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#2123654 - 03/24/17 09:49 PM CTR for partnership
Compliance Action Subscriber 1226 Offline
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Joined: Sep 2015
Posts: 166
Doing a CTR for a husband and wife partnership - it is a withdrawal by wife - would we include husband's name on CTR also

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#2123664 - 03/25/17 09:17 AM Re: CTR for partnership Compliance Action Subscriber 1226
Elwood P. Dowd Offline
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Elwood P. Dowd
Joined: Aug 2001
Posts: 21,939
Next to Harvey
For a partnership, partners do not benefit from a deposit. They own the partnership, not the bank account.

Outside of real estate lending, generally, when a banker starts thinking about whether a H & W relationship changes the answer to a question, he or she is looking down the wrong path.
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