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#1642282 - 12/22/11 03:31 PM CTR Required?
complofcr Offline
100 Club
Joined: Apr 2010
Posts: 183
SE USA
Yesterday, we had a business owner bring in a deposit containing $8,119.00 in cash. The same person came in later in the day with $6,200.00 in cash to purchase a cashier's check with her personally as the remitter? I'm thinking we file a CTR since the same person conducted both transactions, but the benefactors were not the same. I'm confused!

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#1642289 - 12/22/11 03:51 PM Re: CTR Required? complofcr
Bobw Offline
Gold Star
Bobw
Joined: Nov 2006
Posts: 336
New England
Yes file, it is cash coming in totalling more that $10K
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just my opinion, based on my 30+ years

GO RED SOX!!!

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#1642307 - 12/22/11 03:55 PM Re: CTR Required? complofcr
John Burnett Offline
10K Club
John Burnett
Joined: Oct 2000
Posts: 40,086
Cape Cod
And they have been 30 good years, Bob. I agree: Same individual conducted both cash-in transactions. Therefore you have to file.
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John S. Burnett
BankersOnline.com
Fighting for Compliance since 1976
Bankers' Threads User #8

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