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#1588489 - 08/05/11 06:39 PM How to fill out CTR with more than one payee
Jerms Offline
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Joined: Jan 2008
Posts: 8
I had a customer come in and cash a check over $10,000.00. The payee's are husband and wife. They both signed the check, however only the husband was in the bank receiving the cash. Do I have to put the wife (who is equally benefitting from the cash) on the CTR and if so than how?

Thanks

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#1588514 - 08/05/11 07:09 PM Re: How to fill out CTR with more than one payee Jerms
BrendaC Offline
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BrendaC
Joined: Sep 2001
Posts: 6,029
Sweet Home AL
Put husband on front and wife on back in Section since the transaction was behalf of both of them; check the box "conducted on own behalf" in Section B.

Sorry - they go in Section A.
Last edited by BrendaC; 08/05/11 08:26 PM. Reason: obviously can't type on Fri afternoon
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#1588526 - 08/05/11 07:23 PM Re: How to fill out CTR with more than one payee Jerms
nemsi Offline
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Joined: Nov 2005
Posts: 383
I would report both. Check multiple persons. Identify the husband in the first Section A (conducted on own behalf in Section B). Complete a second section A with the wife's info. y

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