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CONTRACT TO PURCHASE AGRICULTURAL LAND REALTORS Land Institute Illinois Chapter THIS FORM OF AGREEMENT WHEN FILLED IN AND EXECUTED BY BOTH BUYER AND SELLER IS INTENDED TO BECOME A BINDING REAL ESTATE
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What is cu?
CU stands for Currency Transaction Report, which is a report that financial institutions are required to file with the Financial Crimes Enforcement Network (FinCEN) for any transaction involving more than $10,000 in cash.
Who is required to file cu?
Financial institutions such as banks, credit unions, and money service businesses are required to file cu.
How to fill out cu?
CU can be filled out electronically through the BSA E-Filing System provided by FinCEN.
What is the purpose of cu?
The purpose of cu is to help detect and prevent money laundering and other financial crimes by tracking large cash transactions.
What information must be reported on cu?
CU must include information such as the date and time of the transaction, the type and amount of currency involved, the identity of the individuals involved, and the nature of the transaction.
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