Basic Deputy United States Marshal Integrated (BDUSMI) 2503 Exam 2 Practice

A Currency Transaction Report is triggered by large cash activity. When a financial institution handles a cash transaction that exceeds ten thousand dollars in a single day (24 hours), it must file a CTR. This captures substantial cash movements to help detect money laundering. The filing goes to FinCEN, and the form must be submitted within 15 days of the transaction date. Large cash transactions are the focus, not checks or other noncash instruments, which is why other choices don’t fit as the triggering condition.