Series 27: Currency Transaction Report (CTR)

Taken from our Series 27 - Financial and Operations Principal Qualification Examination

Definition of the term Currency Transaction Report (CTR)...

a report submitted to the IRS by a financial institution that receives cash transactions exceeding $10,000 from any single customer in a single day, whether conducted in one transaction or several smaller ones.

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Last August 2020 I passed the Series 28 on the first try using your materials. I just wanted to drop in and let you know I passed the Series 27 exam today!! I am so happy today as I took the test in Jan of this year and missed it by 3 points. I switched up my focus and really zoned in the most heavily weighted chapters. This is by far the hardest exam I have taken. Thank you Solomon for your excellent study materials. I'll be back when I pass the next one ;)

Nikita Brown, BMI. Atlanta, GA

I passed my 27 and I can't thank you enough for the preparation materials, most importantly the Final Exams. I studied for weeks for this test and buckled down the last two weeks of 6 hour study days. It's a great feeling and I couldn't have done it without you!!!

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Carter Spearry, Merrill Lynch. Rocky River, OH