Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How does discrete BSA E-Filing differ from paper-based BSA filing?

April 26, 2017BSA differ discrete e-filing filing paper-based

0

10 Posted

How does discrete BSA E-Filing differ from paper-based BSA filing?

1 Answer

0

10 Posted

When filing discrete electronic forms via BSA E-Filing, you complete electronic forms on your computer (rather than creating hard copies by hand or using a typewriter or computer) and submit them electronically to BSA E-Filing (rather than mailing hard copies to the Enterprise Computing Center – Detroit). (Please see the related detailed instructions in the BSA E-Filing User Manual on the secure portion of the site.) Unlike with paper forms, you do not have the ability to enter information outside of a form’s allotted space. The content of a BSA E-Filing discrete filing must meet the same specifications that existed for magnetic media filing of specific BSA forms. These specifications are available on the FinCEN website.