SIE practice questioneasyCTR reporting
A Currency Transaction Report (CTR) must be filed for cash transactions that exceed what dollar threshold in a single day?
- A$5,000
- B$7,500
- C$10,000✓ Correct answer
- D$15,000
Explanation
Why C — $10,000
A CTR must be filed for cash transactions over $10,000 in a single business day, as required by the Bank Secrecy Act.
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