With the new Clone SAR feature, you can quickly create a SAR by duplicating a previously completed report. This makes one-off filings or any situation where starting with a pre-populated report is helpful faster, more accurate, and less manual. Follow the steps below to to clone a SAR:
1. Select “Clone a Completed SAR” from the dropdown:
- Go to the FinCEN section, click “Create a New Report” and select the Clone option.
2. Select the account of the SAR you want to clone:
- Once an account is selected, a list of their completed SARs will appear.
3. Select one of the completed SARs from the list:
- Choose the SAR you want to use as the basis for a new report and fill out fields in the modal.
4. Click Clone:
- This creates a new SAR with all the original data automatically populated.
5. Make any necessary changes:
- This may include transaction details, dates, or narrative sections.
6. Complete and Submit the New cloned SAR:
- Save your changes and submit the new SAR when you're ready.
Frequently Asked Questions:
Q: What’s the difference between Clone SAR and Amended SAR?
A: Amended SAR is used to correct or update the original filing, while Clone SAR creates a new report based on the completed one that’s selected, typically for short filings or one of SARs.
Q: Can I clone any SAR?
A: Any completed SAR.
Q: Does cloned data carry over everything?
A: Most fields will carry over, but always double-check for accuracy and update anything that has changed before submitting.