Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Do currency transactions of exactly $10,000 require a CTR?

April 26, 2017CTR currency require transactions

0

Posted

Do currency transactions of exactly $10,000 require a CTR?

1 Answer

0

Posted

No. Currency transactions that aggregate to $10,000 or less do not require a Currency Transaction Report (CTR). Financial institutions are obligated to file CTRs for currency transactions over $10,000.