We are starting to transition to the New CTRs a little early so we can get a hold of them. With that being said I'm a little confused with Item 21 (Cash in amount for individual or entity & Account Number(s)).

If we have a customer come in on behalf of a business and deposit $20,000 ($10m into one account and $10m into another account), would we report that on Both the business side and the customer side, listing both account numbers (for they are both BUSINESS account numbers).

I guess it gets confusing because then it seems to look like it's doubling.

Bless you.

Yes, it looks like its "doubling." If someone makes reportable deposits to two accounts owned by two people each it will look like it is quadrulpling. It's an illusion. At no point are the amounts in 21 added together.

You will have 3 part I's--1 for each business arked "on behalf of" and 1 for the transactor marked on behalf of another.

The cash amounts would be broken out as such:

Business 1-list 10,000.00 account number 1
Business 2-list 10,000.00 account number 2
Transactor-list 20,000.00 account number 1 and account number 2, mark multiple

Then on part II you list 20,000.00 on the deposit line.

OK, Thanks guys! The customer in question in depositing money into 2 separate business accounts, but both under the same Business name. So would it be:

Business: 20,000.00 Account number 1 and account number 2, mark multiple?
Transactor: 20,000.00 Account number 1 and account number 2, mark multiple?

Oh boy. I think I may be getting this...

Yes. Sorry, I misread the original post regarding the one business.

Awesome, thanks!