Bank of America, N.A. fined $750M by OCC
- Amount
- $750,000,000
- Regulator
- OCC
- Office of the Comptroller of the Currency
- Date
- Country
- United States
- Bank
What happened
The OCC imposed a record $750 million civil penalty on Bank of America for violations of the Bank Secrecy Act and related AML regulations.
Violations
Controls that catch this
- Transaction Monitoring: scenario coverage, alert review and SAR workflow
- Customer risk assessment that blocks or escalates high-risk onboarding
- Case management with an audit trail for every decision
Sources
- Regulator's notice Official
-
Also reported by 1 outlet, tracked in
AML News Radar
- OCC Imposes $750 Million Assessment Against Bank of America for Deficient BSA/AML Compliance Office of the Comptroller of the Currency
Doing business with Bank of America, N.A.? Check the company and its owners against sanctions lists for free.
Run a sanctions checkRelated fines
| 13 Oct 2026 | Bank of America | FinCEN | $1,200,000,000 |
| 13 Oct 2026 | Bank of America, N.A. | OFAC | $11,662,930 |
| 8 Oct 2026 | American Express National Bank | OCC | $350,000,000 |
Figures and summaries come from the regulator's published notice or, where noted, press reports. Penalties can be reduced, appealed or combined with other agencies' actions. Last reviewed by our compliance team: 27 Oct 2026.