Bank Secrecy Act Access to Banking Services by Money Services Businesses

• FinCEN has issued the attached ANPR seeking comments from the public, MSBs, and the banking industry regarding the BSA's impact on MSBs ' ability to obtain appropriate access to banking services.
• MSBs have experienced obstacles in opening and maintaining deposit accounts with banks.
• FinCEN is soliciting updated facts about this issue as well as feedback on whether additional guidance or regulatory action under the BSA might address these concerns.
• Comments must be submitted to FinCEN on or before May 9, 2006, and should be identified by RIN 1506-AA85.
• Comments may be submitted via electronic mail at regcomments@fincen.treas.gov (include the RIN in the subject line of the message) or via regular paper mail to FinCEN, P.O. Box 39, Vienna, Virginia 22183.
• Please distribute this information to the appropriate personnel in your institution.

Distribution:
FDIC-Supervised Banks (Commercial and Savings)

Suggested Routing:
Chief Executive Officer
BSA Compliance Officer

Note:
FDIC Financial Institution Letters (FILs) may be accessed from the FDIC's Web site at www.fdic.gov/news/financial-institution-letters/2006/index.html .

To receive FILs electronically, please visit http://www.fdic.gov/about/subscriptions/fil.html .

Paper copies of FDIC financial institution letters may be obtained through the FDIC's Public Information Center (1-877-275-3342 or 703-562-2200).