Who should file the revised CTR Form 4789?
Each financial institution identified in the regulations in 31 CFR Part 103 (other than a casino, which instead must file Form 8362 and the U.S. Postal Service for which there are separate rules), must file a revised CTR Form 4789 for each deposit, withdrawal, exchange of currency, or other payment or transfer, by, through, or to the financial institution which involves a transaction in currency totaling more than $10,000 in one business day. Multiple transactions must be treated as a single transaction if the financial institution has knowledge that: (1) they are by or on behalf of the same person, and (2) they result in either currency received (Cash In) or currency disbursed (Cash Out) by the financial institution totaling more than $10,000 in any one business day. 2. Question: Should the revised CTR Form 4789 be used to report suspicious activity? Answer: The revised CTR should NOT be filed for SUSPICIOUS TRANSACTIONS involving $10,000 or less in currency OR to note that a transact
