Currency Transaction Reports - US

Currency Transaction Reports (CTRs) are a cornerstone of anti-money laundering compliance and a critical regulatory obligation for financial institutions. This course provides a clear, practical overview of CTR requirements under the Bank Secrecy Act, with a strong focus on accurate reporting, documentation, and regulatory readiness. You will learn how to identify reportable cash transactions, apply the $10,000 reporting threshold, and correctly aggregate multiple transactions conducted in a single business day. The course also explains essential recordkeeping requirements and retention timelines, helping you maintain documentation that withstands regulatory audits and examinations. Additionally, you will develop practical skills to recognize common structuring patterns, such as amount structuring, location structuring, and third-party structuring, that indicate attempts to evade CTR filing. Through realistic scenarios and guided practice, you’ll learn how to make sound compliance decisions and support your institution’s AML efforts. Designed for frontline staff and compliance professionals, this course builds the confidence and judgment needed to execute CTR responsibilities accurately and consistently

• Explain the role of Currency Transaction Reports (CTRs) under the Bank Secrecy Act, including key regulatory agencies and compliance terminology
• Identify when a cash transaction meets CTR reporting requirements, applying the $10,000 threshold and aggregation rules accurately
• Demonstrate the steps required to collect, document, and retain customer and transaction information for compliant CTR filing and recordkeeping
• Recognize structuring patterns and other red flags that may indicate attempts to evade CTR reporting requirements

• No deep prior experience is required, but basic computer and internet skills are helpful
• Ability to read course instructions in English and complete short practice activities