Geographic Targeting Order Imposing Recordkeeping and Reporting Requirements on Certain Money Services Businesses Along the Southwest Border

This Order requires money services businesses located in specific zip codes in Texas and New Mexico to report and retain records for currency transactions of $1,000 or more but not more than $10,000. Covered Businesses must file Currency Transaction Reports electronically within 30 days of the transaction and verify customer identity by recording specific identifying information on the report. The Order is effective from September 3, 2026, through March 1, 2027, with a compliance date of October 3, 2026, for entities not previously covered by a March 2026 order. Records must be retained for five years from the Order's expiration and made available to FinCEN or law enforcement upon request.

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BILLING CODE: 4810-02
DEPARTMENT OF THE TREASURY
Financial Crimes Enforcement Network
31 CFR Part 1010
Geographic Targeting Order Imposing Recordkeeping and Reporting Requirements on Certain Money Services Businesses Along the Southwest Border AGENCY: Financial Crimes Enforcement Network (FinCEN), Treasury. ACTION: Order. SUMMARY: FinCEN is issuing this Geographic Targeting Order, requiring certain money services businesses along the southwest border of the United States to report and retain records of transactions in currency of $1,000 or more, but not more than $10,000, and to verify the identity of persons presenting such transactions. DATES: Effective date: This action is effective September 3, 2026. Compliance date: The compliance date for persons that were not Covered Businesses under the Geographic Targeting Order published by FinCEN on March 10, 2026 (91 FR 11456), is October 3, 2026. FOR FURTHER INFORMATION CONTACT: FinCEN’s Regulatory Support Section by submitting an inquiry at www.fincen.gov/contact. SUPPLEMENTARY INFORMATION:
I. Background
If the Secretary of the Treasury (Secretary) finds, upon his own initiative or at the request of an appropriate Federal or State law enforcement official, that reasonable grounds exist for concluding that additional recordkeeping and reporting requirements are necessary to carry out This document is scheduled to be published in the Federal Register on 2026-09-04 and available online at https://www.federalregister.gov/d/2026-18194, and on https://govinfo.gov

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Source: Financial Crimes Enforcement Network — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works