Faisal KhanAnswered Jan 2, 20145 Years at the very minimum. This is mandated by the Bank Secrecy Act Manual - Particular reference is: http://www.ffiec.gov/bsa_aml_inf...
For how long must U.S. banks retain a customer’s account records in case they are needed for legal matters?
Faisal KhanAnswered Jan 2, 2014For how many years do banks keep records of deposits and withdrawals in a checking account?1 ansAre there banks or accounts where account balances can be viewed publicly?1 ansIf money moves electronically between bank accounts, how is physical cash “settled” or accounted for?1 ansDo banks share customer information with law-enforcement agencies such as the FBI or CIA?1 ans