This site uses cookies to improve your browsing experience, gather site analytics and activity, track shopping cart contents, and deliver relevant marketing information.
View our privacy policy and manage your settings here. By using our site you agree to these terms.

BSA/AML: Exempting Customers from CTR Reporting

E​​xplains both phases of the exemption process and the information that is needed and lists the business entities that are not eligible for exemption from CTR reporting. Discusses the reasons for possible decisions to revoke customer exemptions.

Updated: August 2017
Re-versioned: June 2016

What You'll Learn

After completing this course, students will be able to:

  • Describe why reporting exemptions advance BSA policy
  • Explain the division between exemption “Phases” and the conditions for obtaining exempt status
  • Identify changes in business behavior that can cause loss of exemption

Audience

Any bank employees who need an understanding of the exemption process.

​Course Credits

ABA Professional Certifications: 0.5 CCTS, CFSSP, CLBB, CRCM, CSOP, CTFA, CAFP​


​​

​Questions? Please contact training@aba.com for more information.

 

 Purchase

 

Free Frontline Compliance Training
Course available to ABA Member banks at no cost under a license agreement. Learn more

 

 Related Training