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Money Tree April 2011 Holiday Schedule A Quarterly Publication for the Valued MemberOwners of Honolulu Federal Credit Union Memorial Day Monday, May 30, 2011, All Offices Closed VALUE Spring into
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What is money tree?
Money tree is a financial reporting form used to disclose details concerning large cash transactions.
Who is required to file money tree?
Individuals and businesses involved in cash transactions exceeding a certain threshold are required to file money tree.
How to fill out money tree?
Money tree can be filled out online or submitted through mail with details of the cash transactions.
What is the purpose of money tree?
The purpose of money tree is to help monitor and prevent money laundering and other illegal activities related to cash transactions.
What information must be reported on money tree?
Information such as the parties involved, amount, date, and nature of the cash transaction must be reported on money tree.
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