Question 1
A Cash Transaction Report (CTR) must be submitted to FIU-IND for aggregate cash deposits/withdrawals exceeding what amount in a month?
View Explanation
Banks must report all cash transactions of the value of more than ?10 Lakh or its equivalent in foreign currency (integrally connected series of transactions in a month) to FIU-IND by the 15th of the succeeding month.
Question 2
The Cash Transaction Report (CTR) for a month must be submitted to FIU-IND by the:
View Explanation
Banks must file the CTR for transactions occurring in a calendar month by the 15th day of the following month.
