How to create a SAR
To create a finCEN report:
- Head to Report Filings in the Unit21 dashboard.
- From there, you can create a new SAR or edit an existing SAR.
SARs can also be created from cases.
SARs can be created from alerts if you have access to a specific workflow.
You can create 4 types of reports:
- Initial Report - A standard and original FinCEN SAR
- Corrected / Amended Report - A corrected report on a previously-filed FinCEN SAR or prior
SAR versions must be filed whenever errors are discovered in the data reported in that FinCEN
SAR. - Continuing Report - A continuing report should be filed on suspicious activity that
continues after an initial FinCEN SAR is filed.
Each report has five sections:
- Home: Information about your organization and the reporting agent.
- Filing Institution: Information about your organization and the reporting agent.
- Financial Institution: Information about the organization where the fraud occurred.
- Subject: Information about the fraudulent entity.
- Suspicious Activity: Information about the fraudulent transactions.
- Narrative: Free-form, explanatory notes about the Case and the motivations for filing
Updated 10 months ago