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#2019545 - 06/10/15 04:22 PM CTR Business/Individual
bcompliance Offline
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Joined: Sep 2014
Posts: 1,294
Father and Son own an LLC together. The father comes in and deposits $9,000 cash into the LLC account. Later on in the day, the son comes in and deposits $2,000 cash into his joint account with his wife. Is a CTR required?
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#2019554 - 06/10/15 04:42 PM Re: CTR Business/Individual bcompliance
devsfan Offline
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Joined: Jun 2004
Posts: 1,927
NYC
No. The beneficiaries of the deposits are different (LLC and 2 individuals), as are the conductors of the deposits. You might want to ensure that they do not then transfer funds from 1 account to the other, however.

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#2019556 - 06/10/15 04:44 PM Re: CTR Business/Individual bcompliance
bcompliance Offline
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Joined: Sep 2014
Posts: 1,294
That's the way I was leaning, but I wanted to have someone else talk me into it. Thanks
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