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CBR Network CBR Associates, Inc. 1415 Broad St. Durham, NC 27705 P: 9192861326 F: 9192861329 March 2014 Volume 65 Brendan cbrassoc.com, Kathy cbrassoc.com, Alisha cbrassoc.com, Steve cbrassoc.com
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CBR network stands for Cash Transaction Reporting network, which is a system used to report large cash transactions.
Financial institutions, money service businesses, and other entities involved in cash transactions are required to file CBR network.
CBR network can be filled out electronically through the designated reporting system provided by the financial regulators.
The purpose of CBR network is to monitor and report large cash transactions to prevent money laundering and other illicit financial activities.
The information that must be reported on CBR network includes details of the transaction, the parties involved, and the source of funds.
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