Skip to content

CTR Cap?

Answered by: 

I work in the retail division of a bank. A handful of our merchants collect payments in-store, and if a cash payment is made over $10,000, we complete a CTR. Since we are regulated by the OCC, is there a cap on the number of CTRs that can be completed each year?

You have to file a CTR for every transaction subject to reporting. There are no caps.

First published on 10/26/09

First published on 10/26/2009

Filed under: 
Filed under security as: 

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics