Series 26: Currency Transaction Report (CTR)

Taken from our Series 26 - Investment Company Products/Variable Contract Limited Principal Exam

Definition of the term Currency Transaction Report (CTR)...

a report submitted to the IRS by a financial institution that receives cash transactions exceeding $10,000 from any single customer in a single day, whether conducted in one transaction or several smaller ones.

Since you're reading about Series 26: Currency Transaction Report (CTR), you might also be interested in:

Solomon Exam Prep Study Materials for the Series 26
Please Enable Javascript
to view this content!