Filing Suspicious Transaction and Large Cash Transaction Reports correctly and on time.
Intended audience
Who this course is assigned to. Currently: AML team & internal audit
Lessons4
When a report is required
Rich text · 6 min read
Interactive: file an STR
SCORM / xAPI · SCORM 1.2 · ~12 min
FINTRAC F2R walkthrough
PDF · PDF · 18 pages
Assessment
Quiz · 8 questions · pass 80%
Rich text lesson
When a report is required
6 min read
Suspicion is not about a single dollar figure. A transaction is suspicious when something about it — the pattern, the behaviour, or the story behind it — doesn’t line up with what you’d expect for that customer.
Your job on the frontline is to notice the mismatch and pass it on. You are not deciding guilt; you are flagging what looks off so the compliance team can review it.
Inline image
Reasonable grounds to suspect
Key points
Look at behaviour and pattern, not just the amount
Compare activity to what you know about the customer