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#1555249 - 05/23/11 02:06 PM CTR - Aggregation and Business Days
NeBanker Offline
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Joined: Jun 2008
Posts: 408
If we have customer deposit $5500 on a Saturday(Mondays business) and then deposit $6000 first thing Monday we would file a CTR on them for the aggregated $11500 on Mondays business correct?

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#1555250 - 05/23/11 02:11 PM Re: CTR - Aggregation and Business Days NeBanker
BrendaC Offline
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BrendaC
Joined: Sep 2001
Posts: 6,029
Sweet Home AL
Absolutely, same business day with over $10k in cash deposits. I would also look at nature of deposits to determine whether they may have been structured to avoid a CTR.
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#1555257 - 05/23/11 02:17 PM Re: CTR - Aggregation and Business Days BrendaC
ACBbank Offline
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ACBbank
Joined: Jul 2006
Posts: 4,159
New York City
Those transactions need to be aggregated for CTR purposes. As Brenda said, I would also look into the account history to see if the customer is attempting to structure the deposits to avoid a CTR from being filed.
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#1555260 - 05/23/11 02:20 PM Re: CTR - Aggregation and Business Days ACBbank
NeBanker Offline
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Joined: Jun 2008
Posts: 408
Thanks for the conformation, and yea they are being structured. The customer actually told our teller thatís why she split the deposit.

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#1555269 - 05/23/11 02:35 PM Re: CTR - Aggregation and Business Days NeBanker
BSABecky Offline
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BSABecky
Joined: Mar 2011
Posts: 126
Seymour, IN USA
Originally Posted By: NeBanker
Thanks for the conformation, and yea they are being structured. The customer actually told our teller thatís why she split the deposit.


*headdesk*
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