Form Cm 0011 PDF Details

Form Cm 0011 is an important form that you will need to fill out if you are starting a new business. This form will help the government keep track of all the businesses in the country, and it is important that you fill it out accurately and completely. There are a number of sections on this form, and each one is important. You will need to provide information about your company name, address, contact information, and more. Make sure to take your time filling out this form, and don't forget to ask your accountant for help if you have any questions. Filling out Form Cm 0011 correctly is an essential part of starting your business.

Question	Answer
Form Name	Form Cm 0011
Form Length	8 pages
Fillable?	No
Fillable fields	0
Avg. time to fill out	2 min
Other names	independent review template, independent review form, anti money laundering program for check cashing, fincen msb independent review form

Form Preview Example

CHECK CASHING

ANTI-MONEY LAUNDERING INDEPENDENT REVIEW

A SEPARATE INDEPENDENT REVIEW FORM WILL BE REQUIRED FOR EACH PHYSICAL LOCATION AND IS TO BE COMPLETED BY THE COMPANY’S DESIGNATED AML COMPLIANCE OFFICER, MANAGER, OR OWNER. PLEASE ATTACH A COPY OF YOUR MOST CURRENT WRITTEN BANK SECRECY ACT/ANTI-MONEY LAUNDERING COMPLIANCE PROGRAM AS WELL AS ALL DOCUMENTS AS INDICATED BELOW. SUBMIT THIS COMPLETED FORM AND REQUESTED INFORMATION TO THE BSA DEPARTMENT OF MBOC. ALL INFORMATION WILL BE REVIEWED AND WRITTEN RESULTS AND RECOMMENDATIONS WILL BE FORWARDED BACK TO THE COMPANY’S AML DESIGNATED COMPLIANCE OFFICER. REFER TO MASTER SERVICE AGREEMENT WITH MBOC PERTAINING TO THE BANK’S USE OF THE INFORMATION BEING REQUESTED AND THE REQUIREMENT OF THE BANK’S CUSTOMER TO COMPLY.

Business/Owner’s Name:

Business DBA/Trade Name:

Number of years in Business for this Location: Number of Additional Locations:

Location Address:

What days of the week is this business location open?

Monday

Tuesday

Wednesday

Thursday

Friday

Saturday

Sunday

What are the business hours?

Name of BSA Compliance Officer:

Number of years Compliance Officer has been working for Business:

1.What types of financial services is provided at this location:

Receive Money Remittance

Send Money Remittance

Sell Money Orders

Check Cashing Currency Exchanges Sell Traveler’s checks

Sell Prepaid Debit/Phone Cards

Electronic Bill Pay

Payday Lending

2.What other types of businesses are conducted at this location (grocery, liquor sales, insurance, tax preparation, etc.):

______________________________________________________________________

3.How many employees are at this location? __________

4.Are there files for each employee, which include criminal background checks?

Yes

No.

a.If “No” write down the reason(s) why there are no documented employee files/what is the hiring process:

___________________________________________________________________

5.Does the business have a fee schedule posted for MSB services? a. If “No” indicate the reason why not:

Yes

___________________________________________________________________

CM-0011 (Rev. 06/13) PC

Page 1 of 8

CHECK CASHING

ANTI-MONEY LAUNDERING INDEPENDENT REVIEW

Business/Owner’s Name:

Business DBA/Trade Name:

Location Address:

6.Has BSA/AML training been completed for all appropriate employees including the Compliance Officer within the last 12

months? Yes No

a.If “Yes” provide copies of all current BSA/AML training logs and training material

b.If “No” provide written explanation as to why no current BSA/AML training was performed for all appropriate employees or why copies of all current BSA/AML training logs and training material is not available.

___________________________________________________________________

7.Has this location been examined by State/IRS Examiners?

Yes

No (skip to question 8).

a. If “Yes” date of last State/IRS Examination: _________________ (attach copy of results)

b.If “Yes”, were all recommendations completed?

Yes

No.

If “No” indicate the reason(s) why each recommendation was not completed

___________________________________________________________________

8.Has this location been examined within the last 12 months by all of the Business’ MSB Principal(s) for agent services?

Attach copies of the MSB Principal(s) AML independent review forms.

Yes

N/A

a.If “Yes”, were all recommendations completed?

Yes

No.

b.If the answer to questions 6 or 6a. are “No” indicate the date the last independent AML review was completed by each MSB Principal- include the name of the MSB Principal and or why previous or current recommendations were not completed.

___________________________________________________________________

CM-0011 (Rev. 06/13) PC

Page 2 of 8

CHECK CASHING

ANTI-MONEY LAUNDERING INDEPENDENT REVIEW

Business/Owner’s Name:

Business DBA/Trade Name:

Location Address:

9.How do you know that employees have accounted for all cash and that the cash/checks are either deposited into the bank or kept in the safe? Indicate where in the business’ BSA/AML Compliance Program this information is located or describe in writing the controls in place, if a formal written process is not available.

______________________________________________________________________

10.What is this location’s system in determining if a transaction that meets BSA filing requirements is detected (e.g., how you would find more than one transaction conducted by a single person in a 24 hour period)?

______________________________________________________________________

11.What is this location’s process to prevent a customer from making transactions for someone, no one knows, or for other customers?

______________________________________________________________________

CM-0011 (Rev. 06/13) PC

Page 3 of 8

CHECK CASHING

ANTI-MONEY LAUNDERING INDEPENDENT REVIEW

Business/Owner’s Name:

Business DBA/Trade Name:

Location Address:

12. What is this location’s process for reporting suspicious activities (only check cashing is not required to file SAR-MSBs)?

______________________________________________________________________

13. Does this location conduct transactions for customers who do not live or work locally (within city limits of business

location)?

Yes

a.If “Yes” provide written explanation as to who these customers are and why this location offers services to customers that do not live/work in the area:

___________________________________________________________________

14. Does this location cash checks for customers who do not have ID?

Yes

a.If “Yes” is there, any restrictions on what type of check can be cashed. Describe internal controls

b.If “No”, what type of ID is required to cash a check for the first time at this location?

___________________________________________________________________

15.Does this location cash checks for any person who is not the named payee on the checks? a. If “Yes”, indicate the reason in detail:

Yes

___________________________________________________________________

CM-0011 (Rev. 06/13) PC

Page 4 of 8

CHECK CASHING

ANTI-MONEY LAUNDERING INDEPENDENT REVIEW

Business/Owner’s Name:

Business DBA/Trade Name:

Location Address:

16. How are ID records kept (digitally, scanned, paper copy), where are they stored and how long before destroyed?

______________________________________________________________________

17. How do you ensure that all the required ID records are complete for each new customer?

______________________________________________________________________

18. ID’s expire so what is this location’s process to verify the ID of a regular customer?

______________________________________________________________________

19. What is this location’s process for handling a check that is over $10,000 (Currency Transaction Reporting)?

______________________________________________________________________

CM-0011 (Rev. 06/13) PC

Page 5 of 8

CHECK CASHING

ANTI-MONEY LAUNDERING INDEPENDENT REVIEW

Business/Owner’s Name:

Business DBA/Trade Name:

Location Address:

20.Does this location temporarily hold funds for customers that are not recorded in the records? a. If “Yes”, indicate the reason and who the customers are in detail:

Yes

___________________________________________________________________

21.Does this location make payments on behalf of your customers (outside of agent services)? a. If “Yes”, indicate the reason in detail and if this is regular transactions:

Yes No

___________________________________________________________________

22. Does this location accept checks/negotiable instruments from other MSBs or have ever loaned another MSB currency or other funds or borrowed from another MSB? Yes No

a.If “Yes”, indicate the reason in detail and if this is regular transactions:

___________________________________________________________________

23.Does this location deposit all the cashed checks from the day’s sales into the bank on the same day? a. If “No”, indicate the reason in detail:

Yes No

___________________________________________________________________

CM-0011 (Rev. 06/13) PC

Page 6 of 8

CHECK CASHING

ANTI-MONEY LAUNDERING INDEPENDENT REVIEW

Business/Owner’s Name:

Business DBA/Trade Name:

Location Address:

24.Does this location physically transport currency or monetary instruments into or out of the United States?

Yes No

a.If “Yes”, How is the currency transported, who are your customers, what are your fees, how do you record these transactions and please provide confirmations that CMIR reports have been filed:

___________________________________________________________________

25.Does this location mail or take currency or monetary instruments from customers/sources outside the United States?

Yes No

b.If “Yes”, Who are your customers, what are your fees, how do you record these transactions and please provide confirmations that CMIR reports have been filed:

___________________________________________________________________

CM-0011 (Rev. 06/13) PC

Page 7 of 8

CHECK CASHING

ANTI-MONEY LAUNDERING INDEPENDENT REVIEW

CERTIFICATION

I CERTIFY, UNDER PENALTY OF PERJURY, UNDER ANY AND ALL APPLICABLE FEDERAL AND STATE LAWS, THAT: The undersigned represent(s) that all statements contained in this form and in the other documentation pertaining to business name and address listed below which are being submitted in support of this form are true and correct. The person signing this form further represents that s/he is authorized to make the above representations, and if applicable, is an authorized representative of named business.

Business/Owner’s Name:

Business DBA/Trade Name:

Location Address:

_________________________________________________________________

Signature of the AML Compliance Officer/Owner/Manager

_________________________________________________________

Printed Name

_________________________________________________________

Full Title/Position in Company

________________________________

Date Completed

CM-0011 (Rev. 06/13) PC

Page 8 of 8

How to Edit Form Cm 0011 Online for Free

Through the online PDF tool by FormsPal, you'll be able to complete or change check cashing anti money independent printable right here and now. We are devoted to giving you the perfect experience with our editor by regularly introducing new functions and improvements. With all of these updates, working with our tool becomes better than ever! To get the ball rolling, go through these simple steps:

Step 1: Access the PDF in our editor by pressing the "Get Form Button" at the top of this webpage.

Step 2: With this state-of-the-art PDF file editor, it is possible to accomplish more than merely complete blanks. Express yourself and make your docs look sublime with customized text added, or fine-tune the original input to excellence - all that comes along with an ability to add almost any photos and sign the PDF off.

This document requires specific details to be typed in, hence you should definitely take whatever time to enter what's expected:

1. Firstly, while filling in the check cashing anti money independent printable, begin with the page that has the next blank fields:

Learn how to prepare independent review form part 1

2. Immediately after the last array of blank fields is completed, proceed to type in the applicable details in all these: How many employees are at this, Are there files for each employee, Yes, If No write down the reasons why, Does the business have a fee, Yes, and If No indicate the reason why not.

Writing section 2 of independent review form

3. This next part is normally straightforward - complete all the empty fields in CM Rev PC, and Page of to complete this segment.

Best ways to prepare independent review form portion 3

As for Page of and CM Rev PC, make sure that you double-check them in this current part. These two are definitely the key fields in the form.

4. Filling in ANTIMONEY LAUNDERING INDEPENDENT, BusinessOwners Name Business, Has BSAAML training been, months, Yes, If Yes provide copies of all, If No provide written explanation, Has this location been examined, Yes, No skip to question, If Yes date of last StateIRS, If Yes were all recommendations, Yes, and If No indicate the reasons why is essential in this next step - ensure that you take the time and take a close look at each and every blank!

independent review form completion process detailed (step 4)

5. Since you reach the final sections of the form, you will find a couple more requirements that need to be satisfied. Mainly, Has this location been examined, Attach copies of the MSB, Yes, If Yes were all recommendations, Yes, and If the answer to questions or a should all be filled out.

Has this location been examined, Yes, and If the answer to questions or a inside independent review form

Step 3: Immediately after taking another look at your fields you've filled out, hit "Done" and you're all set! After registering afree trial account here, you will be able to download check cashing anti money independent printable or send it via email at once. The PDF document will also be easily accessible in your personal account menu with your each edit. FormsPal is devoted to the privacy of our users; we always make sure that all personal data used in our system is kept confidential.

Form Cm 0011 – Fill Out and Use This PDF

Form Cm 0011 PDF Details

Form Preview Example

How to Edit Form Cm 0011 Online for Free

Form Cm 0011 isn’t the one you’re looking for?

Form Cm 0011 – Fill Out and Use This PDF

Form Cm 0011 PDF Details

Form Preview Example

How to Edit Form Cm 0011 Online for Free

Form Cm 0011 isn’t the one you’re looking for?

Related Documents