Wayne Pennington. Large Currency Transactions. Federal law requires financial institutions to report currency (cash or coin) transactions over $10,000 conducted by, or on behalf of, one person, as well as multiple currency transactions that aggregate to be over $10,000 in a single day.These transactions are reported on Currency Transaction Reports (CTRs).tructuring transactions to prevent a CTR from being reported can result in imprisonment for not more than five years and/or a fine up to $250,000. If structuring involves more than $100,000 in a twelve month period or is performed while violating another law of the United States, the penalty is doubled.
Cleveland Tourism: Best of Cleveland. Cleveland, Ohio. Whether rocking out to music legends inside the Rock and Roll Hall of Fame or viewing Monets and Picassos at the Cleveland Museum of Art, Cleveland is a city that mixes equal parts grit and sophistication.
Cleveland, Ohio Overview. Cleveland, Ohio sits on the Lake Erie shore, and has had a booming manufacturing industry throughout its bicentennial history. More recently, Cleveland has seen major growth in the healthcare, biomedical and finance industries. The metropolitan area has a total of 2,055,500 residents.