Bank Secrecy Act for Frontline Employees: 01. What Are Currency Transaction Reports?

The best way to combat money laundering is to prevent dirty money from entering into the financial system. The currency transaction report, or CTR, was designed to help financial institutions keep that from happening. In this course, we'll discuss all the basics of CTRs: how they work, when to use them, where they go, and the information you're required to keep.

Keywords: banking, Bank, section two, bank secrecy, frontline employees, Employees, section two bank secrecy for frontline employees, HSI-ej4

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