Skip to content
BOL Conferences
Thread Options
#1250599 - 09/15/09 09:45 PM Help with a CTR
Tesla Offline
Power Poster
Joined: Nov 2003
Posts: 3,726
Just looking for someone to confirm I am doing this right (or wrong!)

Customer deposits $25,000 in cash into a business checking account. (1 CTR with Part 1 Section A the business and Section B the customer.)

Customer turns around and withdraws $23,000 in cash (Another CTR - Customer in Section A and Section B "Conducted on Own Behalf" checked." OR do you do it all in one CTR showing both in and out?

Thanks!
_________________________
It's not that I take life for granted. It's only that the good won't make it. Innocence dies, while Villany Thrives.

Return to Top
BSA/AML/CIP/OFAC Forum
#1250622 - 09/15/09 10:31 PM Re: Help with a CTR Tesla
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,364
Galveston, TX
I would do one CTR. Business and Customer in Section A.

Conducted on own behalf checked in Section B.
_________________________
The opinions expressed here should not be construed to be those of my employer: PPDocs.com

Return to Top

Moderator:  Andy_Z