BSA meaning in Banking ?

Answer:

What is Bank Secrecy Act mean?

The Bank Secrecy Act of 1970 (BSA), also known as the Currency and Foreign Transactions Reporting Act, is a U.S. law requiring financial institutions in the United States to assist U.S. government agencies in detecting and preventing money laundering. Specifically, the act requires financial institutions to keep records of cash purchases of negotiable instruments, file reports if the daily aggregate exceeds $10,000, and report suspicious activity that may signify money laundering, tax evasion, or other criminal activities.

The BSA is sometimes referred to as an anti-money laundering law (AML) or jointly as BSA/AML.

reference

Full Form	Category
Blessed Sacrament Academy	Academic & Science
Bachelor of Science and Arts	Academic & Science
Boston Society for Architecture	Academic & Science
Board of Scientific Affairs	Academic & Science
Belorussian Students Association	Academic & Science
Bibliographical Society of America	Academic & Science
Botanical Society of America	Academic & Science
Boston Society of Architects	Academic & Science
Brown Student Agencies	Academic & Science
Board of Student Advisers	Academic & Science
Fédération des Architectes Suisses	Academic & Science
Federazione Architetti Svizzeri	Academic & Science
Federation of Swiss Architects	Academic & Science
Bund Schweizer Architekten	Academic & Science
British Sociological Association	Academic & Science
Bulgarian Studies Association	Academic & Science
Black Student Association	Academic & Science
Borneo Students Association	Academic & Science
Bor Students Association	Academic & Science
Baylor Student Association	Academic & Science
Bendigo Student Association	Academic & Science
Bengali Students Association	Academic & Science
Balance Sheet Assessment	Accounts and Finance
Bossaso	Airport Code
Bilateral Swap Arrangements	Banking
Bank Secrecy Act	Banking
Business Systems Applications	Business
Business Systems Analyst	Business
Business Solution Architects	Business
Broadcast Services Australia Ltd	Business
Birmingham Small Arms Company	Business
Bilateral Steel Agreement	Business
British Small Arms	Business
Business Services Associates	Business
British Shooting Accessories	Business
British Scrap Aluminum	Business
Bis(trimethylsilyl)acetamide	Chemistry
Building Societies Association	Community
British School at Athens	Community
Baltimore School for the Arts	Community
Boy Scout Advancement	Community
Bearing Specialists Association	Community
Business Solutions Association	Community
Becontree School Association	Community
Boy Scouts of America	Community
Britney Spears Archive	Community
Belfast Safety Axis	Community
Baby Sitting Association	Community
Bold Stylish Affordable	Community
Be Seen Again	Community
Binary Source Archive	Computer Assembly Language
Branch and Save Address	Computer Assembly Language
Bethesda Software Archive	Computing
Basic Serving Arrangements	Computing
Buy Sell Ads	Computing
Bachelor of Science In Agriculture	Educational Degree
Bachelor of Science In Accountancy	Educational Degree
Bsarc Compressed File Archive	File Type
Binding Study Advice	General
Basic Stand Alone	General
Baby Sitters Anonymous	General
Best Sweet and Awesome	General
Blind Spot Assistant	General
Belted Starter Alternator	General
Blind Spot Alert	General
Bridgestone South Africa	General
Brake System Analysis	General
Battery System Assembly	General
Bus Safety Act	General
Board of Standards and Appeals	General
Brewers Supporting Agriculture	General
Brewer Supported Agriculture	General
Bull Stockwell Allen	General
Bethesda Softworks Archive	General
Bigoted Scouts of America	General
Baby Sitters of America	General
Brown Swiss Advantage	General
Best Speaker Award (Toastmasters)	General
Borovicka Saves All	General
Boys Suvs And Academics	General
Basic Street Address	General
Building Service Authority	Governmental
Brigade Support Aria	Governmental
Building Services Authority	Governmental
Broad Spectrum Antibiotic	Governmental
Brain Splattering Art	Governmental
Bristol Socialist Alliance	Governmental
Bad Suspect Account	Governmental
Bad Scope Altogether	Governmental
Better Send Assistance	Governmental
BHAINSA	Indian Railway Station
Business Software Alliance	Information Technology
Business Services Authority	Medical
Basic Skills Agency	Medical
biotin-streptavidin	Medical
Bismuth Sulphite Agar	Medical
Bowel Sounds Active	Medical
Brief Scale for Anxiety	Medical
British Society of Audiology	Medical
British Stammering Association	Medical
Burn Surface Area	Medical
Body Surface Area	Medical
Bowel Signs Active	Medical
Biomolecular Sequence Analysis	Medical
Bovine Serum Albumin	Medical
Base Support Area	Military and Defence
Bosnian Serb Army	Military and Defence
Birmingham Small Arms	Military and Defence
Brigade Support Area	Military and Defence
Brake Slack Adjuster	Military and Defence
Beach Support Area	Military and Defence
Bosaso, Somalia	Regional
The Software Alliance	Softwares
Bottom Side Alignment	Space Science
Beavercreek Soccer Association	Sports
Backpack Somewhere America	Sports
Basic Service Area	Telecommunication