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#1823325 - 06/13/13 04:54 PM Less Cash Deposit and CTR #27
BSAKeeper Offline
Junior Member
Joined: Aug 2007
Posts: 44
TN
Having a senior moment....would a CTR completed on a less cash transaction be listed as a withdrawal or negotiable instrument cashed (#27 a or d)? Thanks

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BSA/AML/CIP/OFAC Forum
#1823341 - 06/13/13 05:20 PM Re: Less Cash Deposit and CTR #27 BSAKeeper
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 84,334
Galveston, TX
negotiable instrument cashed

The money never made it to the account.
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#1845635 - 08/23/13 09:03 PM Re: Less Cash Deposit and CTR #27 BSAKeeper
SSBbsaofficer Offline
New Poster
Joined: Jun 2012
Posts: 15
We have the same scenerio...would you include the customer's account number even if the check was a not on us check?

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#1845642 - 08/23/13 09:16 PM Re: Less Cash Deposit and CTR #27 BSAKeeper
BrianC Offline
Power Poster
BrianC
Joined: Nov 2004
Posts: 6,840
Illinois
FinCen is only interested if the account number if the check is drawn on your bank.
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#1851934 - 09/13/13 04:11 PM Re: Less Cash Deposit and CTR #27 BSAKeeper
Jen S Offline
New Poster
Joined: Dec 2011
Posts: 19
Minnesota
Just wanting to clarify this scenario. Are you saying if the customer comes in with a check and deposits some of it into their account but takes more that $10,000 cash back you are checking negotiable instrument cashed on #27? This is my scenario and I am wanting to make sure that I am completing it correctly. Thanks.

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#1851955 - 09/13/13 04:37 PM Re: Less Cash Deposit and CTR #27 Jen S
Elwood P. Dowd Offline
10K Club
Elwood P. Dowd
Joined: Aug 2001
Posts: 21,939
Next to Harvey
The money never made it to the account; your bank cashed the check, at least in part.
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