May 8, 2018: FinCEN reminds you it’s time to move to the 21st Century…

 

FinCEN Reminds CTR Filers of Batch Filing Deadline

 

FinCEN issued a notice today to remind financial institutions that Currency Transaction Reports (CTRs) will no longer be accepted in ACSII format effective June 1, 2018. Financial institutions that batch file must file using the new XML format.  If a financial institution is unable, then it must revert to the discrete option to file its reports until it is able to file using the new XML format. 

 

Link:

FinCEN Notice

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