Bank of America has implemented an enterprise-wide Anti-Money Laundering (AML) compliance program, which covers all of its subsidiaries and affiliates, and is reasonably designed to comply with applicable laws and regulations.
Should you or your institution require general information about Bank of America’s AML compliance program, please see the following:
Bank of America Anti-Money Laundering (AML) and Counter-Terrorist Financing Policy Statement
Crime has a destructive and devastating effect on the communities in which we operate. Safeguarding the global financial system is critically important for the economic and national security of the jurisdictions in which we operate. Accordingly, it is the policy of Bank of America to take all reasonable and appropriate steps to prevent persons engaged in money laundering, fraud, or other financial crime, including the financing of terrorists or terrorist operations, (hereinafter collectively referred to as “money laundering”) from utilizing Bank of America products and services. Compliance with both the letter and the spirit of the anti-money laundering regulatory regimes in the countries and jurisdictions in which Bank of America operates is one way the Bank works to achieve this policy.
Bank of America AML Compliance Program
Bank of America has developed an Anti-Money Laundering Compliance Program to comply with applicable laws and regulations. Please click the following link to view and/or print a letter from Bank of America’s Global Financial Crimes Compliance Executive.
Bank of America AML Questionnaire
Bank of America has also prepared an AML Questionnaire, based on Wolfsberg’s publication of the Banker’s Almanac AML Questionnaire, for use by any financial institution that requires more detailed information about Bank of America’s AML compliance program. Please click below to view/print the questionnaire.
Patriot Act Certification
Bank of America has prepared a global certification for use by any financial institution that requires a Patriot Act Certification (PAC) for a Bank of America foreign entity. Please click the below link to view/print our Patriot Act Certification.
Bank of America Economic Sanctions Compliance Program
Bank of America has developed an Economic Sanctions Program to comply with applicable laws and regulations. Please click the following link to view and/or print a letter from Bank of America’s Global Economic Sanctions Executive.