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#2013308 - 05/11/15 06:31 PM CTR Filing Question
Nicole Myers Offline
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Joined: Aug 2014
Posts: 2
Our bank's Business Banker went to a business customer and picked up a deposit. The cash involved was over $10,000.00 which requires a CTR filing. My question is: do I list the bank employee, Business Banker, on the CTR as the person who conducted the transaction?

I appreciate any help and feedback! Thank you!

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#2013329 - 05/11/15 07:07 PM Re: CTR Filing Question Nicole Myers
Doug Hendrickson Offline
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Doug Hendrickson
Joined: Oct 2009
Posts: 3,927
This post will help, and please note the comments from the Gurus:

http://www.bankersonline.com/forum/ubbthreads.php?ubb=showflat&Number=1803229
Last edited by Doug Hendrickson; 05/11/15 07:07 PM.
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I hear and I forget. I see and I remember. I do and I understand.--Confucius

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#2013332 - 05/11/15 07:15 PM Re: CTR Filing Question Nicole Myers
Nicole Myers Offline
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Joined: Aug 2014
Posts: 2
Thank you very much!

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#2013361 - 05/11/15 08:58 PM Re: CTR Filing Question Nicole Myers
Princess Romeo Offline

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Princess Romeo
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Where the heart is
It's always amazing to hear when banks allow this type of situation. "Good ol' customer service" pales in comparison to the potential liability if the employee a) gets in an accident and the money disappears, b) gets robbed and possibly seriously injured or killed in the process, or c) decides to have fun with all of that cash.

I believe that state non-member banks are prohibited from doing this per FDIC rules and regulations on branching. Yeah, I know that mobile deposits effectively extend the branch to the customer, but that's not FDIC's issue.
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