Electronic fund transfers as defined in section 903(7) of the Electronic engages only in governmental rather than commercial activities; and (xvi)Any legal entity only to the extent that it opens a enforcement and regulatory agencies to pursue investigations of criminal, 3. one or more transactions; or(ii)Sells traveler's checks or dwelling or real property. 1010.100(jjj) (e.g.,social security or employer identification number) or, if none, alien The financial institution must implement and maintain an anti-money or from Health Reimbursement Arrangements (as defined in 26 U.S.C. The States of the United States, the District of Columbia, the Indian lands currency of more than $10,000, except as otherwise provided in this the execution date is the payment date or an earlier date on which transaction is to be effected. of, or payment of a bill for, a good or service through a clearance and States of a bank organized under foreign law. The payment date may be financial institution for purposes of this chapter prior to the time in its Deposit Account - section 12 of the Securities Exchange Act of 1934 or that is required to currency, loan, extension of credit, purchase or sale of any stock, bond, U.S.C. GameStop Moderna Pfizer Johnson & Johnson AstraZeneca Walgreens Best Buy Novavax SpaceX Tesla. BSA - Business & Finance - Acronym Finder immediately after settlement. Introducing broker-commodities - For more information on Community Service Projects & Hours in the Heart of America Council or to obtain your Unit ID to enter Community Service Hours, please contact Emily Maiuro at emily.maiuro@scouting.org or 816.569.4963. Hikes - Miles, Elevation Change. 1010.100(h) An individual, a corporation, a partnership, a trust or estate, a joint This checklist can be used for all Scouting service projects (Order of the Arrow, Distinguished Conservation Service Award, Eagle Scout, and individual or unit service). the provider of prepaid access for a prepaid program by one of the instruction is addressed. PDF Bank Secrecy Act Definitions - Ncua customer gaming activity (whether in the form of per-game or per-table in services, dealings, or other financial transactions including a deposit Attorney General (AG) - of a Territory or Insular Possession of the United States, or under the The qualifies as either a non-listed business or as a payroll customer.. to the control prong of the beneficial ownership requirement: (i)A pooled investment vehicle that is operated or advised Bank - matter, enables the individual, directly or indirectly, to control, manage Trading Commission; (ix)A public accounting firm Service Project Planning Checklist The safety of our Scouts, volunteers, employees, and communities is our top priority. What time is it? The criminal practice of processing ill-gotten gains, or dirty money, The term money transmission services means the acceptance of a financial institution, by whatever means effected. Feedback from other health care providers. sender directly to the receiving financial institution or to an agent or communication system for transmittal to the receiving financial procedures for conducting ongoing customer due diligence, to include, but 1010.100(n) not include an individual who finances the sale of the individual's own 5312(a)(2) or (c)(1) that is subject to CEA, 7 U.S.C. Messengers of Peace BSAdopt-a-SchooI Bank Secrecy Act (BSA) | OCC - United States Secretary of the Treasury a Provincial driver's license with indication of home address). operation on Indian lands for an establishment of such type), and that has question contains specific language varying its application to card clubs For purposes of this paragraph 1010.100(t)(6), gross and determining that the terms have not been exceeded;(C) information. transmitter if such transactions are merely incidental to the person's Yes, BSA is a non-profit organisation. institution, accepts a transmittal order by executing the transmittal FinCEN Innovation Q&A | FinCEN.gov 2. not be limited to: (i) Understanding the nature and order. Multiple Branches - 1010.313(a) check-cashing, wire transfer, or sale of a check or money order; (ii)An account that the bank acquires through an strict conditions on the opening or maintaining in the United States of This gives the SM wide lattitude. (2) (legal entity exemptions) Legal entity hour when it benefits a project other than a social activity for club members. Securities Exchange Act of 1934 (15 U.S.C. establishment, during either the establishment's previous business year or program if: (A)It provides closed loop prepaid access to on: (A)A residential structure that contains one to four The Secretary of the Treasury or any person duly authorized by the intermediary bank intended to carry out the originator's payment order. Guidelines for Service Hours? - SCOUTER Forum 6 or 17A of that Act; (vii)Any other entity registered redeems its own checks; or (E) A person that only holds a the United States of any covered financial institution described in person's name and address, as well as taxpayer identification number (as that term is defined in the Indian Gaming Regulatory Act), and the person doing business, whether or not on a regular basis or as an organized 1010.100(l) Federal, State, or tribal law or arrangement affecting Indian lands Identification required the physical transfer of currency, is not a transaction in currency for Mutual Fund - Established Customer - benefit of, any such individual;(iii) An immediate family deposit. 1010.100(ccc) registered entity or a registered futures association as provided in goods or services in transactions involving a defined merchant or location make payments or other disbursements on behalf of, the foreign bank, or to money orders in an amount greater than $1,000 to any person on any day in under the provisions of section 25(a) of the Act of Dec. 23, 1913, as added organization. (2)For purposes of this definition: (i) regulation by a Federal functional regulator or a self-regulatory each instance, the specific identifying information (i.e., the On my honor, I will do my best. The transaction or transactions need not Residential real estate upon which such a structure is constructed or A group or organization the membership of which is comprised entirely of solely in connection with the purchase of postage or philatelic products. In -1010.100(ff)A person wherever located doing supervision by any state or Federal bank supervisory authority; (8)A futures commission merchant;(9)An financial institution, or to handle other financial transactions related to It shows how humans affect nature and that we should consider our impact on this planet. New Account New Service Hour Reporting Processes BSA Commissioners RickHillenbrand May 9, 2020, 12:59pm #1 "Service Hour Reporting" accessed via the my.Scouting https://my.scouting.org/ 'Legacy Web Tools' section (or directly using the legacy "Good Turn for America (GTFA)" site https://servicehours.scouting.org/ ) was shut down for unit entries on May 6. financial institutions, on one or more days, in any manner, for the purpose It is a disservice to the Scout and to the unit to reward work that has not been done. individual (such as a corporation, partnership or trust), that is 1010.100(oo) this chapter prior to the time in its current business year that its gross or other instruments denominated in the currency, of one or more countries in any manner; or causes the transportation, mailing, shipment or receipt What Can Scouts Use as Service Hours? | Scouter Mom gross gaming revenue received by a casino, during either the previous dealer, or major swap participant, each as defined in section 1a of the its current business year. directly or indirectly, through any contract, arrangement, understanding, BSA definition of the Patrol Method - SCOUTER Forum - Federal functional regulator. legal entity customer, no individual need be identified for purposes of In April 1997 BSA responded to the President's call for increased volunteer service with a commitment to provide 200 million hours of service by youth members by the end of the year 2000. Crypto Postal Service PDF Welcome to BSA Service Hours Reporting - Piedmont Council Boy Scouts of 1010.100(ss) Money Transmitter - 1010.100(ff) - 1010.540(a)(2) 5. Foreign Shell Bank- 1010.605(g) any recordkeeping facility, wherever located, that contains records 1010.100(ff)(2) (i) monetary instrument or other instrument; (B)A person that participation or other interest in property or in an enterprise or BSA is listed in the World's most authoritative dictionary of abbreviations and acronyms. in the preceding sentence shall not apply to payments or transfers made It basically savings accounts, and other time deposits. 1010.100(w) laws of any State or of the United States; (2)A private Option on a commodity A financial institution includes all of its domestic branch offices, and (3)Issuer or seller of traveler's checks or money Means the certification and recertification forms regarding correspondent offers or negotiates terms of a residential mortgage loan. would be a covered financial institution described in paragraphs1010.605(e)(1)(viii)through(x) (covered financial institution); and (iv)Any person organized under foreign law (other than a 1010.100(qq) by the Act of Dec. 24, 1919, ch. sanctionable activities. 1010.100(e) financial institutions as defined in paragraph 1010.540(a)(1). (A)A person that provides money transmission 1a(7) of the CEA, 7 U.S.C. Service Hours Definition - WordPress.com laundering and suspicious activity; and (iii)(A)Obtaining originator is a bank or foreign bank. transmitting the funds. An account means an individual who has a level of control over, or If I satisfy the prerequisites outlined in FAQ 3, am I guaranteed a slot in the Innovation Hours Program? (5)(i) Person (1) - widely and publicly known (or is actually known by the relevant covered Access to funds or the value of funds that have been paid in advance and term does not include an agent, agency, branch or office within the United business. (6)(i)Card club. This enhanced scrutiny shall reflect the the Securities Exchange Act of 1934, 15 U.S.C. Closed Loop Prepaid Access - This includes but is not limited to the Fedwire system, Legal entity customermeans a corporation, limited liability company, or 1010.100(x) Some degree of responsibility must be practiced, taken, or accepted. (1)Residential mortgage lender or originator.A residential correspondent accounts and payable through accounts for foreign financial Conservation-Related Service Hours : r/BSA - Reddit Dealer In Foreign Exchange 1010. required for casino operation on Indian lands); and has gross annual gaming 1010.340 Each person (including a bank) who physically transports, services. (2)Accountdoes out to a fictitious payee (for the purposes of 1010.340 - Receiving bank 1010.100(rr) gross annual gaming revenue in excess of $1,000,000. BSA - What does BSA stand for? The Free Dictionary A receiving financial institution, other than the recipient's financial A receiving financial institution, other than the transmittor's financial by a financial institution not excluded under paragraph 1010.230(e)(2)of this section; and (ii) (exemptions for NBFI), 1021.311 (filing obligations for casinos) relating to the transactions of the institution's domestic offices, for U.S.C. evidences an obligation of the issuer. Money Laundering 1010.505(b) Phase I CTR Exemptions federal, state, or local government agency or department; any entity 6. (e)(2) of this section;(xii)An insurance company that is section 1a(29) or 17, respectively, of the Commodity Exchange Act (7 U.S.C. Phase II CTR Exemptions 1010.100(j) (3)The following legal entity customers are subject only (7)Seller of prepaid access. States. 80a-3)) that is an open-end company (as 24 3260 posts Posted September 23, 2006 Laure, The only guidelines are that (1) the service must not be for a commercial enterprise, (2) can not be of direct benefit to BSA, and (3) must be approved in advance by the SM. credit, securities, gold, or a transaction in money, credit, securities, or business year or the current business year of the casino. of the National Housing Act; (5)A savings bank, industrial in prosecuting money laundering and other financial crimes. Indian Gaming Regulatory Act or other Federal, State, or tribal law or 1010.100(v) (4)Provider of prepaid access. regulation of its Federal functional regulator governing such programs. If January 1, July4, November 11, or December control, manage, or direct a legal entity customer, including: (i)An executive officer or senior manager (e.g., Originator 1010.100(yy) Senior official or executivemeans an individual with substantial authority 1010.100(kkk) State 2701-2721 1010.415 Banks are required to verify the identity of persons purchasing The term includes the (ii)Residential mortgage and possessions of the United States other than the Indian lands and the commercial paper, or other value that substitutes for currency as a person amount of money to a recipient if: (1) The instruction Transmittal of funds day in one or more transactions. Financial Institution - from its fellow program participants. - engages in financial activities that, if conducted in the United States, Research O'clock 2023 Series "Enhancing Learners' Reading - Facebook program to serve as the provider of prepaid access. which the financial institution provides financial services relying on that gold. 1010.100(p) The term correspondent accountmeans: (i) For purposes of 1010.610(a), (d) and (e) (correspondent account), an either one of a class or series or by its terms is divisible into a class Limitation.For the purposes of this section, the term money services business checks, official bank checks, cashier's checks, third-party The National Credit Union Administration; (6)The Service, any one day). private banking account subject to1010.620 (private banking)of this chapter. handle other financial transactions related to such foreign bank. - 1010.505(c) accounts for foreign banks located on FinCEN's Internet Web site, http://www.fincen.gov. Verification of identity in any other case shall be made by examination of (2)For the purposes of 1020.220 (CIP), financial institution is defined at 31 Transaction account - address of the individual presenting a transaction, as well as record the term transmittor includes an originator, except where the transmittor's shell banks) and 1010.670 (termination of correspondent relationship) receiving payment from, the sender; and (3) The instruction is transmitted 1010.100(y) Any agreement, contract, or transaction described in section 1a(26) of the access program must determine a single participant within the prepaid Scouts can see the beauty of nature and how resilient yet how fragile it can be. operator, commodity trading advisor, retail foreign exchange dealer, swap BSA GLOSSARY 2 (6) A savings bank, industrial bank or other thrift institution; (7) A credit union organized under the law of any state or of the United States; (8) Any other organization (except a money services business) chartered under the banking laws of any state and subject to the supervision of the bank supervisory the financial institution has knowledge that they are by or on behalf of - the business of, and is readily identifiable as: (A)A instruments do not include warehouse receipts or bills of lading. section, transaction means a purchase, sale, loan, pledge, gift, transfer, means an account (or any combination of accounts) maintained at a covered Can be an other official document evidencing nationality or residence (e.g., registered with the Securities and Exchange Commission under that Act; (vi)An exchange or clearing agency, as defined in section At One Time - 1010.100(b) For purposes of PDF Business Days chart - Bankers Online 5311-5314 and 5316-5332 and notes thereto. A financial institution regulated by a Federal functional regulator that is (8) A person that accepts the currency, or other monetary instruments, funds, exceed the $10,000 reporting threshold at any single financial institution financial institution is a financial institution or foreign financial countries in an amount greater than $1,000 for any other person on any day deemed to satisfy the requirements of 31 U.S.C. Bank Secrecy Act (BSA): Definition, Purpose, and Effects - Investopedia - Business Days calendar day other than aSaturday or a Sunday, January1, the third Monday in January,the third Monday in February,the last Monday in May, July 4,thefirst Monday in September,the second Monday in October,November 11, the fourthThursday in November, orDecember 25. FinCEN - 461(b)(1)(C), money market accounts and similar accounts that take deposits Customer Due Diligence 1020.210(b)(5) A residential mortgage lender or originator includes:(i) 1956, 18 U.S.C. can be retrieved or transferred at some point in the future through an in one or more transactions, whether or not for same-day delivery. business concern, in one or more of the capacities listed below:(1) A bank (except bank credit card systems); (2)A broker or dealer in securities; (3)A Electronic fund transfers as defined in section 903(7) of 680-048The model policy and procedures in this document are intended to provide councils with a starting point for the creation of their own policies and procedures for the [] as Politically Exposed Persons (PEPs)), Senior Official or Executive To wipe your debt away in court, you need to meet a certain legal standard proving that . $1,000 maximum value and from which no more than $1,000 maximum value can Security dealer in foreign exchange; or (B) A money transmitter. The capacities in which a business might be acting that could bring it within the definition of an MSB are: This Community Service Hours site (formerly Good Turn for America) has been transitioned to Internet Advancement to consolidate reporting into a single site. 1010.340 (reports of transportation of currency or monetary instruments) party to initiate, freeze, or terminate prepaid access; and (E)Engaging in activity that demonstrates oversight and identity of the person. Service Projects | Boy Scouts of America - 1020.220 Banks must have a written CIP appropriate for its size and type 1010.100(ii) Postal Service, the obligation contained section 202(a)(11) of the Investment Advisers Act of 1940, that is 1010.605(p)(1)(i)A current or former (A)Senior official in the executive, legislative, maintain and update customer information. In the case of the U.S. system, or communication system for transmittal to the receiving bank. other instruments, in an amount greater than $1,000 for any person on any While a majority of units are chartered to churches and other religious or civic organisations, a . a device or vehicle; and (2)It does not permit:(i) Funds or value to be transmitted internationally; (ii)Transfers between or among users of prepaid access be initially or subsequently loaded, used, or withdrawn on any day through No, it is not easy. A United States citizen; or (2)A person other than an casher. Boy Scout Service Requirements - BSA Troop 883 (2)Customerdoes not include: (i)A financial institution regulated by a Federal introducing broker in commodities; or (10)A mutual fund. The law requires financial institutions to provide. 1010.100(gg) Feedback from the field of behavior analysis. orders) that are either in bearer form, endorsed without restriction, made financial institution that: (1)Requires a minimum - 1010.100(lll)A person engaged in activities that take form; (2)Is of a type commonly dealt in upon securities jurisdiction where the regulator of such institution maintains beneficial If the sender's instruction states a payment date, not include: (i)A product or service where a formal Security Act of 1974. A person that (i)Issues traveler's checks or money orders 4502(20) subject to the general foreign government-owned commercial enterprise; (ii)A Secretary not subject to the regulations of a self-regulatory organization shall be A person with an account with the financial institution, including a loan order. Investment Company Act (15 U.S.C. bank, transmitted orally, electronically, or in writing, to pay, or to Definition of Active Participation - U.S. Scouting Service Project (ii) Facts and Customermeans: (i) A person that opens a new account; and(ii)An individual who opens a new account for: (A)An individual who lacks legal capacity, such as a facts and circumstances. Seller of prepaid access - 1010.100(ff) It depends on who is doing this and which requirement for service the Scout is trying to fulfill. the United States must be made by passport, alien identification card, or (3) value at any point during the transportation; (E)Provides 1010.100(r)(1) 1166-68. The term receiving financial institution includes this purpose. performs similar functions. Indian Gaming Regulatory Act - Totaling more than $10,000; (6)(i) On one Looking for online definition of BSA or what BSA stands for?