[ValentineC]

> having a SAR filed can be bad, because too many filed about you will likely cause banks to refuse to open accounts for you.

Aren't SARs private? I thought having too many filed against a person would cause a bank to terminate a banking relationship, but not prevent other banks from opening new accounts.

From what I understand, there are other reporting systems in the US like ChexSystems and EWS that do facilitate this form of information sharing.