Frontline Alert: Navigating Currency Transaction Reporting with Confidence


Virtual Learning  
Tuesday, February 11, 2025 9:00 AM - 12:00 PM   iCalendar Central Standard Time

Some aspects of currency transaction reports (CTRs) are straightforward, while others can be complex depending on the situation. This program is designed to guide you through various scenarios, demonstrate best practices, help you navigate common pitfalls, and offer a range of practical tools. Don’t let the complexities overwhelm you—this detailed training session is the solution for mastering CTR reporting. A training and resource manual packed with “real world” examples, templates, and handouts will be provided for all attendees to implement back at their banks.

 

  • Understanding the requirements for each field on the Currency Transaction Report (CTR)
  • Accurately completing CTRs for sole proprietorships, legal entities, and other types of account ownership
  • Recognizing the importance of including all available information from your institution’s records
  • Determining when to select options, such as Shared Branching, Multiple Transactions, or Aggregate Transactions
  • Avoiding common errors in CTR reporting
  • Utilizing the provided checklist to ensure the accuracy of your CTRs

Audience
This informative session is tailored for frontline staff, new account representatives, branch managers, BSA officers, BSA staff, compliance officers, and anyone involved in completing or reviewing Currency Transaction Reports (CTRs).

 

Facilitator
Kristin Harville is a Senior Consultant with Performance Solutions, Inc. (PSI), a training and consulting company, that has been a part of the banking community for 40+ years and specializes in providing “real world’ solutions in meeting the ever-changing banking and regulatory environment. With her extensive background as a banker, an examiner, and a consultant, she brings a wealth of “real world” knowledge and “how to” to the PSI compliance deliverables. Her most recent experience included leading a $2.7B banking compliance team focused on BSA, Compliance Management Systems, Internal Audit, Technology Implementation, and Enterprise Risk Management. Her certifications include a Juris master’s degree in law (Major in Financial Regulation), Certified Regulatory Vendor Program Manager, Certified AML and Fraud Professional (CAFP), Certified Regulatory Compliance Manager (CRCM), Certified Bank Secrecy Act Professional, and Banking Certificate – Barret School of Banking.

 

Fee Per Person
IBA Member $265
Nonmember $445

Virtual Learning