Completing CTR and SAR Reports: A Line-by-Line Review Webinar
A line-by-line look at the CTR and SAR forms and your requirements to file. Timelines, identification, RSSDs, and exemptions will all be covered.
Webinar Description and Audience
Part One provides a through review of the Currency Transaction Report (CTR) process. We’ll cover completing the form and proceed all the way to maintaining exemptions. Learn more about whom you can exempt and whom you cannot exempt. Learn how to complete CTRs with armored cards, aggregation of currency and many special issues on the CTR itself. Includes ten Hot Spots for CTR completion, as well as tips for avoiding examination issues.
Part Two provides a comprehensive review of the Suspicious Activity Report (SAR) process. How to complete narratives, common errors, and how to share with law enforcement.
These two sections are a line-by-line look at the forms and your requirements to file. Time lines, identification, RSSDs, and exemptions will all be covered. What You Will Learn:
Part I CTRs
- How to aggregate currency transactions
- Filing and record retention
- CTR back filing
- Phase I exemptions
- Phase II exemptions
- Nonlisted businesses
- Ineligible businesses
- What is a motor vehicle?
- Armored car rules
- Mergers, revoking exemptions, maintaining a current exempt list
- Line-by-line review of the CTR and how to complete it
Part II SARs
- From Red Flag to SAR – time lines and continuing SARS
- How to complete the narrative – 24 points to cover
- How to file joint SARs
- How to cover the crimes
- Who you can share with – law enforcement
- Reporting to the Board
Who Should Attend?
Tellers, BSA Officers, Compliance Officers, Training and Branch Operations.
Continuing Education (CE) Credits
This webinar is recommended for 2.5 CE Credit Hours. Each attendee will receive a Certificate of Attendance for self-reporting of CE Credits.
Webinar Viewing Options
INCLUDES 7 DAYS OF ONDEMAND PLAYBACK! With this option, you will participate in the webinar (via the internet) as it is being presented. You will login to the webinar on your PC to view the PowerPoint presentation, and you have the option of using your PC speakers or a telephone for the audio. You can type and send your questions to the instructor. Many companies are now running their PC through an LCD projector allowing many employees to participate at the same time. And don’t worry if you miss the webinar, you can still view it for up to seven days after it takes place!
SIX MONTH ONDEMAND VIDEO:
With this option, you will receive an e-mail that contains a link to the PowerPoint slides (to download, print, and copy) as well as a link to the media player where you will view and hear the entire webinar just as it was delivered, featuring the full-color PowerPoint presentation with audio. You can pause, fast-forward and rewind as needed, which makes it an effective training tool. The weblink will be available to you (and anyone else in the company) for up to six months and can be accessed 24/7 as many times as you wish. Delivered via e-mail the day after the webinar takes place.
If you do not have internet access or want to make the webinar part of your training library, the CD-ROM Recording is a great option for viewing a webinar. You can pause, fast-forward and rewind as needed, which makes it an effective training tool. With this option, you will receive a download of the PowerPoint slides and a CD-ROM Recording (featuring PowerPoint presentation with audio) of the webinar via regular mail. Mailed 7 to 10 days after the webinar takes place.
Webinars can be scheduled and offered exclusively for your company. They can even be customized to best fit your needs. To find out more, please complete the in-house request form found in the Schedule and Registration Information section below.