Is item 1c checked when the person conducting the transaction appears only one time during the day with more than one item; for example, cashes a check, withdraws cash, deposits cash?

Or, is item 1c checked only when someone conducts transactions multiple times in one day?

We always check 1c in both situations.

Item 1(c) is used to show that the CTR refers to more than one transaction. That would be the case, for example, if I brought in two reportable deposits at the same time or if the same account had several "visits" resulting in reportable deposits.

Think about checking 1(c) as a method for giving someone a hint.

For example, you filed a $12,000 CTR. You ask me to look up the underlying transaction(s) for you 18 months later. If 1(c) is not checked I'll go looking for a single $12,000 transaction. If 1(c) is checked I'm on notice that I'm looking for multiple transactions that total $12,000. It makes my research a lot less frustrating.

John,

Do you mean "two currency transactions" instead of "two reportable transactions"? (To me, reportable means over $10,000 in currency.)

Thanks

So, it would be possible for both 1c and Part I Section B item d to be checked off on a correctly completed CTR.

In that case, how would a backroom reviewer know if the CTR is correctly completed without a system report that shows the time of the transaction? Item d explains that items 15-25 are blank because multiple transactions occurred that day at different times (otherwise, the teller should have obtained the information for those items).

John's wording is correct. If a customer made two $12,000 deposits at the same time your CTR would be for $24,000, but there would be no $24,000 deposit.

Checking "multiple deposits" at the top of the form and in section B is possible in a variety of circumstances. Sometimes you check one, sometimes the other, sometimes both and sometimes neither.

There are a number of scenarios where a third party cannot verify the accuracy of the CTR. However, if there are multiple deposits and one or more of them is for less than $10,000 there is a distinct possibility that the teller was not on notice that it was necessary to obtain identification.

You might want to review some of these questions with the person who does the training on CTR completion in your bank.

If multiple transactions is checked in Section B, item 1c shold also be checked. But the reverse is not necessarily true.

The Section B "excuse boxes" are only checked to explain (1) that the information in Section B is incomplete or (in case of "own behalf") not required, and why it's incomplete or not required.

Section B doesn't have to be blank for one of the excuse boxes to be checked. For example, if there are multiple deposits, only one of which you can tie to a particular conductor, you supply that one conductor's information in Section B but check the excuse box for night deposit or multiple transactions, for example, to indicate you don't have info on all the individuals.