Skip to content
BOL Conferences
Forums · Active Threads · Forum Rules · Mark All Read · Log In
BankersOnline.com Forums Banker Forums BSA/AML/CIP/OFAC Forum Completing a CTR
Thread Options
#1953366 - 08/15/14 01:11 PM Completing a CTR
CrashDavis Offline
Gold Star
Joined: Jun 2005
Posts: 283
We had a customer come to bank and brought $20,000 in 20's and exchanged them for $100's. My question when completing the CTR under Part II Number 25, do you put $20,000 in 25(e)in Cash In's and $20,000 under Cash Outs in 27(e).

Thanks

Return to Top
BSA/AML/CIP/OFAC Forum
#1953367 - 08/15/14 01:14 PM Re: Completing a CTR CrashDavis
Elwood P. Dowd Offline
10K Club
Elwood P. Dowd
Joined: Aug 2001
Posts: 21,939
Next to Harvey
You got it...

Caveat: Include any other cash transactions by that person on the same day.

P.S. Any reviewer is going to ask you "why" the customer needed to do that. Have an answer.
Last edited by Ken_Pegasus; 08/15/14 01:15 PM. Reason: Add P.S.
_________________________
In this world you must be oh so smart or oh so pleasant. Well, for years I was smart. I recommend pleasant.

Return to Top

Moderator:  Andy_Z