STRSuspicious Transaction Report
A report of suspected activity submitted to the relevant authority under the applicable reporting process; it is not a criminal verdict.
What does it mean?
English expansion: Suspicious Transaction Report
A report of suspected activity submitted to the relevant authority under the applicable reporting process; it is not a criminal verdict.
How is this concept used?
An STR communicates a concern about suspicious activity through the reporting process that applies to the reporting entity. It records reasons and relevant facts; it is not a judicial finding. A useful distinction is between detecting a possible concern, reviewing it and making an official report.
Documented examples
Documented example
FinCEN: BSA E-Filing system
FinCEN's public SAR guidance identifies BSA E-Filing as the electronic channel for U.S. Suspicious Activity Reports. This jurisdiction uses SAR terminology for official reporting of suspicious activity.
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Documented example
UKFIU: SAR Portal
The NCA's public guidance directs reporters to the SAR Portal for reports sent to the UK Financial Intelligence Unit. It explains that SARs provide intelligence about potential money laundering or terrorist financing for law enforcement analysis.
Publication date not confirmed · Source checked:
Connection to a wallet report
A screening PDF may support an internal review. It is not automatically an STR submission, and opening a saved report does not send one to an authority.
A common misconception
A risk alert, a wallet report and a formally submitted STR are different records.
Related reading
Put the explanation in context
When you need a wallet report, open the application and follow its normal account and scan process.
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