Filling Out A CTR
Barbara Hurst, BOL Guru
Guru BIOS
Question: What do I put in box # 13 of a Currency Transaction Report when a 20-year-old does not work, she isn't a student, nor is she a housewife?
Answer: FinCEN suggests when all categories fail to describe that you simply write "Unemployed" and let it go at that. It is evidently commonly done. And it may be more politically correct to use the term "Homemaker!"
Copyright © 2003 Bankers' Hotline. Originally appeared in Bankers' Hotline, Vol. 13, No. 3, 6/03
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