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Currency Transaction Report: Form Completion
(Presented By: Ken Golliher)
How many Currency Transaction Reports (CTRs) does your institution file each year? What is your error rate? Are the queries sent back to you by the Detroit Data Processing Center indicative of "errors" on the part of your personnel, or faulty information provided by those conducting large currency transactions? Do you have any idea how many work hours are spent in pursuing corrections or providing additional information? Can you imagine how many hours would be saved if your CTRs were completed correctly, the first time?
 | WEBINAR TIME:
11:30AM - 1:30PM PT
12:30PM - 2:30PM MT
1:30PM - 3:30PM CT
2:30PM - 4:30PM ET |  |
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Join Ken Golliher in this fast-paced two-hour webinar designed to review the basics of CTR completion. You'll get a detailed manual that will be a valuable resource for long after the webinar is completed.
PROGRAM CONTENT
During the session, Ken will discuss:
- When a CTR is required
- Aggregation rules
- Cash in vs. Cash Out
- Business day
- By or on behalf of a person
- Deciding who benefits from a transaction
- Deposits to joint accounts
- Withdrawals from joint accounts
- Cashing payroll checks - When do you file?
- Special filing suggestions for sole proprietors and other DBAs
- Identification requirements
- When should you refuse a transaction?
- Street address or mailing address?
- Address for multi-location businesses
- Business or occupation
- When there is no TIN
- When you don't know who made the transaction
- Attorney - client privilege and CTR filing
- Withdrawal vs. Negotiable Instrument Cashed
- Currency exchanges
This session focuses on completion requirements for Form 104 that are applicable whether your institution is filing on paper or electronically. It does not focus on filing issues that are unique to electronic filing; it focuses on how to fill out the form. Whether your institution is using pen and ink or bits and bytes to meet your filing responsibilities your personnel need to understand what information is sought.
WHAT DO YOU WANT TO HEAR ABOUT DURING THE SEMINAR?
There will be Q & A's during the program, but if you want to submit questions in advance or make certain your topic is addressed, send them to seminars@bankersonline.com Put CTR Form Completion Webinar in the message line.
About the Speaker:
Ken Golliher is a principal with Pegasus Educational Services, LLC, a training firm headquartered in Louisville, Kentucky. He is an experienced banker with a unique ability to reduce complex legal concepts to plain English. He has explained the "why" and "how" of regulations to thousands of financial institution personnel and examiners. Ken's banking career began in 1972 and includes serving as a teller, commercial operations manager and as trust department legal counsel in a state and a national bank. For ten years he headed the education division of a regional consulting firm for financial institutions. He has served on the faculty of the LSU Graduate School of Banking, the OTS' Level I Compliance School and the FDIC's Advanced Consumer Protection School for examiners. He has presented seminars in more than 25 states and has served as an instructor at compliance schools sponsored by the Illinois, Indiana, Georgia, Kansas, Kentucky, Nebraska, Pennsylvania and Texas bankers associations. He is one of the moderators for the Bank Secrecy Act forum at http://www.bankersonline.com/
More information...
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888-229-8872