Introductory BSA/AML Examiner School, Atlanta, CA

Currency Transaction Reports (CTRs)

Aggregation required if the Financial Institution has knowledge:

• They are by or on behalf of the same person.

• If Cash In or Cash Out total more than $10k in one business day.

CTRs Example

Example:

A person deposits $11,000 in currency to his savings account and withdraws $3,000 in currency from his checking account.

How should the CTR be filed?