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#2165044 - 02/16/18 07:59 PM CTRs by Armored Car Services
skitts Offline
Junior Member
Joined: Dec 2014
Posts: 42
Good afternoon -

We have a couple of money service businesses who use armored cars to pick up their cash. That cash is then processed by the armored car service (i.e., Guarda, Dunbar, etc.). When I came into this position, it was my understanding (and the former colleague confirmed) that because the physical cash was being taken to, and processed by, the armored service, then they were responsible for the CTRs. However, it appears one (or both) of them may not be doing CTRs. Can someone please help me to understand this, or at least point me in the direction of where I can find the answer? I have a call into FinCEN, but they tend to take a while to get back. Thank you!

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#2165066 - 02/16/18 08:58 PM Re: CTRs by Armored Car Services skitts
SeekingKnowledge Offline
100 Club
SeekingKnowledge
Joined: Jun 2014
Posts: 152
SC
This was discussed recently, although you may not find the conclusive answer you are looking for.

Recent thread

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