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#1877670 - 12/11/13 03:39 PM CTR -negotiable item cashed and loan pmt made
morirse de risa Offline
100 Club
Joined: Feb 2009
Posts: 238
Midwest
I have a question on how to accurately complete Part II of the CTR. Customer brought in a 12,000 cashier's check. Customer makes a $500 loan payment, and then takes the rest as a cash out.
The only way I can figure out how to fill in Part II is to note a 12,000 cash out, 500 cash in, referencing loan number. However, this is not how the teller ran the transaction. The teller ran everything as one transaction: 12,000 cashed check, 500 loan payment, 11,500 cash out.
What is the correct way to complete Part II?

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#1877750 - 12/11/13 05:45 PM Re: CTR -negotiable item cashed and loan pmt made morirse de risa
morirse de risa Offline
100 Club
Joined: Feb 2009
Posts: 238
Midwest
I think I have my own answer - just don't even notate the loan payment on the CTR, since it wasn't done in cash. Would that be accurate?

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#1877813 - 12/11/13 07:16 PM Re: CTR -negotiable item cashed and loan pmt made morirse de risa
BrianC Offline
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BrianC
Joined: Nov 2004
Posts: 6,081
Illinois
Negitiable instrument cashed, $11,500 cash out.
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#1877844 - 12/11/13 07:55 PM Re: CTR -negotiable item cashed and loan pmt made morirse de risa
morirse de risa Offline
100 Club
Joined: Feb 2009
Posts: 238
Midwest
Thank-you!!

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