Unusual Activity Report (UAR)

An Unusual Activity Report (UAR) is filed with a bank when suspicious or unusual activity is detected. The following parameters qualify for filing a UAR:

  • Money Laundering
  • Structuring/Layering/Placement
  • Terrorist Financing
  • Fraud (Depository Fraud, Card Fraud, Loan Fraud, Wire Fraud, Elder Fraud/Exploitation)
  • Computer Compromises (Phishing)
  • Computer Intrusion (Hacking, Malware, Viruses)
  • Social Engineering & Identification/Documentation, which leads to financial loss

If the program detects suspicious activity and believes a UAR should be filed with the bank, they should submit a ticket with details on who, where, when, how, and why they believe one should be filed. Solid will review the ticket, and if it qualifies, submit a UAR to our partner bank for further investigation.

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