Newly released CTR form - discrete filing

Posted By: J_G

Newly released CTR form - discrete filing - 09/28/21 03:26 PM

I just noticed a new CTR form was released in June of this year (version 1.3). We are a discrete filer. Do I need to do amendments for the CTRs done with the previous form that was used before this newer version came out? I don't really see any differences.
Posted By: rlcarey

Re: Newly released CTR form - discrete filing - 09/28/21 03:41 PM

Since the invent of required electronic filing - what form?
Posted By: John Burnett

Re: Newly released CTR form - discrete filing - 09/29/21 02:26 PM

It's likely that the "form" is identical to version 1.2 except for some updated instructions (the comments that appear when hovering over a field).
Posted By: ColoradoAML

Re: Newly released CTR form - discrete filing - 09/29/21 02:26 PM

I would recommend calling FinCEN and asking them and keeping a record of their response. I doubt you'd have to amend the reports but a call would probably help you avoid arguing about it with an auditor or examiner that felt differently.
Posted By: John Burnett

Re: Newly released CTR form - discrete filing - 09/29/21 02:35 PM

The change is likely part of FinCEN's modernization of the private side of the filing system, which was activated in June.
Posted By: Amy S

Re: Newly released CTR form - discrete filing - 09/29/21 03:53 PM

The form itself is the same. What I have saved prior to the change in the website and current form both show "Version Number 1.3". I downloaded & saved the "new" form just to be safe.
Posted By: John Burnett

Re: Newly released CTR form - discrete filing - 09/29/21 05:54 PM

I download version 1.3 three years ago (when it was easily found on the site, outside the private filing portal).