Quote:
Originally Posted by SG4
Just curious, is the C in CTR for cash? So if you're using checks, wires etc why would that trigger anything? Those methods leave a paper trail, I thought the whole idea of needing to be questioned about cash transactions was the reason of no paper trail.
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riding on fumes for today, about to cook some shrimp and go to sleep. Can't go in depth.
did realize the search engines mainly show CTR as 'click through rate' (an online advertising acronym)
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CTR = 'currency transaction report'
SAR = 'suspicious activity report'
'structuring' = a guilty until proven innocent crime/accusation used to prevent people from working around the CTR and justify a SAR
this wiki page does a decent job of introducing/covering:
https://en.wikipedia.org/wiki/Bank_S...action_reports
