Does the transaction or property reported in a Suspicious Transaction Report (STR) have to exceed a minimum amount (i.e. threshold amount)?

Question

Accepted Answer

There is no minimum transaction amount for reporting a Suspicious Transaction Report (STR). The emphasis is on suspiciousness of the transaction rather than quantum.

Does the transaction or property reported in a Suspicious Transaction Report (STR) have to exceed a minimum amount (i.e. threshold amount)?

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