This course provides operations employees with an in-depth review of reporting requirements under Title 31 of the Code of Regulations relating to large currency transactions. The course covers currency transaction reporting requirements, Multiple Transaction Log tracking, and reporting and tracking related to negotiable instruments, credit accounts, deposit accounts, and customer identification requirements.

Upon completion of this course, the employee should:

• be able to define the terminology related to currency transaction reporting
• know the difference between reportable and non-reportable transactions
• understand when a multiple transaction log entry must be made
• identify customer identification requirements
• know wire transaction requirements
• understand tracking and reporting requirements for credit accounts and deposit accounts
• know information required for safekeeping accounts
• be able to communicate with customers appropriately when encountering large cash transactions