Bank Secrecy ACT

10 Questions

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Bank Quizzes & Trivia

Questions and Answers
  • 1. 
    A member deposits $15,000 cash.
    • A. 

      CTR

    • B. 

      SAR

    • C. 

      $3,000 - $10,000 Monetary Log

    • D. 

      No Action

  • 2. 
    A member deposits a $15,000 cashier's check.
    • A. 

      CTR

    • B. 

      SAR

    • C. 

      $3,000 - $10,000 Monetary Log

    • D. 

      No Action

  • 3. 
    A member deposits a $7,000 check and $6,000 in cash.
    • A. 

      CTR

    • B. 

      SAR

    • C. 

      $3,000 - $10,000 Monetary Log

    • D. 

      No Action

  • 4. 
    A member pays off a car loan with $12,000 cash
    • A. 

      CTR

    • B. 

      SAR

    • C. 

      $3,000 - $10,000 Monetary Log

    • D. 

      No Action

  • 5. 
    A member deposits $4,000 cash Monday, $4,000 cash Tuesday, and $3000 cash on Thursday.
    • A. 

      CTR

    • B. 

      SAR

    • C. 

      $3,000 - $10,000 Monetary Log

    • D. 

      No Action

  • 6. 
    A member exchanged $11,000 in 20's for larger bills.
    • A. 

      CTR - $11,000 cash in

    • B. 

      CTR - $11,000 cash in and $11,000 cash out

    • C. 

      No Action

    • D. 

      SAR

  • 7. 
    A member deposits $6,000 cash into his wife's account, and $6,000 cash into his son's account.
    • A. 

      CTR

    • B. 

      SAR

    • C. 

      $3,000 - $10,000 Monetary Log

    • D. 

      No Action

  • 8. 
    A member withdraws $5,000 from his savings account to purchase traveler's checks.
    • A. 

      CTR

    • B. 

      SAR

    • C. 

      $3,000 - $10,000 Monetary Log

    • D. 

      No Action

  • 9. 
    A member deposits $8,000 cash into his account in the morning, then his wife withdaws $3,000 from the same account in the afternoon.
    • A. 

      CTR

    • B. 

      SAR

    • C. 

      $3,000 - $10,000 Monetary Log

    • D. 

      No Action

  • 10. 
    A member requests to withdraw $12,500 cash. The member is informed of the CTR, then she decides to withdraw only $9,500.
    • A. 

      CTR

    • B. 

      SAR

    • C. 

      $3,000 - $10,000 Monetary Log

    • D. 

      No Action