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CREST Cache Undergraduate Research Fellows APPLICATION Formulas fill out the application below and email to crestcache@fiu.eduNote: Please type your answers on this word document, sign, and submit
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Crest URF stands for Currency and Foreign Transactions Reporting Act. It is a report required to be filed by financial institutions to the Financial Crimes Enforcement Network (FinCEN) for certain currency and foreign transactions.
Financial institutions such as banks, credit unions, and money service businesses are required to file Crest URF.
To fill out Crest URF, financial institutions must provide information about certain currency and foreign transactions conducted by their customers.
The purpose of Crest URF is to track and combat money laundering, terrorist financing, and other financial crimes.
Information such as the identity of the individuals involved in the transactions, the amount of the transactions, and the nature of the transactions must be reported on Crest URF.
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