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Unknown Depositor - CTR Filing
Answer by John Burnett, BOL Gurus
Guru Bios
Question: Two cash deposits totaling $15,000 showed up on our daily report, which is how we knew we would need to file a CTR. However, it is a man's account and a woman actually brought the money in both times. We don't know who she is and didn't get any information since it was done in multiple transactions. How do we complete the CTR form? Can we just put the customer's information on it since that's all we have?
Answer: FinCEN would like you to make a reasonable attempt to identify the individual who conducted those transactions. That could mean a telephone call to your depositor. If you can't get complete information, complete Section B with what you can obtain, and check "multiple transactions" in that section to indicate why the information is incomplete.
If you are unable to obtain any information on the mystery woman, check the "multiple transactions" box in Section B, leaving the rest of the section blank. Of course, you'll complete Section A on your customer.
First published on BankersOnline.com 3/24/08
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