2.95 REPORTS ON EXPORTING AND IMPORTING MONETARY INSTRUMENTS / 31 U.S.C. Sec. 5316(a)(1)

• Category: Federal - Jury Instructions - 10th Circuit - Criminal
• State: Multi-State
• Control #: US-JURY-10THCIR-2-95
• Format: Word

Description

https://www.ca10.uscourts.gov/sites/default/files/clerk/Jury%20Instructions%20Update%202018.pdf 2.95 Reports on Exporting and Importing Monetary Instruments / 31 U.S.C. Sec. 5316(a)(1) refer to the requirement for a financial institution to file a report with the US Treasury Department when it exports or imports certain monetary instruments. These instruments include cash, travelers' checks, checks, money orders, and other similar instruments. Reports must be filed on Form 8300 within 15 days of the transaction. Different types of reports include: • Cash Transaction ReportsCarsRs): Financial institutions must file Cars for transactions where more than $10,000 in currency or coins is received in a single transaction or two or more related transactions. • Suspicious Activity ReportsSARSRs): Financial institutions must file SARS when there is suspicion of money laundering or other criminal activity. Fin CENEN Report 114 (FBAR): Financial institutions with foreign accounts must file Bars to report any accounts with a total value over $10,000. • Treasury Report of International Transportation of Currency or Monetary Instruments (MIR): Financial institutions must file Emirs when they transport currency or monetary instruments out of the United States.

2.95 Reports on Exporting and Importing Monetary Instruments / 31 U.S.C. Sec. 5316(a)(1) refer to the requirement for a financial institution to file a report with the US Treasury Department when it exports or imports certain monetary instruments. These instruments include cash, travelers' checks, checks, money orders, and other similar instruments. Reports must be filed on Form 8300 within 15 days of the transaction. Different types of reports include: • Cash Transaction ReportsCarsRs): Financial institutions must file Cars for transactions where more than $10,000 in currency or coins is received in a single transaction or two or more related transactions. • Suspicious Activity ReportsSARSRs): Financial institutions must file SARS when there is suspicion of money laundering or other criminal activity. Fin CENEN Report 114 (FBAR): Financial institutions with foreign accounts must file Bars to report any accounts with a total value over $10,000. • Treasury Report of International Transportation of Currency or Monetary Instruments (MIR): Financial institutions must file Emirs when they transport currency or monetary instruments out of the United States.