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Somali Processing Sf, Action, C COMB APPROVAL OMB Number: 32350123 Expires: May 31, 2017, Estimated average burden hours respond ......12. Dose(Washington, D.C. 20549 A14NUAL,AUDITED, REPORTER M Xs17Q
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What is c c fe?
C c fe stands for Currency Transaction Report (CTR) and is a report that financial institutions are required to file with the Financial Crimes Enforcement Network (FinCEN) for any transactions involving cash over $10,000.
Who is required to file c c fe?
Financial institutions including banks, credit unions, and money service businesses are required to file c c fe.
How to fill out c c fe?
C c fe can be filled out electronically through the Bank Secrecy Act (BSA) E-Filing System or manually with the required information including details of the transaction, identification of the individuals involved, and the purpose of the transaction.
What is the purpose of c c fe?
The purpose of c c fe is to assist law enforcement in detecting and preventing money laundering, terrorist financing, and other financial crimes.
What information must be reported on c c fe?
C c fe requires information such as the amount of the transaction, the identity of the individual conducting the transaction, the source of the funds, and the purpose of the transaction.
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