BSA/AML Examiner School - Case Study Oct 2023

LCB 12/15

Checklist 9.2: Purchase and Sale of Monetary Instruments (cont.)

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If the purchaser has a deposit account with the institution, did the institution obtain the following: • Name of the purchaser? 31 CFR 1010.415(a)(1)(i)(A)

Y

Y

Y

Y

Y

Y

Date of purchase? 31 CFR 1010.415(a)(1)(i)(B)

•

• Type(s) of instrument(s) purchased? 31 CFR 1010.415(a)(1)(i)(C)

Y

Y

Y

• Serial number(s) of each of the instrument(s) purchased? 31 CFR 1010.415(a)(1)(i)(D)

Y

Y

Y

• Dollar amount(s) of each of the instrument(s)? 31 CFR 1010.415(a)(1)(i)(E)

Y

Y

Y

Y

Y

Y

• Method of verification of identity (either at time of purchase or when deposit account opened)? 31 CFR 1010.415(a)(1)(ii) If the purchaser does not have a deposit account with the institution, did the institution obtain the following information: • Name of the purchaser? 31 CFR 1010.415(a)(2)(i)(A) • The Social Security number or alien identification number of the purchaser? 31 CFR 1010.415(a)(2)(i)(B)

NA NA NA

NA NA NA

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