Stop Somali CASH Fraud Act

This bill would require financial institutions to file reports at least 72 hours before certain currency or money instruments leave the United States if they are being transported by foreign nationals from countries designated as state sponsors of terrorism or other high-risk nations. The report must include detailed personal information about the person transporting the funds, such as identity documents, taxpayer identification numbers, and contact details, as well as information about the beneficiary receiving the money. The law also requires disclosure of whether the funds originate from any U.S. government benefit programs and if the transporter has any ownership interest in the entity receiving those funds. This measure directly affects banks, money transfer services, and individuals transporting currency from specified countries.