Help center

Get help with all things AML

Looking for product support? Sign in

Return to Glossary

Suspicious Activity Report (SAR)

A Suspicious Activity Report or SAR is a document that a US financial institution must produce if they suspect money laundering or fraud, either by an employee or customer.

Once any potential criminal activity has been identified, a report (the standard SAR form is available on the BSA e-file system) must be filed within 30 days to the Financial Crimes Enforcement Network (FinCEN) and kept for five years from the date of the filing. 

SARs enable law enforcement agencies to uncover and prosecute money laundering, fraud and other financial crimes but also allow governments to identify and analyze emerging trends and patterns which helps them detect organized crime and convict fraudulent and criminal behavior.

See it in action

Let one of our highly-trained sales team demonstrate the multi-award winning SmartSearch AML product

Get a free demo
Sign up to our newsletter to receive news, resources and updates straight into your inbox!

By submitting your email address, you consent to us sending you emails about news, case studies, resources and updates. To find out more, visit our Privacy Policy.