Large cash transaction:
A transaction in which one party receives, pays, or otherwise transfers cash, bullion, other precious metals, or precious stones, or any other monetary instrument with a value equal to or exceeding Afs 1,000,000. A large cash transaction also includes the completion of two or more such transactions by or on behalf of the same person during any two consecutive business days when the total value of the transactions is equal to or exceeds Afs 500,000. Large Cash Transactions shall be reported no earlier than the first business day of the month and no later than the fifth business day of the month following the month during which the transaction occurred. If no reportable transactions occurred during this period, then a "NIL" report shall be prepared and submitted