FinCEN Alert on Cross-Border Funds Transfers Involving Illegal Aliens

FinCEN has issued Alert FIN-2025-Alert003, urging money service businesses to maintain vigilance ...in detecting, identifying, and reporting suspicious activity connected to cross-border funds transfers involving illegal aliens...

FinCEN noted that this is one of multiple steps it has taken this year to highlight the risks associated with cross-border financial activity.

Suspicious Activity Reports filed on activity described in this Alert should include “FIN-2025-Alert003” in the Filing Institution Note to FinCEN and the Narrative.

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Published
2025/12/03
Emily Riley

Emily Riley

Emily joined Banker’s Compliance Consulting with past roles that include Compliance Officer, CRA Officer, Flood Specialist and head of the Mortgage Department at a community Bank. Though some may find it a bit mundane, Emily enjoys reading regulations – often in the middle of the night when the insomnia kicks in. Emily has a heart for compliance and loves to see others succeed. Emily and her husband have two children, two dogs, and two birds. Though Emily has numerous hobbies (some of which include motorcycles (Harley Davidson), piecing quilts, and reading) her favorite thing is to spend time with her husband, children, and family.

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FinCEN Alert on Cross-Border Funds Transfers Involving Illegal Aliens
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