monetary transaction
Defined in 2 places across 2 titles of the United States Code.
Definition of Monetary Transaction.—In this section, the term the term "monetary transaction"—
(1) means the deposit, withdrawal, transfer, or exchange, in or affecting interstate or foreign commerce, of funds or a monetary instrument (as defined in section 1956(c)(5) of title 18) by, through, or to a financial institution (as defined in section 1956(c)(6) of title 18);
(2) includes any transaction that would be a financial transaction under section 1956(c)(4)(B) of title 18; and
(3) does not include any transaction necessary to preserve the right to representation of a person as guaranteed by the Sixth Amendment to the Constitution of the United States.
Source
- 2020–202631 U.S.C. § 5335Money and Finance · Prohibition on concealment of the source of assets in monetary transactions · in this section
In this section, the term the term “monetary transaction”—
(1) means the deposit, withdrawal, transfer, or exchange, in or affecting interstate or foreign commerce, of funds or a monetary instrument (as defined in section 1956(c)(5) of title 18) by, through, or to a financial institution (as defined in section 1956(c)(6) of title 18);
(2) includes any transaction that would be a financial transaction under section 1956(c)(4)(B) of title 18; and
(3) does not include any transaction necessary to preserve the right to representation of a person as guaranteed by the Sixth Amendment to the Constitution of the United States.
Source
- 2026–present31 U.S.C. § 5335Money and Finance · Prohibition on concealment of the source of assets in monetary transactions · in this section
the term “monetary transaction” means the deposit, withdrawal, transfer, or exchange, in or affecting interstate or foreign commerce, of funds or a monetary instrument (as defined in section 1956(c)(5) of this title) by, through, or to a financial institution (as defined in section 1956 of this title), including any transaction that would be a financial transaction under section 1956(c)(4)(B) of this title, but such term does not include any transaction necessary to preserve a person’s right to representation as guaranteed by the sixth amendment to the Constitution;
Source
- 1994–present18 U.S.C. § 1957Crimes and Criminal Procedure · Engaging in monetary transactions in property derived from specified unlawful activity · as used in this section