Completing CTRs: Part III Transaction Location
Currency Transaction Reports (CTRs) can be a challenge as there are specific ways certain sections and fields must be completed. Part III of the CTR is devoted to the Transaction Location and the information to be reported is, just is its name implies, about the locations where the reportable cash transactions occurred. If the transactions were conducted as multiple locations, then you will need to fill out multiple Part IIIs. Some of the information required to be reported includes: the type of financial institution, legal name of financial institution, address information, financial institution ID type and ID number (aka the RSSD number), cash in/out amount for the location, etc. It’s important to note that the information reported in this section is to be specific to that location and could differ from other information reported in other sections of the CTR.
Kevin explains more in the video.
Published 2025/06/13
Kevin Edwards
Kevin brings years of experience and a unique perspective on regulatory matters to our clients. A self-proclaimed geek and accredited CRCM, Kevin is also a recovering attorney with experience as in-house counsel for a large regional bank and one of the leading national title insurance providers. For reasons unknown, Kevin decided to leave the safety and serenity of his desk job to seek fortune and glory as a wandering adventurer. Like a bank compliance version of Kwai Chang Caine, The Man with No Name or Don Quixote, he now travels the land seeking to help those in need and righting compliance wrongs, wherever he may find them. Kevin lives in Sioux Falls with his two children, who are surprisingly normal after having endured their father’s vivid imagination for their entire lives. He won’t admit to having any hobbies, because apparently “Regulations never sleep.” (While he does say this in his Batman voice, we’re pretty sure he’s joking.) From the looks of his Facebook page, he likes the outdoors and spending time with his large extended family (who seem like relatively normal people).