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F E D E R A L
O F

RESERVE
N E W

B A N K

Y O R K

Fiscal Agent of the United States
r Circular No. 2 9 5 8 "I
L
June 11, 1945
J

C H A N G E IN REPORTING CURRENCY TRANSACTIONS
O N F O R M TCR-1

To Financial Institutions in the
Second Federal Reserve District:

With our Circular No. 2951, dated May 31, 1945, we sent you a
supply of " F o r m TCR-1:

Report of Currency Transactions".

Part

C-2 of the report as printed provides for a full statement of the reasons
why, in the judgment of the financial institution reporting, the transactions exceed those commensurate with the legitimate and customary
conduct of the business, industry, or profession of the person or organization concerned.
The Treasury Department has requested us to advise you that it has
waived the requirement of Part C-2. Accordingly, notwithstanding the
provisions of the instructions and of the form, there will be no obligation
on the part of financial institutions to furnish a statement of reasons
called for under Part C-2 of Form TCR-1.




AT,I,AN SPBOUL,

President.


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102