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View Full Version : Wire transfers subject to currency transaction report?


lalji
Apr 3, 2013, 06:55 AM
If I send a wire transfer greater than $ 10,000 do I need to submit currency transaction report? Or is CTR meant for cash,cheque and cash equivalent transactions?

smoothy
Apr 3, 2013, 08:06 AM
Your bank will do this... and yes.. WIRE transfers are subject as is ANY type of currency transaction that moves monetary instruments.