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#1709943 - 06/13/12 06:57 PM CTR?
Anonymous
Unregistered

Just verifying, if a customer comes in with $14,000 in cash and purchases a CD with it, do we file a CTR? If so, is it negotiable instrument or other?

Thanks

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#1709950 - 06/13/12 07:01 PM Re: CTR? Anonymous
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 83,365
Galveston, TX
Yes. It would be a deposit to the CD account number.
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#1709978 - 06/13/12 07:20 PM Re: CTR? Anonymous
John Burnett Offline
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John Burnett
Joined: Oct 2000
Posts: 40,086
Cape Cod
I'm with Randy on this. It is most definitely not a negotiable instrument purchase.
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John S. Burnett
BankersOnline.com
Fighting for Compliance since 1976
Bankers' Threads User #8

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#1710327 - 06/14/12 03:02 PM Re: CTR? Anonymous
Anonymous
Unregistered

Thank you

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