Details of Currency Transaction Reporting (CTR)
Details of Currency Transaction Reporting (CTR)
Thursday, July 7, 2022
2:00 – 3:00 pm (Eastern Time)
This webinar takes attendees through the CTR form, discuss commonly missed CTR reporting information and how to handle amending CTRs when the financial institution identifies an error.
Financial institutions are required to electronically file a Currency Transaction Report (CTR) for each transaction in currency of more than $10,000 for deposits, withdrawal, exchange of currency or other payment or transfer). This webinar takes attendees through the CTR form, discuss commonly missed CTR reporting information and how to handle amending CTRs when the financial institution identifies an error. The instructor will also discuss phase 1 and phase 2 exemptions and reporting requirements.
Topics include:
- Regulatory requirements for filing Currency Transaction Reporting (CTRs)
- Best business practices for handling different types of scenarios
- Suggested documentation for your front-line staff in determining when to file
- Correct input of CTR information
Who Should Attend:
- BSA/AML Officers and Support Staff
- Branch management
- Customer Service Representatives
- Tellers
- Call Centers
- Electronic Banking
- Risk Management
- Deposit Operations
- Compliance
- Internal Audit
- Information Security
- Executive Management
Instructor
Terri Sands
Secura Risk Management / Founder
Throughout her career, Terri has served as a leader in the payments and fraud prevention industry, providing education, risk management and compliance consulting and support services geared toward the specific needs of financial organizations.
Terri is an Advanced Certified Anti-Money Laundering Specialist, an At-Risk Adult Crime Specialist and an Accredited ACH Professional. Prior to founding Secura, Terri served as co-founder of Payments Information Circle (PIC), a service organization providing payments industry education, auditing, consulting, resources, and support services to financial organizations throughout the country. Prior to her work at PIC, Terri also served as the President of GACHA, a non-profit, regional payments association where she provided strategic direction for financial institutions in the payments industry. Terri began her career in payments as a Senior Analyst with the Federal Reserve Bank of Atlanta where she provided training throughout the Sixth District and served on the Federal Reserve ACH Conversion Team that consolidated ACH Services for all branch locations in the Sixth District.
Attendance verification for CE credits provided upon request.
Webinar Sponsored by BankersHUB
If you are having issues with registering online, please contact CBAO's Education, Training & Special Event Coordinator, Malia Widder, (614) 610-1877.
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Webinar and Playback* ($295/$445)
*Playback has no expiration.
Additional Hookup - Registering another banker from a different location ($185/$225)
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