Bank Secrecy Act (BSA) & Anti-Money Laundering (AML) Compliance

State Global

At State Global, safeguarding the integrity of the financial system is central to our mission. We are fully committed to complying with the Bank Secrecy Act (BSA), as amended by the USA PATRIOT Act and other applicable Anti-Money Laundering (AML) regulations.

Our compliance framework is designed to detect, prevent, and report suspicious activity while protecting our customers and communities from financial crime.

Our Commitment to Compliance

State Global maintains a comprehensive BSA/AML Compliance Program that includes:

Strong Internal Controls

We implement written policies and procedures to ensure full regulatory compliance and operational integrity.

Designated BSA Officer

A qualified BSA Compliance Officer oversees our AML program and ensures adherence to all reporting and monitoring obligations.

Independent Testing

Our compliance program undergoes periodic independent audits to verify effectiveness and regulatory alignment.

Ongoing Employee Training

All relevant employees receive regular training to maintain awareness of regulatory requirements and emerging risks.

Monitoring & Reporting

In accordance with federal regulations and oversight by the Financial Crimes Enforcement Network (FinCEN), State Global:

  • Files Currency Transaction Reports (CTRs) for qualifying cash transactions.

  • Files Suspicious Activity Reports (SARs) when unusual or potentially unlawful activity is detected.

  • Maintains robust customer identification and verification procedures.

  • Applies enhanced due diligence for higher-risk accounts and transactions.

Risk-Based Approach

State Global applies a risk-based methodology to assess customer relationships, products, services, and geographic exposure. This allows us to:

  • Identify and mitigate potential money laundering risks

  • Monitor transaction activity effectively

  • Maintain regulatory transparency

Protecting Our Customers

Compliance with the BSA not only fulfills regulatory requirements—it also strengthens trust. By maintaining rigorous safeguards, State Global protects customer assets, ensures lawful financial activity, and supports a safe banking environment.

Questions or Concerns

If you have questions regarding our BSA/AML compliance practices, please contact our Compliance Department at:

Email: stategobal@consultant.com
Phone: +1 740 214 6988

State Global


Committed to Integrity. Committed to Security. Committed to You.