Currency Transaction Report (CTR) Compliance

 In efforts to offer the easiest to use and most complete check cashing software, Secure Checks has created new utilities in conjunction with California, Florida, Texas, Arizona, Pennsylvania, Georga, and others. The new utilities and reports make it easy to create and send the legally required reports.

SCCS has taken several measures to offer a complete turn-key solution to effectively service all of our customers in states with such legislation. We have added an XML (eXtensible Markup Language) output and paper output using the existing CTR104 form (Currency Transaction Report). This new utility has been designed to support multiple forms and will receive the necessary updates to integrate with the state’s new form. This update is now available for any of our current subscribing customers. Currently there are two methods in which the state will accept information. SCCS will support both on-line and off-line methods.

Details on various check cashing laws and regulations are available at http://www.msb.gov. If you have any further questions or concerns please contact our technical support staff at Secure Check Cashing Systems.