Bank Secrecy Act for Frontline Employees: 02. Filing Currency Transaction Reports

Now that we know how currency transaction reports (CTRs) work and the requirements for filing them, we're going to teach you how to file them. This process will vary depending on where you work, so check with your financial institution on their specific requirements. In this course, we'll go over collecting verification information and where to properly record it. We'll discuss the four sections of the CTR and how to complete them. We'll also talk about what to do when customers are inconvenienced or frustrated by the CTR filing requirements.