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#1472408 - 11/24/10 05:07 PM CTR - Deposit/WD or NI Cashed
jross Offline
100 Club
Joined: Dec 2009
Posts: 184
We need to file a CTR on a customer based on the following transaction:

The customer presented an on us check for $50,000.
The customer wanted $20,000 in cash withheld to take with him.
We made a deposit slip showing the 50,000 less the 20,000.

How do we report this?

I think we should show it as a NI cashed and show the acct number of the on us check in item 35.
My employer doesn't agree with anything I say.

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#1472421 - 11/24/10 05:19 PM Re: CTR - Deposit/WD or NI Cashed jross
J2C Offline
Diamond Poster
Joined: May 2004
Posts: 1,475
Big Brother knows and that's a...
He took $20,000? That is what you file on. The rest I agree with.
My opinion is mine only- not my employer's!

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