I have a transaction where the customer brought in $10,060.00 to purchase a disbursement check in the amount of $9,999.00. The teller actually ran a cash in of $10,060.00 with the credit for the check and then a cash out of $61.00. The customer actually brought in the $10,060.00 but only used $9,999.00 in cash. My CTR report shows that a CTR is required due to the cash in of $10,060.00 but is it really required since only $9,999.00 in cash was used?
Thanks Big Dog! I thought a CTR should be filed but I wasn't sure since the check purchased was less than $10,000. I should have added that a suspicious activity investigation was at the top of my list when I saw this. I could not figure out what mix of denominations would make the customer bring in that amount and get cash back. After talking with the teller, the customer originally brought in $9,960 and went back to the car and got a $100 bill to get to the $9,999 thus resulting in the cash back.