CTR: Multiple Transactions vs. Aggregated Transactions
Question: I attended the league’s “Bank Secrecy Act (BSA) for BSA Staff” Compliance Essentials training on August 21st. You spoke about when to check Item 3, “multiple transactions” on a Currency Transaction Report. Can you also explain when we check the Item 24 option “aggregated transactions” on the CTR and how these two items differ? […]