Is a social security number required on a CTR for the person conducting the transaction. For example if the person refuses to provide SSN, to cash an $11,000 check, do you refuse to cash?
We have a corporate customer with three accounts. One of the accounts includes a "DBA" business name that the corporation also uses, but all the accounts show the same location and EIN. When we file CTRs on the two accounts that don't include the DBA business name, should we be including the DBA on the CTR?
Is the Currency Transaction Report 104 a part of the Anti Money Laundering documents that needs to be signed by an Attorney?
Is a beneficiary on an account also the beneficiary on a CTR? For example: checking account is a sole-ownder account in the name of Mary Smith, her son John is listed on the account as beneficiary. Mary makes a $15,000 cash deposit. On the CTR is John also to be listed as beneficiary? I know that all joint owners are, but can't find anything that pertains to this, because if Mary were to pass away the funds become John's (So he could ultimately benefit from the funds).
Wife made a deposit into account #1 of $8,700 in cash. Wife and Mother made a deposit into account #2 of $500 in cash. Husband made a deposit into account #3 of $950 in cash. Wife did NOT hand more than $10,000 in cash to the bank. However, since she is on all 3 accounts, she has benefit of more than $10,000 in cash that was deposited. Is a CTR needed?
Is there any law or regulation that specifically prohibits filing a CTR on a cash transaction less than $10,000?
The deadline to file a CTR is 15 calendar days. What if the 15th day falls on a Saturday, Sunday, or holiday? Does the deadline extend to the next business day?
Please explain aggregated transactions. I have a business and with three cash deposits all under the reporting limit. One transaction is done by a person and the other two are night deposits. Would I have to mark off aggregated on the CTR?
A US Treasury check made payable to a father for his son (Roy Boy for Ray Boy) was cashed over $10,000. Do I list the son as benefiting from the funds or do I only list the father as the conductor and who benefited?
For CTR purpose- when completing a CTR for an individual who is cashing out one of our own cashier's checks, should we indicate our cashier's check account number on the account affected even though it is an internal account?