$10,000+
Threshold for physical currency transactions.
Reporting
Threshold Transaction Reports. Know the $10,000 Rule
TTR reporting requirements for cash transactions of $10,000 or more. Learn AUSTRAC's threshold transaction report obligations.
Key Information
TTR reporting explained
According to AUSTRAC, you must submit Threshold Transaction Reports (TTR) for transfers of physical currency of A$10,000 or more (or the foreign currency equivalent). TTRs are due within 10 business days after the date of the transaction.
The reports you submit help detect, deter and disrupt criminal and terrorist activities.
TTR requirements
10 Business Days
TTRs must be submitted within this timeframe.
Cash Only
Applies to physical currency, not electronic transfers.
Frequently asked questions
What is a Threshold Transaction Report?
A TTR is a report submitted to AUSTRAC for transfers of physical currency of A$10,000 or more (or foreign currency equivalent).
When must TTRs be submitted?
TTRs are due within 10 business days after the date of the transaction.
What triggers a TTR?
Any transfer of physical currency (cash) of A$10,000 or more. This includes deposits, withdrawals, and currency exchanges.
Related resources
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