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#2195407 - 10/15/18 03:01 PM monetary instrument log
sb1 Offline
100 Club
Joined: Jan 2006
Posts: 135
If a customer purchases a monetary instrument in the amount of $19,000 and funds $5,000 of it in cash with the balance funded by a deposit account, I am assuming a monetary instrument log be required even though it is partially funded with cash?

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#2195408 - 10/15/18 03:15 PM Re: monetary instrument log sb1
BrianC Offline
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BrianC
Joined: Nov 2004
Posts: 6,724
Illinois
This transaction is subject to the recordkeeping requirements, yes.
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