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BUSINESS DEPARTMENT OFT 103 KEYBOARDING Syllabi: SPRING 2017 Instructor: Mario Fulbright Office: FOH 205 Office Hours: Tues. 9 a.m. 12 p.m. and Thurs. 9 a.m. 12 p.m. Telephone: 4103342830 Computer
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OFT 103 is a form used for reporting the transport of currency or monetary instruments across the border.
Any individual or entity physically transporting currency or monetary instruments across the border is required to file OFT 103.
OFT 103 can be filled out online or submitted in person at a designated location. The form requires information such as the amount of currency being transported, the source and destination of the funds, and personal identification details.
The purpose of OFT 103 is to track and report instances of large sums of currency being transported across borders to prevent money laundering and terrorist financing.
Information such as the amount of currency being transported, the source and destination of the funds, and personal identification details must be reported on OFT 103.
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