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Currency Transaction Reports (CTRs) I

Teacher: Carrie Wallace
Across
Requests for approval to add a business to the CTR exemption list must be sent to the _____.
Deposits, withdrawals, currency exchanges, and _____ _____ made in cash are examples of transactions included in a CTR.
If a customer alters a transaction to avoid a CTR, this is called _____.
All joint signers must be listed as _____ on the CTR.
If the customer refuses to provide all the information necessary to complete a CTR, the transaction must be reported to the _____ _____.
Certain businesses, such as Money Service Businesses, are _____ for an exemption from CTR reporting.
All currency transactions conducted from all branches are _____ to determine the amount reported on a CTR.
A review of all CTR exempt customers is performed _____.
Cash in and cash out transactions are considered _____ and do not offset against one another.
CTRs stands for _____ Transaction Reports.
All currency transactions _____ $10,000 must be reported to FinCEN.
A _____ performs a transaction solely for the benefit of another person or organization.
Down
Copies of CTRs must be kept for _____ years.
Skagit Bank's BSA/AML Officer is _____ _____.
At a minimum the beneficiary's name, physical address, date of birth, SSN, identification, and _____ must be on the CTR.
CTRs are completed through _____ _____.
The _____ Department reviews the Large Currency Report to determine if a CTR should be filed.
CTRs must be filed within fifteen _____ days from the transaction date.
Banks and credit unions are eligible for a Phase I _____.
To be eligible for Phase II CTR exemptions, a customer must maintain a deposit account for _____ months and have at least five currency transactions exceeding $10,000 per year.