Bank A has a customer in need of $150,000.00 in cash. Bank A contact it correspondent for the cash (Bank B).
Bank B, not having significant cash on-hand contacts it correspondent (Bank C).
Customer sends an Armored Car to Bank C to pick up the cash and it is delivered to the customer.
Who files the CTR? My understanding would be Bank C, since they turned the cash over to the agent of the customer.
AM I correct?
Just my opinion for what it is worth