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#1823313 - 06/13/13 04:44 PM FinCEN CTR Reference Guide
Getting_Grayer Offline
100 Club
Joined: Oct 2007
Posts: 191
USA
I was wondering how many of your banks are using the FinCEN CTR Referene Guide?

Thanks!

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#1823336 - 06/13/13 05:09 PM Re: FinCEN CTR Reference Guide Getting_Grayer
Deena Offline
Power Poster
Deena
Joined: Nov 2000
Posts: 2,701
PA
We definitely use it, although I'm not sure it does much good. Some customers just don't care.
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#1823343 - 06/13/13 05:23 PM Re: FinCEN CTR Reference Guide Getting_Grayer
NotDoneYet Offline
Gold Star
NotDoneYet
Joined: Jul 2010
Posts: 482
PA
We use it and we know most customers seem not to care.
Treasury told us to keep passing it out as needed. And we do.

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#1823363 - 06/13/13 05:42 PM Re: FinCEN CTR Reference Guide Getting_Grayer
Elwood P. Dowd Offline
10K Club
Elwood P. Dowd
Joined: Aug 2001
Posts: 21,939
Next to Harvey
Oftentimes called The FinCEN pamphlet, FinCEN CTR Reference Guide.
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In this world you must be oh so smart or oh so pleasant. Well, for years I was smart. I recommend pleasant.

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#1823388 - 06/13/13 06:18 PM Re: FinCEN CTR Reference Guide Getting_Grayer
devsfan Offline
Diamond Poster
Joined: Jun 2004
Posts: 1,927
NYC
We use it alot and always record the fact that it was provided so when we file a SAR on ths customer we include in the narrative a statement like "WE PREVIOUSLY PROVIDED THE CUSTOMER WITH INFORMATION ON CURRENCY REPORTING REQUIREMENTS AND STRUCTURING BUT THE CUSTOMER CONTINUED TO CONDUCT CASH TRANSACTIONS JUST BELOW THE REPORTING THRESHOLD. That way when law enforcment knocks on their door that cannot claim that they just did not know. Unfortunately, as other posters have stated most customers just continue to do what they want, at least until we close their acount.

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