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Central Washington B League Scholarship Application Dear Senior, The Central Washington B League wishes to recognize outstanding achievement and character by awarding a ×500 scholarship to a top
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What is c e n t?
CENT stands for Currency and Foreign Transactions Reporting Act. It is a requirement for financial institutions to report certain transactions to the US government.
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Financial institutions such as banks, credit unions, and money service businesses are required to file c e n t.
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Financial institutions must use the appropriate forms provided by the government and follow the instructions for reporting transactions.
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The purpose of c e n t is to track and prevent money laundering, terrorism financing, and other illegal financial activities.
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Financial institutions must report information such as the identities of the parties involved in the transaction, the amount of the transaction, and the nature of the transaction.
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