How to create a SAR

To create a finCEN report:

  1. Head to Report Filings in the Unit21 dashboard.
  2. Make sure to select the FinCEN SAR tab.
  3. From there, you can create a new SAR or edit an existing SAR.
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SARs can also be created from cases.

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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.
  • Joint Report - A FinCEN SAR may be jointly filed when two or more distinct financial
    institutions collaborate in filing a single FinCEN SAR on suspicious activity involving all of the
    collaborating financial institutions.

Each report has five sections:

  • Step 0: Home: Information about your organization and the reporting agent.
  • Step 1: Filing Institution: Information about your organization and the reporting agent.
  • Step 2: Financial Institution: Information about the organization where the fraud occurred.
  • Step 3: Subject Information: Information about the fraudulent entity.
  • Step 4: Suspicious Activity Information: Information about the fraudulent transactions.
  • Step 5: Narrative: Free-form, explanatory notes about the Case and the motivations for filing
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There is a 99 entity limit for SAR filings!


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