Once a helpful tool for law enforcement, CTRs have become next to useless in the fight against money laundering, write Greg Baer and Gregg Rozansky, of the Bank Policy Institute. "Debanking" has ...
Hosted on MSN
What really happens when you pull $10k from the bank
Withdrawing $10,000 or more in cash from a U.S. bank account triggers a mandatory Currency Transaction Report (CTR) to the Financial Crimes Enforcement Network (FinCEN). This requirement, established ...
The Trump administration has introduced a new measure that will require all "money service businesses" located in 30 ZIP codes along the Texan and Californian borders with Mexico to file a currency ...
On February 24, 2009, FinCEN released the educational pamphlet, 'Notice to Customers: A CTR Reference Guide,' for financial institutions and their customers containing information on the currency ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback