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#1717043 - 07/03/12 09:20 PM CTR Exemptions
Kristen C. Offline
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Joined: Jan 2008
Posts: 30
How long does a customer have to have relationship with the bank before they can be exempted.

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#1717047 - 07/03/12 09:29 PM Re: CTR Exemptions Kristen C.
Doug Hendrickson Offline
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Doug Hendrickson
Joined: Oct 2009
Posts: 3,927
If this is a Phase II exemption, it would be two months. This presumes they also meet the transaction frequency of five or more transactions per year that would be reportable.

If they are Phase I, there is no waiting period or transactin frequency to meet.
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