31 CFR §1010.430 — Nature of records and retention period (BSA / FinCEN)

bsa-31cfr-1010-430

31 CFR §1010.430 sets the BSA Subpart D records-retention rule: when a copy of an instrument (check, draft, monetary instrument, investment security, or other similar instrument) must be retained, both front and back must be retained (with a carve-out for blank or standard-printed-information backs); records may be those made in the ordinary course of business, but where no ordinary-course record exists, one must be created in writing; the IRS TIN rules govern taxpayer identification; and ALL records required by 31 CFR chapter X must be retained for 5 years, filed or stored so as to be accessible within a reasonable period of time.

This register: .xlsx .csv

Verbatim regulatory text (4)

Verbatim provisions from 31 CFR §1010.430 — Nature of records and retention period (BSA / FinCEN) — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.

31 CFR §1010.430(a)

(a) Wherever it is required that there be retained either the original or a copy or reproduction of a check, draft, monetary instrument, investment security, or other similar instrument, there shall be retained a copy of both front and back of each such instrument or document, except that no copy need be retained of the back of any instrument or document which is entirely blank or which contains only standardized printed information, a copy of which is on file.

Source: 31 CFR §1010.430(a) · source URL · snapshot c6fe7dcf84cdae24

31 CFR §1010.430(b)

(b) Records required by this chapter to be retained by financial institutions may be those made in the ordinary course of business by a financial institution. If no record is made in the ordinary course of business of any transaction with respect to which records are required to be retained by this chapter, then such a record shall be prepared in writing by the financial institution.

Source: 31 CFR §1010.430(b) · source URL · snapshot c6fe7dcf84cdae24

31 CFR §1010.430(c)

(c) The rules and regulations issued by the Internal Revenue Service under 26 U.S.C. 6109 determine what constitutes a taxpayer identification number and whose number shall be obtained in the case of an account maintained by one or more persons.

Source: 31 CFR §1010.430(c) · source URL · snapshot c6fe7dcf84cdae24

31 CFR §1010.430(d)

(d) All records that are required to be retained by this chapter shall be retained for a period of five years. Records or reports required to be kept pursuant to an order issued under § 1010.370 of this chapter shall be retained for the period of time specified in such order, not to exceed five years. All such records shall be filed or stored in such a way as to be accessible within a reasonable period of time, taking into consideration the nature of the record, and the amount of time expired since the record was made.

Source: 31 CFR §1010.430(d) · source URL · snapshot c6fe7dcf84cdae24

Get this regulation in your AI window

Put the verbatim text and its effective date in front of your assistant, instead of whatever it remembers.

Open in Claude Open in ChatGPT

Open in Claude shows the one-time setup: paste one address, no account with us. Open in ChatGPT asks ChatGPT about this page, with no setup. Either way it’s free.

Get notified if this rule changes

One email when 31 CFR §1010.430 — Nature of records and retention period (BSA / FinCEN) changes: what changed, the new verbatim text, and the effective date. Nothing else.

Double opt-in: we send a confirmation link first. Following one section does not subscribe you to anything else. Privacy.

Source of record: https://claudeforcompliance.com/regs/bsa-31cfr-1010-430/ · register bsa-31cfr-1010-430 · verbatim, source-snapshotted regulator text from the Claude for Compliance corpus. To work from every register at once, download the corpus and follow the methodology.