Currency and Monetary Instrument Report (CMIR) Now Available for Electronic Filing

Persons entering or exiting the United States, and physically transporting $10,000 or more in currency or other monetary instruments at one time must file the Currency and Monetary Instrument Report (CMIR) (FinCEN Form 105).  The obligation to report falls on each person who physically transports, mails, or ships the currency or other monetary instruments. The obligation to report also falls on each person who receives currency or other monetary instruments in the United States which have been transported, mailed, or shipped from any place outside the United States. Previously, the CMIR was only available for paper filing.

FinCEN and the Department of Homeland Security’s U.S. Customs and Border Protection have developed a version that can be filed electronically.  Travelers may still file a paper version of the CMIR.

The Electronic version of the CMIR is available at https://www.fincen.gov/resources/filing-information in the “CMIR 105” selection tab, or at https://fincen105.cbp.dhs.gov/#/.

Categories: Anti-Money Laundering Currency and Monetary Instrument Report (CMIR) FinCEN Updates

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