Does anyone have a minimum cash volume as part of the definition of a Cash Intensive Business, i.e $50,000 monthly. I looked at CTR exemption guidelines which apply to businesses that perform "frequent" currency transactions over $10,000. The minimum is 8 reportable transactions a year. About 65% of my business customer base meets this definition. For Cash Intensive Businesses requiring high risk customer EDD, I was hoping to raise the bar to weekly reportable cash transactions.
Any reactions and info would be greatly appreciated. Please include any citations to official guidance if possible.
Thanks!