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Tu iiitlliiituMEMORANDUMI.t....II\'i:llinttieIiI IAT. l. I VILLAGE OF To:Mayor Collins and TrusteesFrom:Traci PleckhamCC:Rick KaczankoBrianPLAINFIELDDirector of Management ServicesInformation Technology
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The III IAT (Interstate Information Technology) is a reporting form used by financial institutions to report international transactions involving currency.
Any financial institution or entity that conducts international transactions involving currency is required to file the III IAT.
To fill out the III IAT, provide detailed information about the transaction, including the parties involved, the amount, the date, and any relevant identification numbers. Follow the specific guidelines provided by the regulatory authority.
The purpose of the III IAT is to ensure transparency in international transactions and to help combat money laundering and other financial crimes.
Information that must be reported includes the names and addresses of the parties involved, transaction amounts, dates, account numbers, and any relevant identification related to the transaction.
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