Need a little assistance with this one....Mike Smith brought in a check to cash that was drawn on us and made payable to Jimmie Jones and was over $10,000.00. Mike Smith presented us with POA papers for Jimmie Jones and the teller cashed the check. No problem with the check, but how do I do a CTR for the dollar amount? Not sure how the POA affects the conductor in this case, do I show it as Jimmie Jones or Mike Smith??? Any guidance will be greatly appreciated!

I hope some due diligence was done on the purpose for cashing that check. With the info you have provided, I would list Mike Smith as conductor on own behalf. If you believe whatever story he gave you about why he needed cash on behalf of Jimmie Jones, I would list Jimmie Jones as benefitting.

I don't like POA's cashing large checks. Makes me think of breach of fiduciary duty.

I didn't like it either but it was done and over before I became aware of it. Thank you so much for your assistance.