In order to protect your bank and customers from money laundering and other illegal financial activity, iTeller™ also includes a Currency Transaction Reporting (CTR) feature. The CTR feature instantly alerts tellers when a customer has exceeded the daily transaction limit, ensuring your financial institution’s protection and compliance with the regulations of the Bank Secrecy Act (BSA), the Financial Crimes Enforcement Network (FinCEN), Anti-Money Laundering (AML) rules, and the Office of Foreign Assets Control (OFAC). These federal entities track potentially suspicious transactions to prevent financial crimes.