This is a MAJOR hot button for regulators coming out of Miami.
The info was not maintained in our core system, it was a separate info base in the teller system. It served two valuable purposes: 1) streamline CTR automation where multiple transactors were involved; and 2) respond to regulatory encouragement to enhance our ability to aggregate cash transactions conducted by same person.
I have seen some banks that actually required tellers to go to the bank's intranet to complete spreadsheet when any person conducted a cash transaction of $1000 or more. I consider that burdensome. I do think it is reasonable, however, to automate a procedure for aggregation of, let's say, $3000 or more in cash if it can be done in a less intrusive way. It is often the same parties conducting these transactions and once their info is in the system, you can move through the process very efficiently.
_________________________
Life without Jesus is like an unsharpened pencil - it has no point.