EFTA Document EFTA01368067

Notice to Customers: A CTR Reference Guide Why is my financial institution asking me for identification and personal information? Federal law requires financial institutions to report currency (cash or coin) transactions over $10,000 con ducted by, or on behalf of, one person, as well as mul tiple currency transactions that aggregate to be over $10,000 in a single day. These transactions are reported on Currency Transaction Reports (CTRs). The federal law requiring these reports was pa