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Currency transaction report. A currency transaction report (CTR) is a report that U.S. financial institutions are required to file with FinCEN for each deposit, withdrawal, exchange of currency, or other payment or transfer, by, through, or to the financial institution which involves a transaction in currency of more than $10,000.
Any deposit over $10,000 will cause the bank to file a Currency Transaction Report with the Treasury Department. If you engage in suspicious activity -- for example, making many deposits of slightly less than $10,000, the bank will file a Suspicious Activity Report.