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C E N T E R THE NEWSLETTER OF THE C I T Y C E N T E R C I TY D I S T R I C T D I G E S T AND CE N T R A L P H I L A D E L P H I A D E V E L O P M E N T C O R P O R A T I O N P H I L A D E L P H I
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C e n t stands for Currency Transaction Report.
Financial institutions are required to file c e n t.
C e n t can be filled out electronically through the Financial Crimes Enforcement Network's BSA E-Filing System.
The purpose of c e n t is to report transactions in currency over $10,000.
Information such as the name, address, social security number, occupation, and the amount of the currency transaction must be reported on c e n t.
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