payee and identify the instrument or money transaction involved redeeming $5,000 in money
15. Addresses, general. Enter the permanent transfer information associated with each subject. orders and purchase of a $3,500 money transfer ,
street address, city, two letter state/territory If part of an individual’s name is unknown, enter the Item 17 amount would be $5,000.
abbreviation used by the U.S. Postal Service, and “XX” in the appropriate name item. If the subject
ZIP code (ZIP+4, if known) of the individual or is an entity, enter “XX” in Item 5 (if the trade or Item 18 *Category of suspicious activity.
entity. A post office box number should not be legal name is not known) and in Item 6. Check the box(es) which best identifies the
used for an individual, unless no other address is suspicious activity. Check box “b Structuring”
available. For an individual also enter any Items 7 - 11 *Permanent address. See when it appears that a person (acting alone, in
apartment number or suite number and road or General Instructions 13 and 15. Enter “XX” if the conjunction with, or on behalf of other persons)
route number. If a P.O. Box is used for an entity, street address, city, and ZIP Code items are conducts or attempts to conduct activity designed
enter the street name, suite number, and road or unknown or not applicable. Enter “XX” if the to evade any record keeping or reporting
route number. If the address is in a foreign state or country is not known. requirement of the Bank Secrecy Act. If box “z”
country, enter the city, province or state if Canada is checked, specify the type of suspicious activity
or Mexico, and the name of the country. Item 12 *Government issued identification (if which occurred. Describe the character of such
Complete any part of the address that is known, available). See General Instruction 12. Check activity in Part VI. Box “z” should only be used if
even if the entire address is not known. If the the box showing the type of document used to no other type of suspicious activity box adequately
street address, city, ZIP Code or country is verify subject identity. If you check box “z” Other, categorizes the transaction.
unknown, enter “XX” in the item. be sure to specify the type of document used. In
Lists of two-digit country and state codes are box “e” list the number of the identifying Item 19 *Financial services involved. Check
available on the FinCEN web site at document. In box “f” list the issuing state or any of boxes “a” through “e” that apply to identify
www.fincen.gov/reg_bsaforms.html, or by calling country. If more space is required, enter the the services involved in the suspicious activity. If
1-800-949-2732 and selecting option 5 to additional information in Part VI. If the subject is box “d” is checked, briefly explain the service on
request a list by mail. an entity or an individual’s identification was not the following line. If “unusual use” is involved,
available, check box “d” and enter “XX” in “Other.” check the appropriate service box(s) and box “z”
D. Item Preparation Instructions and note “unusual use” and explain in Part VI.
Item 13 *SSN/ITIN (individual) or EIN Check all of boxes “1” through “10” that apply to
Item 1. Check the box if this report amends (entity). See General Instruction 12 and describe the character of the suspicious activity.
definitions. If the subject named in Items 4
(adds missing data) or corrects errors in the prior
through 6 is a U.S. Citizen or an alien with a SSN, Item 20 *Purchases and redemptions (See
report. (See Part VI, item “s”).
enter his or her SSN in Item 13. If that person is definition 6 on page 1 of the instructions). Enter
an alien who has an ITIN, enter that number. For information about purchases or redemptions of
Item 1a-- Check this box if this is a recurring
an entity, enter the EIN. If the SSN, ITIN, or EIN money orders, traveler’s checks, or money
report filed on continuing activity. was unknown or not applicable, enter “XX” in this
transfers. Check the appropriate box in column
item.
3
“P” or “R” to identify the entry as a purchase or definitions. If the business identified in Item 24 knowledgeable of this report available during
redemption. Enter the name of the issuers, the has an EIN, enter that number in Item 30. If not, regular business hours.
total number of instruments purchased or enter individual owner’s SSN or ITIN.
redeemed, and the total amount of the Item *46--Phone number. See General
instruments. You can enter up to three issuers in Item 31 *Business telephone number. See Instruction B10. Enter the work telephone number
General Instruction 10. Enter the telephone of the contact office.
each instrument category. If more than three issuers
number of the business listed in Item 24.
are involved, enter the information on the Item *47--Date filed. See General Instruction
Item 32 Country code. Enter the 2-digit
additional issuers in Part VI. B9. Enter the date this report was filed. For
country code if not US.
electronic filing, it is the date that the report was
Item 21 *Currency Exchanges. Record up e-filed using BSA Direct. For magnetic media
Item 33 Internal control/file number (If
to two currency exchanges made by the subject(s). filing , it is the date the magnetic media was
available). Enter any internal file or report number
Check the box “If bulk small currency” if a large forwarded to DCC. For all other filers, it is the
assigned by the reporting institution to track this
number of small bills was used to pay for the date the financial institution completed the final
report. This information will act as an identification
currency exchange. Enter the name of the review and mailed/submitted the report to DCC.
aid if contact is required.
currency or type of monetary instrument used to
pay for the exchange, and the two-digit code for Item 48--Agency. If this report is filed by an
Part IV Reporting Business Information
the country that issued the currency. An example agency other than an MSB, such as a federal or
of this would be “Pesos” for the name of the
Item 34 Check this box and go to Part V if the state examiner, enter the name of the reporting
currency and “MX” representing Mexico as issuer
reporting business is the same as the Part III agency in Item 48.
of the currency. Enter the name of the currency
Transaction Location. If the reporting business is
received in exchange and the two-digit code for
different, complete Part IV. If item 34 is checked, Part VI Suspicious Activity Information --
the country that issued the currency. Enter the
leave items 35 through 44 blank. Narrative*
value of the exchange in U.S. Dollars. If there
were more than two currency exchanges, enter
Item 35 *Legal name of business. Enter the Enter a narrative describing all aspects of the
the information about the additional exchanges
legal name of the reporting business. suspicious activity not covered by form data items.
in Part VI.
See page 3 of the form for instructions on
Item 36 Doing business as. Enter the trade completing the narrative. If the initial Part VI
Part III Transaction Location Information
name by which the reporting business is commonly narrative page is not sufficient, continue on plain
known (if other than the legal name). bond paper and attach the additional pages after
Item 22 Multiple selling and/or paying
the initial narrative page. Do not include charts
business locations. Check the box if the reported
Items 37-40, 43 *Reporting business or tables. Legal disclaimers will not be included
activity occurred at multiple selling and/or paying
address. Enter the reporting business address by in this narrative.
business locations. Fill out as many Part III
following General Instructions 13 and 15.
Transaction Location Information sections as
Paperwork Reduction Act Notice
necessary to record all locations. Attach the
Item 40 *EIN (entity) or SSN/ITIN
additional sections behind page 2 of the SAR- The purpose of this form is to provide an
(individual). See General Instruction 12 and
MSB. effective means for a money services business
definitions. If the business identified in Item 35
has an EIN, enter that number in Item 41. If not, (MSB) to notify appropriate law enforcement
Item 23 Type of business location(s). Check agencies of suspicious transactions and activities
enter individual owner’s SSN or ITIN.
box “a” if this is the selling location where the that occur by, through, or at an MSB. This report
customer purchases a money order(s) or traveler’s is authorized by law, pursuant to authority
Item 42 *Business phone number. Enter the
check(s), or initiated a money transfer(s), or contained in 31 U.S.C. 5318(g). Information
telephone number of the reporting business. If
exchanged currency. Check box “b” if this is the collected on this report is confidential (31 U.S.C.
the reporting business telephone number is a
paying location where the customer cashed a 5318(g)). Federal regulatory agencies, State law
foreign telephone number, leave Item 44 blank
money order(s) or traveler’s check(s) or received enforcement agencies, the U.S. Departments of
and enter the number in the Part VI Narrative.
payment of a money transfer(s). Check box “c” if Justice and Treasury, and other authorized
See General Instruction 10.
multiple transactions are reported and the authorities may use and share this information.
business was both a selling and paying location Public reporting and record keeping burden for
Item 43 Country code. Enter the 2-digit
for one or more transactions. this form is estimated to average 60 minutes per
country code if not US.
response, and includes time to gather and maintain
Item 24 *Legal name of business. Enter the information for the required report, review the
Item 44 Internal control/file number (If
legal name of the business where the transactions instructions, and complete the information
available). Enter any internal file or report number
took place. collection. Send comments regarding this burden
assigned by the reporting institution to track this
report. This information will act as an identification estimate, including suggestions for reducing the
Item 25 Doing business as. Enter the trade burden, to the Office of Management and the
aid if contact is required.
name by which the business is commonly known. Budget, Paperwork Reduction Project,
Part V Contact for Assistance Washington, DC 20503 and to the Financial Crimes
Items 26-29, 32 *Transaction location Enforcement Network, Attn.: Paperwork
address. Enter the transaction location address Reduction Act. P.O. Box 39, Vienna VA 22183-
Item *45-- Designated contact office. Enter
by following General Instructions 13 and 15. 0039. The agency may not conduct or sponsor,
the name of the office that the financial institution
has designated to receive request for assistance and an organization (or a person) is not required
Item 30 *EIN (entity) or SSN/ITIN to respond to, a collection of information unless
with this report. This office must have an individual
(individual). See General Instruction 12 and it displays a currently valid OMB control number.
FINCEN Form 104 Currency Transaction Report
(Formerly Form 4789)
Previous editions will not be accepted after August 31, 2004.
(Eff. December 2003)
Please type or print.
Department of the Treasury
FinCEN (Complete all parts that apply--See Instructions) OMB No. 1506-0004
1 Check all box(es) that apply: a Amends prior report b Multiple persons c Multiple transactions
Part I Person(s) Involved in Transaction(s)
Section A--Person(s) on Whose Behalf Transaction(s) Is Conducted
2 Individual’s last name or entity’s name 3 First name 4 Middle initial

5 Doing business as (DBA) 6 SSN or EIN

7 Address (number, street, and apt. or suite no.) 8 Date of birth


____/____/_______
MM DD YYYY
9 City 10 State 11 ZIP code 12 Country code 13 Occupation, profession, or business
(if not U.S.)

14 If an individual, describe method used to verify identity: a Driver’s license/State I.D. b Passport c Alien registration

d Other e Issued by: f Number:

Section B--Individual(s) Conducting Transaction(s) (if other than above).


If Section B is left blank or incomplete, check the box(es) below to indicate the reason(s)
a Armored Car Service b Mail Deposit or Shipment c Night Deposit or Automated Teller Machine d Multiple Transactions e Conducted On Own Behalf

15 Individual’s last name 16 First name 17 Middle initial

18 Address (number, street, and apt. or suite no.) 19 SSN

20 City 21 State 22 ZIP code 23 Country code 24 Date of birth


(If not U.S.) ____/____/_______
MM DD YYYY
25 If an individual, describe method used to verify identity: a Driver’s license/State I.D. b Passport c Alien registration

d Other e Issued by: f Number:

Part II Amount and Type of Transaction(s). Check all boxes that apply.
28 Date of transaction
26 Total cash in $ .00 27 Total cash out $ .00 ____/____/_______
MM DD YYYY
26a Foreign cash in .00 27a Foreign cash out .00
(see instructions, page 4) (see instructions, page 4)

29 Foreign Country 30 Wire Transfer(s) 31 Negotiable Instrument(s) Purchased

32 Negotiable Instrument(s) Cashed 33 Currency Exchange(s) 34 Deposit(s)/Withdrawal(s)

35 Account Number(s) Affected (if any): 36 Other (specify)

Part III Financial Institution Where Transaction(s) Takes Place


37 Name of financial institution Enter Regulator or BSA
Examiner code number
(see instructions)
38 Address (number, street, and apt. or suite no.) 39 EIN or SSN

40 City 41 State 42 ZIP code 43 Routing (MICR) number

44 Title of approving official 45 Signature of approving official 46 Date of signature


____/____/_______
Sign MM DD YYYY
Here 47 Type or print preparer’s name 48 Type or print name of person to contact 49 Telephone number

( )
For Paperwork Reduction Act Notice, see page 4. Cat. No. 37683N FinCEN Form 104 (Formerly Form 4789) (Rev. 08-03)
FinCEN Form 104 (formerly Form 4789) (Eff. 12-03) Page 2

Multiple Persons
Complete applicable parts below if box 1b on page 1 is checked

Part I Person(s) Involved in Transaction(s)


Section A--Person(s) on Whose Behalf Transaction(s) Is Conducted
2 Individual’s last name or entity’s name 3 First name 4 Middle initial

5 Doing business as (DBA) 6 SSN or EIN

7 Address (number, street, and apt. or suite no.) 8 Date of birth


____/____/_______
MM DD YYYY
9 City 10 State 11 ZIP code 12 Country code 13 Occupation, profession, or business
(if not U.S.)

14 If an individual, describe method used to verify identity: a Driver’s license/State I.D. b Passport c Alien registration

d Other e Issued by: f Number:

Section B--Individual(s) Conducting Transaction(s) (if other than above).


15 Individual’s last name 16 First name 17 Middle initial

18 Address (number, street, and apt. or suite no.) 19 SSN

20 City 21 State 22 ZIP code 23 Country code 24 Date of birth


(if not U.S.) ____/____/_______
MM DD YYYY
25 If an individual, describe method used to verify identity: a Driver’s license/State I.D. b Passport c Alien registration

d Other e Issued by: f Number:

Part I Person(s) Involved in Transaction(s)


Section A--Person(s) on Whose Behalf Transaction(s) Is Conducted
2 Individual’s last name or entity’s name 3 First name 4 Middle initial

5 Doing business as (DBA) 6 SSN or EIN

7 Address (number, street, and apt. or suite no.) 8 Date of birth


____/____/_______
MM DD YYYY
9 City 10 State 11 ZIP code 12 Country code 13 Occupation, profession, or business
(if not U.S.)

14 If an individual, describe method used to verify identity: a Driver’s license/State I.D. b Passport c Alien registration

d Other e Issued by: f Number:

Section B--Individual(s) Conducting Transaction(s) (if other than above).


15 Individual’s last name 16 First name 17 Middle initial

18 Address (number, street, and apt. or suite no.) 19 SSN

20 City 21 State 22 ZIP code 23 Country code 24 Date of birth


(if not U.S.) ____/____/_______
MM DD YYYY
25 If an individual, describe method used to verify identity: a Driver’s license/State I.D. b Passport c Alien registration

d Other e Issued by: f Number:


FinCEN Form 104 (Formerly Form 4789 (Eff. 12-03) Page 3

Suspicious Transactions document(s). Acceptable forms of identification include Item 1c. Multiple Transactions. If the financial institution
driver’s license, military and military/dependent has knowledge that there are multiple transactions, check
This Currency Transaction Report (CTR) should NOT be identification cards, passport, state issued identification Item 1c.
filed for suspicious transactions involving $10,000 or less card, cedular card (foreign), non-resident alien
in currency OR to note that a transaction of more than identification cards, or any other identification document PART I - Person(s) Involved in Transaction(s)
$10,000 is suspicious. Any suspicious or unusual activity or documents, which contain name and preferably
should be reported by a financial institution in the manner address and a photograph and are normally acceptable Section A must be completed. If an individual conducts
prescribed by its appropriate federal regulator or BSA by financial institutions as a means of identification when a transaction on his own behalf, complete Section A and
examiner. (See the instructions for Item 37). If a cashing checks for persons other than established leave Section “B” BLANK. If an individual conducts a
transaction is suspicious and in excess of $10,000 in customers. transaction on his own behalf and on behalf of another
currency, then both a CTR and the appropriate Suspicious person(s), complete Section “A” for each person and
Activity Report form must be filed. Acceptable identification information obtained previously leave Section “B” BLANK. If an individual conducts a
and maintained in the financial institution’s records may transaction on behalf of another person(s), complete
In situations involving suspicious transactions be used. For example, if documents verifying an Section “B” for the individual conducting the transaction,
requiring immediate attention, such as when a individual’s identity were examined and recorded on a and complete Section “A” for each person on whose
reportable transaction is ongoing, the fianacial signature card when an account was opened, the financial behalf the transaction is conducted of whom the financial
institution may rely on that information. In completing the institution has knowledge.
institution shall immediately notify, by telephone,
CTR, the financial institution must indicate on the form
appropriate law enforcement and regulatory
the method, type, and number of the identification. Section A. Person(s) on Whose Behalf Transaction(s)
authorities in addition to filing a timely suspicious Statements such as “known customer” or “signature card Is Conducted. See instructions above.
activity report. on file” are not sufficient for form completion.
Items 2, 3, and 4. Individual/Organization Name. If
General Instructions Penalties. Civil and criminal penalties are provided for the person on whose behalf the transaction(s) is conducted
failure to file a CTR or to supply information or for filing a is an individual, put his/her last name in Item 2, first
Who Must File. Each financial institution (other than a false or fraudulent CTR. See 31 U.S.C. 5321, 5322 and name in Item 3, and middle initial in Item 4. If there is no
casino, which instead must file FinCEN Form 103, and 5324. middle initial, leave item 4 BLANK. If the transaction is
the U.S. Postal Service for which there are separate rules) conducted on behalf of an entity, put its name in Item 2
must file FinCEN Form 104 (formerly 4789) (CTR) for For purposes of this CTR, the terms below have the and leave Items 3 and 4 BLANK.
each deposit, withdrawal, exchange of currency, or other following meanings:
payment or transfer, by, through, or to the financial Item 5. Doing Business As (DBA). If the financial
institution which involves a transaction in currency of Currency. The coin and paper money of the United institution has knowledge of a separate “doing business
more than $10,000. Multiple transactions must be treated States or any other country, which is circulated and as” name, enter it in Item 5. For example, Smith Enterprise
as a single transaction if the financial institution has customarily used and accepted as money.
DBA MJ’s Pizza.
knowledge that (1) they are by or on behalf of the same
person, and (2) they result in either currency received Person. An individual, corporation, partnership, trust or
estate, joint stock company, association, syndicate, joint Item 6. SSN/ITIN or EIN. Enter the Social Security
(Cash In) or currency disbursed (Cash Out) by the financial
venture or other unincorporated organization or group. Number (SSN) or Individual Taxpayer Identification
institution totaling more than $10,000 during any one
Number (ITIN) or Employer Identification Number (EIN)
business day. For a bank, a business day is the day on
Organization. Entity other than an individual. of the person or entity identified in Item 2. If none, write
which transactions are routinely posted to customers’
NONE.
accounts, as normally communicated to depository
customers. For all other financial institutions, a business Transaction in Currency. The physical transfer of
currency from one person to another. This does not Items 7, 9, 10, 11, and 12. Address. Enter the permanent
day is a calendar day.
include a transfer of funds by means of bank check, bank address including ZIP Code of the person identified in
draft, wire transfer or other written order that does not Item 2. Use the U.S. Postal Service’s two letter state
Generally, financial institutions are defined as banks,
involve the physical transfer of currency. abbreviation code. A P. O. Box should not be used by
other types of depository institutions, brokers or dealers
itself, and may only be used if there is no street address.
in securities, money transmitters, currency exchangers,
check cashers, and issuers and sellers of money orders Negotiable Instruments. All checks and drafts (including If a P. O. Box is used, the name of the apartment or suite
and traveler’s checks. Should you have questions, see business, personal, bank, cashier’s and third-party), number, road or route number where the person resides
the definitions in 31 CFR Part 103. money orders, and promissory notes. For purposes of must also be provided. If the address is outside the
this CTR, all traveler’s checks shall also be considered U.S., provide the street address, city, province or state,
negotiable instruments whether or not they are in bearer postal code (if known), and the two letter country code.
When and Where To File. This form should be e-
form. For country code list go to www.fincen.gov/
filed through the Bank Secrecy Act E-filing System.
Go to http: //bsaefiling.fincen.treas.gov/index.jsp to reg_bsaforms.html or telephone 800-949-2732 and select
Foreign exchange rate. If foreign currency is a part of option number 5. If U.S., leave item 12 blank.
register. This form is also available for download on the
a currency transaction that requires the completion of a
Financial Crimes Enforcement Network’s Web site at
CTR, use the exchange rate in effect for the business Item 8. Date of Birth. Enter the date of birth. Eight
www.fincen.gov, or may be ordered by calling the IRS
day of the transaction to compute the amount, in US numerals must be inserted for each date. The first two
Forms Distribution Center at (800) 829-3676. File this dollars, to enter in item 26/27. The source of the exchange
CTR by the 15th calendar day after the day of the will reflect the month, the second two the day, and the
rate that is used will be determined by the reporting last four the year. A zero (0) should precede any single
transaction with the: institution. digit number. For example, if an individual’s birth date is
IRS Detroit Computing Center April 3 1948, Item 8 should read 04 03 1948.
Specific Instructions
ATTN: CTR Because of the limited space on the front and back of the
P.O. Box 33604 Item 13. Occupation, Profession, or Business. Identify
CTR, it may be necessary to submit additional information
Detroit, MI 48232-5604 the occupation, profession, or business of the person on
on attached sheets. Submit this additional information on
whose behalf the transaction was conducted. For
plain paper attached to the CTR. Be sure to put the
Keep a copy of each CTR for five years from the date example: secretary, shoe salesman, carpenter, attorney,
individual’s or entity’s name and identifying number (items
filed. housewife, restaurant, liquor store,etc. Do not use non-
2, 3, 4, and 6 of the CTR) on any additional sheets so that
specific terms such as merchant, self-employed,
if it becomes separated, it may be associated with the
A financial institution may apply to file the CTRs CTR. businessman, etc.
magnetically. To obtain an application to file magnetically,
write to the: Item 1a. Amends Prior Report. If this CTR is being Item 14. If an Individual, Describe Method Used To
filed because it amends a report filed previously, check Verify Identity. If an individual conducts the
IRS Detroit Computing Center Item 1a. Staple a copy of the original CTR to the amended transaction(s) on his/her own behalf, his/her identity must
ATTN: CTR Magnetic Media Coordinator one, complete Part III fully and only those other entries be verified by examination of an acceptable document
P.O. Box 33604 which are being amended. (see General Instructions). For example, check box a if
Detroit, MI 48232-5604 a driver’s license is used to verify an individual’s identity,
Item 1b. Multiple Persons. If this transaction is being and enter the state that issued the license and the number
Identification Requirements. All individuals (except a conducted by more than one person or on behalf of more in items e and f. If the transaction is conducted by an
employees of armored car services) conducting a than one person, check Item 1b. Enter information in Part individual on behalf of another individual not present or
reportable transaction(s) for themselves or for another I for one of the persons and provide information on any on behalf of an entity, enter N/A in Item 14.
person, must be identified by means of an official other persons on the back of the CTR.
FinCEN Form 104 (Formerly 4789 (Eff. 12-03) Page 4
Section B. Individual(s) Conducting Transaction(s) If there is a currency exchange, it should be aggregated Item 36. Other (specify). If a transaction is not identified
(if other than above). Financial institutions should enter separately with each of the Cash In and Cash Out totals. in Items 30-34, check Item 36 and provide an additional
as much information as is available. However, there may description. For example, a person presents a check to
be instances in which Items 15-25 may be left BLANK or Example 1: A person deposits $11,000 in currency to his purchase “foreign currency.” If multiple (more than one)
incomplete. If Items 15-25 are left BLANK or incomplete, savings account and withdraws $3,000 in currency from foreign currencies are involved in the transaction, enter
check one or more of the boxes provided to indicate the his checking account. The CTR should be completed as the amount of the largest foreign currency transaction in
reasons. follows: item 26a or 27a and that currency’s country-code of
Cash In $11,000 and no entry for Cash Out. This is origin in item 29. Then check box 36 and enter the
Example: If there are multiple transactions that, if only because the $3,000 transaction does not meet the reporting additional foreign currencies amount(s) and country-
when aggregated, the financial institution has knowledge threshold. code(s) of origin in the space provided.
the transactions exceed the reporting threshold, and
therefore, did not identify the transactor(s), check box d Example 2: A person deposits $11,000 in currency to his PART III - Financial Institution Where Transaction(s)
for Multiple Transactions. savings account and withdraws $12,000 in currency from Take Place
his checking account. The CTR should be completed as
Items 15, 16, and 17. Individual’s Name. Complete follows: Item 37. Name of Financial Institution and Identity of
these items if an individual conducts a transaction(s) on Cash In $11,000, Cash Out $12,000. This is because Regulator or BSA Examiner. Enter the financial
behalf of another person. For example, if John Doe, an there are two reportable transactions. However, one institution’s full legal name and identify the regulator or
employee of XY Grocery Store, makes a deposit to the CTR may be filed to reflect both. BSA examiner, using the following codes:
store’s account, XY Grocery Store should be identified in
Regulator or BSA Examiner CODE
Section A and John Doe should be identified in section B. Example 3: A person deposits $6,000 in currency to his
Comptroller of the Currency (OCC).........................1
savings account and withdraws $4,000 in currency from
Federal Deposit Insurance Corporation (FDIC)..........2
Items 18, 20, 21, 22, and 23. Address. Enter the his checking account. Further, he presents $5,000 in
Federal Reserve System (FRS).................................3
permanent street address including ZIP Code of the currency to be exchanged for the equivalent in French
Office of Thrift Supervision (OTS)............................4
individual. (See the instructions for Items 7 and 9 through Francs. The CTR should be completed as follows:
National Credit Union Administration (NCUA)...........5
12.) Enter country code if not U.S. (Reference item 12). Cash In $11,000 and no entry for Cash Out. This is
Securities and Exchange Commission (SEC)..............6
because in determining whether the transactions are Internal Revenue Service (IRS)................................7
Item 19. SSN/ITIN. If the individual has a Social Security reportable, the currency exchange is aggregated with U.S. Postal Service (USPS)......................................8
Number, or Individual Taxpayer Indentifcation Number, each of the Cash In and Cash Out amounts. The result is Commodity Futures Trading Commission (CFTC)........9
enter it in Item 19. If the individual does not have an a reportable $11,000 Cash In transaction. The total Cash State Regulator....................................................10
SSN/ITIN, enter NONE. Out amount is $9,000, which does not meet the reporting
threshold. Therefore, it is not entered on the CTR. Items 38, 40, 41, and 42. Address. Enter the street
Item 24. Date of Birth. Enter the individual’s date of address, city, state, and ZIP Code of the financial
birth. (See the instructions for Item 8.) Example 4: A person deposits $6,000 in currency to his institution where the transaction occurred. If there are
savings account and withdraws $7,000 in currency from multiple transactions, provide information of the office or
Item 25. If an Individual, Describe Method Used To his checking account. Further, he presents $5,000 in branch where any one of the transactions has occurred.
Verify Identity. Enter the method used to identify the currency to be exchanged for the equivalent in French
individual’s identity. (See General Instructions and the francs. The CTR should be completed as follows: Item 39. EIN or SSN. Enter the financial institution’s EIN.
instructions for Item 14.) Cash In $11,000, Cash Out $12,000. This is because in If the financial institution does not have an EIN, enter the
determining whether the transactions are reportable, the SSN of the financial institution’s principal owner.
PART II - Amount and Type of Transaction(s) currency exchange is aggregated with each of the Cash
Complete Part II to identify the type of transaction(s) In and Cash Out amounts. In this example, each of the Item 43. Routing (MICR) Number. If a depository
and the amount(s) involved. Cash In and Cash Out totals exceed $10,000 and must institution, enter the routing (Magnetic Ink Character
be reflected on the CTR. Recognition (MICR)) number.
Items 26 and 27. Total Cash In/Total Cash Out. In the
spaces provided, enter the total amount of currency Items 30-33. Check the appropriate item(s) to identify SIGNATURE
received (Total Cash In) or total currency disbursed (Total the following type of transaction(s):
Cash Out) by the financial institution. If foreign currency 30. Wire Transfer(s) Items 44 and 45. Title and signature of Approving
is exchanged, use the U.S. dollar equivalent on the day 31. Negotiable Instrument(s) Purchased Official. The official who reviews and approves the CTR
of the transaction (See “Foreign exchange rates”), and 32. Negotiable Instrument(s) Cashed must indicate his/her title and sign the CTR.
complete item 26a or 27a, whichever is appropriate. 33. Currency Exchange(s)
Item 46. Date of Signature. The approving official must
If less than a full dollar amount is involved, increase that Item 34. Deposits/Withdrawals. Check this item to enter the date the CTR is signed. (See the instructions for
figure to the next highest dollar. For example, if the identify deposits to or withdrawals from accounts, e.g. Item 8.)
currency totals $20,000.05, show the total as $20,001.00. demand deposit accounts, savings accounts, time
deposits, mutual fund accounts, or any other account Item 47. Preparer’s Name. Type or print the full name
Items 26a and 27a. Foreign cash in/Foreign cash out. held at the financial institution. Enter the account of the individual preparing the CTR. The preparer and
If foreign currency is exchanged, enter the amount of number(s) in Item 35. the approving official may not necessarily be the same
foreign currency (Do not convert to U.S. dollars) in items individual.
26a and 27a. Report country of origin in item 29. Item 35. Account Numbers Affected (if any). Enter
the account numbers of any accounts affected by the Items 48 and 49. Contact Person/Telephone Number.
Item 28. Date of Transaction. Insert eight numerals for transactions that are maintained at the financial institution Type or print the name and telephone number of an
each date. (See instructions for Item 8.) individual to contact concerning questions about the CTR.
conducting the transaction(s). If necessary, use additional
sheets of paper to indicate all of the affected accounts.
Paperwork Reduction Act Notice. The requested
Item 29. Foreign Country. If items 26a and/or 27a are
information is useful in criminal, tax, and regulatory
completed indicating that foreign currency is involved, Example 1: If a person cashes a check drawn on an
investigations and proceedings. Financial institutions are
check Item 29 and identify the country. If multiple account held at the financial institution, the CTR should
required to provide the information under 31 U.S.C. 5313
foreign currencies are involved, check box 36 and identify be completed as follows:
and 31 CFR Part 103, commonly referred to as the Bank
the additional country(s) and/or currency(s) involved. Indicate negotiable instrument(s) cashed and provide
Secrecy Act (BSA). The BSA is administered by the U.S.
the account number of the check.
Department of the Treasury ’s Financial Crimes
Determining Whether Transactions Meet the Enforcement Network (FinCEN). You are not required to
Reporting Threshold. If the transaction does not affect an account, make no provide the requested information unless a form displays
entry. a valid OMB control number. The time needed to
Only cash transactions that, if alone or when aggregated, complete this form will vary depending on individual
exceed $10,000 should be reported on the CTR. Example 2: A person cashes a check drawn on another circumstances. The estimated average time is 19 minutes.
Transactions shall not be offset against one another. financial institution. In this instance, negotiable If you have comments concerning the accuracy of this
instrument(s) cashed would be indicated, but no account time estimate or suggestions for making this form simpler,
If there are both Cash In and Cash Out transactions that at the financial institution has been affected. Therefore,
you may write to the Financial Crimes Enforcement
are reportable, the amounts should be considered Item 35 should be left BLANK.
Network, P. O. Box 39, Vienna, VA 22183. Do not send
separately and not aggregated. However, they may be this form to this office. Instead, see When and Where
reported on a single CTR. to File in the instructions.
FORMA 1025
FORM 1025
CONTROL NO._______________________
Transacciones de: $2,000 o más - $1,000 o más a Colombia - $1,000 o más de Oklahoma, deberán ir acompañadas de la FORMA
1025 completa y copia de una identificación valida, legible y con foto. Si la transacción es de $3,000 o más ($1,000 o más para
transacciones de Oklahoma) y la identificación proveída es expedida por el gobierno de USA, además deberá presentar copia de la
tarjeta del Seguro Social o ITIN. Toda la información deberá ser recibida por INTERMEX para que la transacción sea autorizada. El
agente debe guardar esta información por 5 años.
Transactions of: $2,000 or more - $1,000 or more to Colombia - $1,000 or more from Oklahoma, must be accompanied with a
completed FORM 1025 and a copy of a valid and legible picture ID. If the transaction is for $3,000 or more ($1,000 or more for
transactions from Oklahoma) and the ID provided is issued by the US government, a copy of the sender’s SSN or ITIN card must be
provided. All information must be received by INTERMEX before the transaction can be authorized. Agent must keep this information
for 5 years. FAX: 1- 800 - 828-2900
INFORMACIÓN DE LA AGENCIA - AGENCY INFORMATION

_____________________|_________________________________________________________|____________________________
Fecha (Date) Nombre (Name) No. de Agencia (Agency No.)
____________________________|________________________
No. de Giro (Wire No.) Monto (Amount)

INFORMACIÓN DEL REMITENTE - SENDER INFORMATION

___________________________________________________________________________________________________________
Nombre (Name)
___________________________________________________________________________________________________________
Dirección (Address)
__________________________________________|______________|________________________|__________________________
Ciudad (City) Estado (State) Código Postal (Zip Code) Teléfono (Phone)

__________________________________________________|_________________________________________________________
Propósito del giro (Purpose of wire) Origen del dinero (Source of Funds)
__________________________________________________|_________________________________________________________
Relación con el beneficiario (Relationship with the beneficiary)

__________________________________________________|_____________________|___________________________________
No. Lic. de Conducir o ID (Driver’s License or ID No.) Estado (State) Expiración (Expiration Date)
____________________________|____________________________|_____________________|_____________________________
Otra Identificación (Other ID) Numero (Number) País (Country) Expiración (Expiration Date)
____________________________|____________________________|__________________________________________________
No. Seguro Social (ITIN) (SSN) Fecha de Nacimiento (DOB) Ocupación (Occupation)
__________________________________________|___________________________________|_____________________________
Empleador (Employer) Contacto (Contact) Teléfono (Phone)

INFORMACIÓN DEL BENEFICIARIO - BENEFICIARY INFORMATION

________________________________________________________________|___________________________________________
Nombre (Name) Fecha de Nacimiento (Date of Birth)
________________________________________________________________|___________________________________________
Dirección (Address) Teléfono (Phone)

__________________________________________|___________________________________________|_____________________
FIRMA DEL CLIENTE FIRMA DEL AGENTE FECHA
(Customer’s Signature) (Agent’s Signature) (Date)
El CLIENTE certifica que la información contenida en esta forma es verdadera, y que el dinero enviado proviene de fuentes legítimas. El AGENTE
certifica que verifico la identidad del cliente revisando una identificación con nombre, foto y dirección o lugar de residencia. El CLIENTE autoriza a
Intermex a obtener información personal no pública que se utilizara solo para el cumplimiento de los requisitos regulatorios. Intermex solo compartirá
esta información con entidades no afiliadas que sean necesarias para realizar esta transacción. CUSTOMER certifies that the information on this form
is true and correct, and that the funds involved are from legitimate sources. AGENT certifies that has verified the customer’s identity by examining a
photo ID containing name, address or place of residence. CUSTOMER authorizes Intermex to collect non-public personal information to be used only for
compliance with regulatory requirements. Intermex will only share this information with non-affiliates that are necessary for the completion of this
transaction.
Revised 11/23/2009
9480 South Dixie Hwy, Miami, FL 33156
Phone (1-800) 792-8017 - Fax (1-800) 828-2900

HIGH TRANSACTION FORM / MONEY ORDER LOG

PURCHASER INFORMATION AGENCY INFORMACION


NAME AGENT ID#
ADDRESS AGENCY ADDRESS

SS No.

TYPE OF ID

ID No.

DOB AGENT SIGNATURE

*IF PURCHASER IS BUYING MONEY ORDER(S) ON BEHALF OF ANOTHER PERSON, THE FOLLOWING INFORMATION
IS NEEDED FOR THE PERSON ON WHOSE BEHALF THE MONEY ORDER(S) IS BEING PURCHASED: (Complete a
separate form for each person, attach all forms relating to same purchaser together.)

NAME: __________________________________________ SS No. _____________________________________

TYPE OF ID: _________________________________ ___ ID No. ____________________________________

ADDRESS: _______________________________CITY____________ STATE________________ZIP____________

MONEY ORDER INFORMATION Date of Purchase / /


Serial Number Face Value Payee

IMPORTANT – Based on the BSA regulations (title 31 CFR 103.29), an MSB that sells money instruments
is required to record cash purchases involving $3,000 - $10,000, inclusive. Multiple purchases during
one business day totaling $3,000 or more shall be treated as one purchase if an individual employee,
director, officer, or partner of the financial institution has knowledge that these purchases have
occurred. Complete entire form and fax along with copy of identification. If purchaser presents US
identification, the social security number must be recorded on this form. Retain this information for a
period of 5 years from the date of the transaction.