Question

What information must be included in a Large Transaction Report (LTR) and/or Unusual Transaction Report (UTR)?

1) Transaction amount
2) Date and time of transaction
3) Parties involved in the transaction
4) Reason for the transaction
5) All of the above

Answer 1

The information that must be included in a LTR and/or UTR includes transaction amount, date and time of transaction, parties involved in the transaction, and reason for the transaction.

Step-by-step explanation:

The information that must be included in a Large Transaction Report (LTR) and/or Unusual Transaction Report (UTR) includes:

1. Transaction amount
2. Date and time of transaction
3. Parties involved in the transaction
4. Reason for the transaction

Therefore, the correct answer is option 5) All of the above. All of these details are important in identifying large or unusual transactions that may require further investigation to ensure compliance with financial regulations and detect potential money laundering or fraud.