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To: NS CIF School Administrators From: Elizabeth Kyle, Date: January 22, 2015, Re: Certification of wrestling coaches The Board of Managers approved the following language in the 201416 Wrestling
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CIFNS stands for Currency and Financial Instrument Reporting System.
Financial institutions, currency dealers, and individuals carrying more than $10,000 in currency or monetary instruments across international borders are required to file CIFNS.
CIFNS can be filled out online through the designated portal provided by the financial authorities.
The purpose of CIFNS is to monitor and prevent money laundering and the illegal movement of funds across borders.
Information such as the amount of currency or monetary instruments being transported, the source and destination of the funds, and the personal information of the individual carrying the funds must be reported on CIFNS.
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