Q: Does FinCEN provide depository institutions with a confirmation of receipt of the Designation of Exempt Person form (FinCEN (110)?
A: Designation of Exempt Person form (FinCEN 110) is filed electronically with FinCEN through the BSA E-Filing system. The filing institution is provided an acknowledgement that the report has been received. (12/2017)
This FAQ was obtained from FinCEN’s website, in the section for Answers to Frequently Asked BSA Questions, which may be found here: