Finance & markets · 28/11/2003Updated: 10/17/2026 · 1 min read

FinCEN Notice: Conditional Exception to Bank Secrecy Act Regulations Expired on July 1, 2004

The Financial Crimes Enforcement Network (FinCEN) is issuing a notice that a conditional exception to Bank Secrecy Act (BSA) regulations regarding the use of coded information or pseudonyms for customer names in funds transmittal orders will expire on July 1, 2004. As a result, financial institutions will no longer be able to comply with the BSA requirement by using coded information or pseudonyms for customer names in funds transmittal orders.