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#2188401 - 08/08/18 02:44 PM CTR rounding up
Compliance Action Subscriber 1226 Offline
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Joined: Sep 2015
Posts: 198
Doing a CTR and one deposit going into a checking account for $9176.09 and a loan payoff for $4,723.91, added together it is exactly $13,900, but should we round up each transaction, which would make it a dollar more?

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#2188415 - 08/08/18 03:37 PM Re: CTR rounding up Compliance Action Subscriber 1226
Sunshine Lady Offline
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Sunshine Lady
Joined: Apr 2014
Posts: 681
No, what you have is good. Use the 13,900.00.
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Define Success on your own terms, achieve it by your own rules, and build a life you are proud of. Anne Sweeney

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#2188420 - 08/08/18 04:06 PM Re: CTR rounding up Compliance Action Subscriber 1226
Q Offline
Member
Joined: Jun 2015
Posts: 52
I am assuming you are asking about line 25 in which cash I would put a.Deposit of $9,176 and b.Payment of $4,724.00

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#2189040 - 08/14/18 05:15 PM Re: CTR rounding up Compliance Action Subscriber 1226
ramblings Offline
Member
Joined: Oct 2015
Posts: 78
Always round up. In line 41, use $13,900 and in line 25a use $9,177 and in line 25b use $4,724

See the FAQ, item 28.
https://www.fincen.gov/frequently-asked-questions-regarding-fincen-currency-transaction-report-ctr

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