FINCEN Form 104 PDF Details

In the dynamic field of financial regulation, the FINCEN Form 104, also known as the Currency Transaction Report (CTR), stands as a critical document for financial institutions in the United States. Mandated by the Department of the Treasury's Financial Crimes Enforcement Network (FinCEN), this form plays a pivotal role in monitoring transactions that meet or exceed $10,000 in currency. Instituted in March 2011, with a strict requirement for adherence post-September 2011, the form requires detailed information about the persons involved in the transaction, including their names, addresses, social security or employer identification numbers, and the nature of their business. The form accommodates various types of transactions such as deposits, withdrawals, currency exchanges, and more, with specific sections dedicated to the financial institution where the transaction takes place, including its name, address, and regulatory identifier. Notably, the form emphasizes the identification of suspicious activities, outlining a separate protocol for transactions that, while exceeding the $10,000 threshold, also raise red flags for potential illegal activity. This meticulous documentation serves as a cornerstone for the Bank Secrecy Act (BSA), aiming to deter and detect money laundering, fraud, and other financial crimes. Through meticulous reporting and record-keeping requirements, the CTR not only ensures compliance with federal regulations but also aids in safeguarding the integrity of the financial system.

QuestionAnswer
Form Name FINCEN Form 104
Form Length 4 pages
Fillable? No
Fillable fields 0
Avg. time to fill out 1 min
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2. Just after the previous selection of blank fields is done, go to enter the relevant information in all these - d Other, e Issued by, f Number, Part II, Amount and Type of Transactions, Total cash in, a Foreign cash in, see instructions page, Total cash out, a Foreign cash out, see instructions page, Date of transaction, MM DD YYYY, Foreign Country, and Wire Transfers.

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3. This next portion is about Sign Here, Type or print preparers name, Type or print name of person to, Telephone number, MM DD YYYY, For Paperwork Reduction Act Notice, Cat No N, and FinCEN Form Rev - fill in these blank fields.

FinCEN Form  Rev, For Paperwork Reduction Act Notice, and MM DD YYYY inside moneygram form

4. Completing Part I Section APersons on Whose, First name, Middle initial, Doing business as DBA, Address number street and apt or, City, State, ZIP code, Country code if not US, SSN or EIN, Date of birth, MM DD YYYY Occupation profession, If an individual describe method, a Drivers licenseState ID b, and c Alien registration is paramount in this form section - make sure you don't hurry and take a close look at every empty field!

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