Correspondent Accounts for Foreign Shell Banks; Record keeping and Termination of Correspondent Accounts

RECERTIFICATION REGARDING CORRESPONDENT ACCOUNTS FOR FOREIGN BANKS
[OMB CONTROL NUMBER 1506-0043]
The information contained in this Certification is sought pursuant to Sections
5318(j) and 5318(k) of Title 31 of the United State Code, as added by sections 313 and
319(b) of the USA PATRIOT Act of 2001 (Public Law 107-56).
The undersigned financial institution, ________________________________________
(“Foreign Bank”), hereby certifies as follows:
1. Foreign Bank has executed a Certification dated ________, 20__ (the “Certification”)
relating to one or more Correspondent Accounts maintained by one or more Covered
Financial Institutions for Foreign Bank. Terms defined in the Certification have the
same meaning in this Recertification.
2. The information contained in the Certification:




remains true and correct.
is revised by the information provided within this Recertification (attach a
statement describing the information that is no longer correct and stating the
correct information).

Foreign Bank understands that each Covered Financial Institution at which it maintains a
Correspondent Account may provide a copy of this Recertification to the Secretary of the
Treasury and the Attorney General of the United States. Foreign Bank further
understands that the statements contained in this Recertification may be transmitted to
one or more departments or agencies of the United States of America for the purpose of
fulfilling such departments’ and agencies’ governmental functions.

I, _______________________________ (name of signatory), certify that I have read and
understand this Recertification, that the statements made in this Recertification are
complete and correct, and that I am authorized to execute this Recertification on behalf of
Foreign Bank.
____________________________________
[Name of Foreign Bank]
____________________________________
[Signature]
____________________________________
[Title]
Executed on this ____________ day of ______________, 20__.
Received and reviewed by:
Name: ________________________________
Title: ________________________________
For:
________________________________
[Name of Covered Financial Institution]
Date:

________________

[67 FR 60573, Sept. 26, 2002]

Paperwork Reduction Act Notice
Public recordkeeping burden for this collection of information is estimated to average five hours per response, including the
time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and
reviewing the collection of information. An agency may not conduct or sponsor, and a person is not required to respond to, a
collection of information unless it displays a valid OMB control number. The OMB control number for this information
collection is 1506-0043. You may submit comments regarding this burden estimate or any other aspect of this collection of
information, including suggestions for reducing this burden, by calling the FinCEN Resource Center at 800-767-2825 or by
email at frc@fincen.gov. Alternatively, you may mail us comments at Policy Division, Financial Crimes Enforcement Network,
P.O. Box 39, Vienna, VA 22183. Please include 1506–0043 in the body of the text.