United States federal anti–money laundering laws require retail associates to complete PS Form 8105-A, Funds Transaction Report (FTR), when selling financial instruments totaling $3000 or more to the same customer in the same day. A PS Form 8105-A is also required if the same customers redeem (cash) money orders totaling more than $10,000 in the same day. In addition, retail associates must complete PS Form 8105-B, Suspicious Transaction Report (STR), for any transaction considered by the retail associate to be suspicious. Beginning March 6, 2010, all POS offices must complete these forms online through a new Point of Sale (POS)/Bank Secrecy Act (BSA) interface. Non-POS offices will continue to complete and submit the manual forms and follow all current procedures.
Following are the mandatory actions required for all POS offices:
n Read and review the POS/BSA New Functionality Guide, BSA Standard Operating Procedures, BSA Frequently Asked Questions, and BSA-POS Interface User Guide.
n Review the BSA online demonstration (all employees assigned the following POS ONE user roles: Retail, Mobile, Philately, and Stamps by Mail).
Note: All POS users will automatically have access to the BSA online demo and do not need to submit an eAccess request for access.
BSA deployment-related materials and the BSA online demonstration link are located at http://rse2/posone/about/training/courses.asp?VENDOR=NCR.
— BSA Compliance Program,
Corporate Treasury, 5-6-10
