How will the situation of no account matches for a quarter be handled?
Those filing under Method 2 may have no matches to report after comparing their accounts against the DOAS Inquiry File. No Match directions may differ depending on who is filing the report. Please read the following sections carefully to find which apply to you. Reporting Agents If a Reporting Agent finds one or more institutions for which it reports do not have a match against the Inquiry File, follow these instructions: a) Agents reporting both matches and no matches, must include a complete “A” and “T” Record on the Match Tape for every institution it compares against the Inquiry File. Do not omit those institutions with no matches, but enter zeroes in the appropriate positions of the “T” Record. An institution that has been omitted may find itself in violation of Bank Match requirements. A No Match Report must be filed by completing a Magnetic Media Transmitter Report. Attach a list containing every institution name, TIN and the total number of accounts compared against the Inquiry