FINTRAC Reporting Requirements: STR, LCTR, CDR, EFTR and LVCTR
Canadian reporting entities file five kinds of transaction report with FINTRAC. Each has its own trigger, threshold and deadline, and each missed or late report is a separate violation. Here is what every report requires, with a full filing guide for each.
Penalties Since March 26, 2026
Since Bill C-12 came into force on March 26, 2026, FINTRAC can impose up to $20,000,000 on an entity for each missed suspicious transaction report and up to $40,000 for each missed or late threshold report (LCTR, CDR, EFTR or LVCTR), with each transaction counted as a separate violation.
STR
Suspicious Transaction Report
Filed as soon as practicable when a transaction is suspected of being related to money laundering or terrorist financing. There is no fixed deadline, but unjustified delay is itself a violation. Any amount triggers reporting.
Filing Deadline
As soon as practicable
Non-Compliance Risk
Up to $20M per violation (very serious)
LCTR
Large Cash Transaction Report
Mandatory for every cash receipt of $10,000 CAD or more, including 24-hour aggregation across multiple transactions from the same client. One of the highest-volume FINTRAC filings for MSBs.
Filing Deadline
15 days from the date of cash receipt
Non-Compliance Risk
Up to $40,000 per missed or late report
CDR
Casino Disbursement Report
Required when a casino disburses $10,000 or more to a client: chip and slot-ticket redemptions, winnings, front-money withdrawals, credit advances, cheque cashing or expense reimbursements. Disbursements to the same client within 24 hours are aggregated.
Filing Deadline
15 days from the date of disbursement
Non-Compliance Risk
Up to $40,000 per missed or late report
EFTR
Electronic Funds Transfer Report
Filed for international electronic fund transfers of $10,000 or more sent or received on behalf of clients. Covers wire transfers and other international payment mechanisms crossing Canadian borders.
Filing Deadline
5 working days after an outgoing transfer is sent, or after final receipt of an incoming one
Non-Compliance Risk
Up to $40,000 per missed or late report
LVCTR
Large Virtual Currency Transaction Report
Filed when virtual currency received from or on behalf of a client within a consecutive 24-hour window totals $10,000 CAD equivalent or more. Volatile exchange rates and multi-wallet receipts make aggregation hard to track manually.
Filing Deadline
5 working days after receipt
Non-Compliance Risk
Up to $40,000 per missed or late report
Primary sources
- PCMLTFA s. 73.1: Maximum administrative monetary penalties
- AMP Regulations s. 5: Penalty ranges by classification
- AMP Regulations Schedule: Classification of each violation
- PCMLTFA s. 75: Offence: failure to report suspicious transactions
- PCMLTFA s. 77: Offence: failure to report prescribed transactions
- FINTRAC: Administrative monetary penalties policy
- FINTRAC: AMPs: Changes following legislative amendments (March 26, 2026)
Statutory references checked against the Justice Laws consolidation current to September 21, 2026. This guide is general information, not legal advice.
Filing These Reports With Quantoflow
Quantoflow Report builds, validates and submits all five report types, tracks each one against its deadline, and keeps a timestamped receipt for every filing.