![]() If there is a currency exchange, it should be aggregated separately with each of the cash in and cash out totals. (See example three and four in the CTR Instructions, or on the FinCEN web site at ). However, they may be reported on a single CTR by using both items 26 and 27. “Cash-in” and “Cash-out” transactions should be considered separately, and not aggregated. If foreign currency is involved as part of the transaction, use the current business day’s exchange rate to determine the total amount in U.S. ![]() Always enter the total dollar amount in items 26 and 27 using the U.S. If cash disbursed totals over $10,000, enter the total amount of cash disbursed in item 27 (“Total cash out”). ![]() What should be entered in items 26 and 27? If cash received totals over $10,000, enter the total amount of cash received in item 26 (“Total cash in”). These two edits will insure that the CTR includes, if required, foreign currency data and in the format requested by law enforcement.ġ. To remove any possible ambiguity between the forms instructions and these FAQ’s, FinCEN is also inserting edits in “Foreign exchange rates”, on page 3, (remove reference to 26a/27a) and the instruction for items 26a and 27a “Foreign cash-in/Foreign cash-out”, page 4, “Do not convert to U.S. ![]() Financial institutions have requested guidance in completing Part II of FinCEN Form 104. Postal Service, must complete FinCEN Form 104 when reporting currency transactions under 31 CFR §103.22. Bank Secrecy Act financial institutions, other than casinos1 and the U.S. Concerning Completion of Part II of FinCEN Form 104, Currency Transaction ReportįinCEN is providing the following guidance concerning completion of FinCEN Form 104, Currency Transaction Report. ![]()
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