Sections 1010.310 through 1010.314 set forth the rules for the reporting by financial institutions of transactions in currency. Unless otherwise indicated, the transactions in currency reporting requirements in 1010.310 through 1010.314 apply to all financial institutions. Each financial institution should refer to subpart C of its chapter X part for any additional transactions in currency reporting requirements.

Each financial institution other than a casino shall file a report of each deposit, withdrawal, exchange of currency or other payment or transfer, by, through, or to such financial institution which involves a transaction in currency of more than $10,000, except as otherwise provided in this section. In the case of the U.S. Postal Service, the obligation contained in the preceding sentence shall not apply to payments or transfers made solely in connection with the purchase of postage or philatelic products.

This document, part of the Code of Federal Regulations, specifically falls under the regulations relating to money and finance issued by the Financial Crimes Enforcement Network (FinCEN), which is a part of the Department of the Treasury. The document states that before conducting any transaction that requires a report under specific sections of this chapter, a financial institution must verify and record the name, address, identity, account number, and social security or taxpayer identification number (if applicable) of the individual presenting the transaction.

(a) Multiple branches. A financial institution includes all of its domestic branch offices, and any recordkeeping facility, wherever located, that contains records relating to the transactions of the institution’s domestic offices, for purposes of the transactions in currency reporting requirements in this chapter. (b) Multiple transactions. In the case of financial institutions other than casinos, for purposes of the transactions in currency reporting requirements in this chapter, multiple currency transactions shall be treated as a single transaction if the financial institution has knowledge that they are by or on behalf of any person and result in either cash in or cash out totaling more than $10,000 during any one business day (or in the case of the U.

No person shall for the purpose of evading the transactions in currency reporting requirements of this chapter with respect to such transaction: (a) Cause or attempt to cause a domestic financial institution to fail to file a report required under the transactions in currency reporting requirements of this chapter; (b) Cause or attempt to cause a domestic financial institution to file a report required under the transactions in currency reporting requirements of this chapter that contains a material omission or misstatement of fact; or (c) Structure (as that term is defined in 1010.

Each financial institution (as defined in 31 U.S.C. 5312(a)(2) or (c)(1)) should refer to subpart C of its financial institution part in this chapter for any additional suspicious transaction reporting requirements.

This regulation, found in the Code of Federal Regulations, requires individuals who physically transport, mail, or ship currency or other monetary instruments exceeding $10,000 at one time from or into the United States to make a report. The regulation also mandates that individuals receiving currency or monetary instruments exceeding $10,000 at one time from outside the United States, without a previously filed report, must make a report stating the amount, date of receipt, form of monetary instruments, and the person from whom received.

This document, part of the Code of Federal Regulations, requires United States persons with a financial interest in, or signature or other authority over, a bank, securities, or other financial account in a foreign country to report such relationship to the Commissioner of Internal Revenue. The reporting form prescribed for this purpose is the Report of Foreign Bank and Financial Accounts (TDF 9022.1), or any successor form. The document defines ‘United States person’ as a citizen or resident of the United States, or an entity created, organized, or formed under the laws of the United States, any State, the District of Columbia, the Territories and Insular Possessions of the United States, or the Indian Tribes.

This regulation, issued by the Financial Crimes Enforcement Network (FinCEN) under the Department of the Treasury, empowers the Secretary to promulgate regulations requiring specified financial institutions to file reports of certain transactions with designated foreign financial agencies. The regulation outlines the information subject to reporting requirements, including checks or drafts, transmittal orders, loans, commercial paper, stocks, bonds, and certificates of deposit. The Secretary has the authority to classify financial institutions subject to or exempt from reporting requirements, determine the foreign countries to which the requirements apply, specify the magnitude and kind of transactions subject to reporting, and prescribe the form in which the information is to be reported.

This legal document, found in the Code of Federal Regulations, pertains to the records that financial institutions are required to make and retain. The document specifies the types of records that must be retained, including records of extensions of credit, advice or instructions regarding transactions involving the transfer of currency or other monetary instruments, and information related to transmittal orders for funds. The document also outlines the specific information that must be included in these records, such as names, addresses, amounts, and dates.