When completing a Currency Transaction Report (CTR), FinCEN wants the most complete and accurate information you can provide. If you’ve ever completed a CTR, you know that there is a lot of information that’s requested on that form. The CTR Instructions talk about “critical” and “non-critical” fields. Critical fields are required to be completed, and non-critical fields are not. Keep in mind; however, just because non-critical fields aren’t required, that doesn’t mean they are voluntary, and you can just skip them either. If you have the information, you need to report it.
Kevin explains more in the video.
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Published
2022/06/10