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S M A R T APPLICATION for MEMBERSHIP (Please print clearly) NEW MEMBERS ONLY (Complete form above dotted line) Fees Payable to: SMART Mail to: SMART, 600 University Office Blvd #1A, Pensacola, FL
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SMAR stands for Suspicious Activity Monitoring and Reporting. It is a process used by financial institutions to identify and report potentially suspicious transactions to regulatory authorities.
Financial institutions such as banks, credit unions, and money services businesses are required to file SMAR reports.
SMAR reports are typically filled out electronically through a reporting system provided by the Financial Crimes Enforcement Network (FinCEN).
The purpose of SMAR is to help detect and prevent money laundering, terrorist financing, and other financial crimes.
SMAR reports typically include details about the transaction, the individuals involved, and any suspicious activity that was observed.
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