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#2120402 - 03/03/17 02:48 PM Cash back from Deposit
Renea Rush Offline
Member
Joined: Dec 2011
Posts: 74
If a customer received over $10,000 cash back on a deposit, on the CTR form, is that a withdrawal or negotiable instrument cashed?

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BSA/AML/CIP/OFAC Forum
#2120405 - 03/03/17 02:50 PM Re: Cash back from Deposit Renea Rush
HallieK Offline
Gold Star
HallieK
Joined: Jul 2001
Posts: 369
Oklahoma
We consider it a negotiable instrument cashed.

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#2120415 - 03/03/17 02:58 PM Re: Cash back from Deposit Renea Rush
Renea Rush Offline
Member
Joined: Dec 2011
Posts: 74
Thank you - that is what I was thinking but needed confirmation.

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