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CAT ICCAT Controlled Access Technology CAT 2 HF CAT 4 HFCAT2 and CAT4 Display Features: The CAT 2 provides a single name, backlit LCD that will scroll both forward and backward. The CAT2 characters
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Cat II stands for Category II which is a type of reporting form used for certain financial transactions.
Financial institutions and individuals involved in certain financial transactions are required to file Cat II forms.
Cat II forms can be filled out online through the designated reporting system provided by relevant authorities. It requires providing detailed information about the financial transactions.
The purpose of Cat II is to monitor and report certain financial transactions to prevent money laundering and other illegal activities.
Information such as the parties involved in the financial transaction, the nature of the transaction, and the amount of money exchanged must be reported on Cat II forms.
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