Currency Transaction Reports non citizen

We all know about giving ID and SS# for CTR's - but my friend, a non-gambler, asked what happens when a non-US citizen is playing and cashes in over $10k? What is the procedure for them as they will not have a social security #?

i would suggest that they
never color up above black,
never cash in all of their own chips.
but otherwise i think they need to fill out an application for a tax ID number

I would suggest that when they cash out, they ask for a check.

I mean when they cash in at the table

You shouldn't have any issues playing table games.

Here is what I am asking:


NON-US citizen sits down at a blackjack table/craps table/roulette table
BUYS IN for $11k
CTR is required for $10k or over and you need to present your ID and give your social security #
NON-US citizen will NOT have a SS#
What do they ask for?

Quote: aceofspades

What do they ask for?

I'd guess a passport.

I'm in no ways an expert. However, it's important to remember that a CTR is filled out with or without the individual's "permission". However, if the individual doesn't willing divulge information such as TIN, then the entity filling out the CTR also has to fill out an SAR (Suspicious Activity Report). I would suggest that if the non-citizen doesn't have the information required by the CTR, and while a SS# is needed, it isn't required, than the entity could just fill out an SAR to go along with it.

Here is the link to the actual form that casinos have to fill out, along with instructions.

Quote:

Acceptable forms of identification include a driver’s
license, military or military dependent identification card,
passport, alien registration card, state issued identification
card, cedular card (foreign), or a combination of other
unexpired documents that contain an individual’s name
and address and preferably a photograph and are
normally acceptable by financial institutions as a means
of identification when cashing checks for persons other
than established customers.

Quote:

Social Security
Number, Item 8, must be completed unless: Country
Code, Item 12, is recorded (as long as it is not the
U.S.), Passport Number, Item 15b, issued by, and
number are recorded, or Nonresident Alien
Registration Number, Item 15c, issued by, and
number, are recorded.

In my previous post, I was thinking of the standard CTR, but it turns out casinos are required to utilize a separate CTR.
Here is a link to the SAR for casinos, for completeness.

Quote: konceptum

Here is the link to the actual form that casinos have to fill out, along with instructions.

Outstanding links. They appear to be unclear, however, on transactions like direct transfers between, say, chips and wire movements.

While I have no experience with casinos and their rules to follow, my experience with the banking industry has revealed to me that banks may fill out CTRs and SARs when they want to. It's true that they are REQUIRED to fill out a CTR in regards to cash transactions that total $10,000 or more per day. However, they are perfectly within their right to fill out a CTR for $1, if they wanted. Obviously, they are going to want to do this, as the paperwork is such a hassle, and why bother with it? But, as the bankers have explained to me, they might fill out an SAR if an individual came in with, say, 1000 checks for $10 each. There might not be anything wrong, but it sure does look suspicious. Basically, it's a judgement call on the part of the banker.

I would assume that the casinos work in the same way. However, since the governmental oversight is probably not the same as it is for banks, the casinos are going to want to try and limit the CTRs and SARs they fill out, if in any way possible. True, a particularly anal accountant/manager may come to work for the casino, and want to start filling out forms for all kinds of strange looking activity. But I suspect that person would either change their point of view or move to a different career.

My point being that I would suspect that a casino would only fill out a CTR in those situations in which it is required to do so by law, and nothing more.

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