![]() ‘Item 3 Multiple transactions’ – Check ‘Item 3’ if multiple cash transactions of any amount totaling more than $10,000 as cash-in or more than $10,000 as cash-out (cash-in/out transactions should not be combined) were conducted in a single business day by or for the person recorded in Part I. Refer to FAQ #27 for details and examples on when to use ‘Aggregated Transactions.’įinCEN CTR Electronic Filing Requirements XML Schema 2.0 User Guide: Attachment C – Electronic Filing Instructions () ‘Item 24 Aggregated transactions’ occur in specific situations and are determined separately from multiple transactions. A deposit into multiple accounts should be reported as multiple transactions for the conductor if each transaction is posted individually. ![]() Only check ‘Item 3’ for the person(s) it applies to.If an amount is not reportable, do not count it when determining if you have multiple transactions non-reportable amounts are amounts that, when combined with all other like transactions (cash-ins or cash-outs), do not exceed the $10,000 reporting threshold.If you are reporting on multiple cash-ins totaling more than $10,000 or multiple cash-outs totaling more than $10,000, check ‘Item 3 Multiple transactions’.A quick summary of the latest changes and text from applicable sections of the CTR filing guide and FAQs, which were updated to clarify a change in the use of the ‘Multiple transactions’ check box on the CTR form follows. The Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) updated its Currency Transaction Report (CTR) Electronic Filing Requirements document in October 2019 and again modified these details in November 2019.
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