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#1642566 - 12/22/11 08:27 PM CTR & COMED
Banker291 Offline
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Joined: Jun 2006
Posts: 59
Our bank currently accepts payments for Commonwealth Edison (Electric Co), a customer came into the bank and made a payment for a business that exceeded $10,000 in cash. I'm right in assuming the CTR should be on Commonwealth Edison since they benefitted from the transaction and not the business, correct? Any help would be appreciated, thanks.

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#1642594 - 12/22/11 08:50 PM Re: CTR & COMED Banker291
Big Dog Offline
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Big Dog
Joined: Mar 2005
Posts: 2,659
Kennel
correct. and the transactor would be the person who made the payment.
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