Think of it this way -- as long as the corporation is legitimate (it's not a shell operated to launder money, for example), the deposit is made on behalf of the corporation, not its owner. The owner benefits from the operations of the corporation (at least that's the intent), but not directly from the currency transaction.
Key phrase in instructions: "person on whose behalf the transaction in currency is conducted." Notice that it does not say "person benefiting from the transaction" or "beneficiary of the transaction."
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John S. Burnett
BankersOnline.com
Fighting for Compliance since 1976
Bankers' Threads User #8