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W R I T E R S B U R E A U Poetry Competition 2011 st 1 Rio P 00 5 e 2nd Prize 300 The winning poems will be published in Freelance Market News and on the Internet. 3rd Prize 200 4th Prize 100 Rules
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r i t e stands for Report of International Transportation of Currency or Monetary Instruments.
Individuals or businesses transporting more than $10,000 in currency or monetary instruments into or out of the United States are required to file r i t e.
r i t e can be filed electronically through the Financial Crimes Enforcement Network (FinCEN) website or by submitting a paper form at a port of entry.
The purpose of r i t e is to track the movement of large sums of money across international borders to prevent money laundering and terrorist financing.
r i t e requires reporting of the amount of currency or monetary instruments being transported, the traveler's personal information, and details of the trip.
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