No cash exchanged hands so no CTR. Although you may be performing a "cash" advance on the credit card, this does not trigger reporting requirements. You should already have a process in place for monitoring gift card sales for suspicious activity.
From a fraud perspective, make sure you obtain a valid authorization on the card. Cash advance scams often try to trick tellers into obtaining a verbal authorization by contacting a phone number the customer supplies. Of course the phone number is to the accomplice in the parking lot which leads the teller to force through a transaction with no proper authorization and the Bank will lose a chargeback in that case.
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