Excess Money Transfers

February 26, 2018

Excess Money Transfers

Transactions (including charges) exceeding certain amounts are considered excess and require special handling.

Refer to the following table to identify excess transactions.

Country

Transfer Amount (in U.S. Dollars)

Special Handling Required

United States

more than $7,500.00

Yes

Canada

more than $7,500.00

Yes

Mexico

more than $5,000.00

Yes

All other countries

more than $7,500.00

Yes

The limitations on excess transactions also applies to multiple transactions from a single individual whose total exceeds the excess amount in one day.

To process an excess money transfer

Only cash or a valid cashier’s check can be used.

  1. The sender must make the cashier’s check payable to you, the Agent.
  2. Call the Customer Service Center to obtain authorization before sending or paying an excess money transfer.

Note: If you are sending an excess money transfer, contact the ACR section of the Customer Service Center. The ACR section must complete the U.S. Treasury Currency Transaction Report Form (104). The customer must be present during this call to provide the appropriate information.

  1. Once authorization from the CSC is received,  complete appropriate dialog box and submit the transaction.

Note: An excess money transfer may take longer to process than other types of money transfers.