Due to the lapse in appropriations, Department of Justice websites will not be regularly updated. The Department’s essential law enforcement and national security functions will continue. Please refer to the Department of Justice’s contingency plan for more information.

2038. Exemptions

Section 5318 of Title 31 of the United States Code, 31 C.F.R. §  103.45, and 31 C.F.R. Part 103 "Appendix- Interpretations and Exemptions" provide for certain exemptions from compliance with the reporting requirements. All transactions between domestic financial institutions are exempt. Domestic financial institutions can also request exemptions from the CTR requirements for large-volume customers. Additional exemption authority was granted in 1996. The Department of the Treasury has the power to grant or deny exemptions, and it maintains a list of all bank customers who have been granted exemptions.

[cited in JM 9-79.200]

Updated September 19, 2018