Agencies withdraw proposed lowering of BSA international funds thresholds
November 10, 2026
November 10, 2026
WASHINGTON, Nov. 10 [Category: Financial Services] -- America's Credit Unions posted the following news:
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Agencies withdraw proposed lowering of BSA international funds thresholds
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The Financial Crimes Enforcement Network (FinCEN) and Federal Reserve Monday withdrew a 2020 proposal that would have lowered the Bank Secrecy Act (BSA) Recordkeeping Rule and Travel Rule thresholds to $250 (down from the current $3,000 threshold) for inte . . .
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Agencies withdraw proposed lowering of BSA international funds thresholds
*
The Financial Crimes Enforcement Network (FinCEN) and Federal Reserve Monday withdrew a 2020 proposal that would have lowered the Bank Secrecy Act (BSA) Recordkeeping Rule and Travel Rule thresholds to $250 (down from the current $3,000 threshold) for inte . . .