I am new to using an automated BSA/AML software system and a CTR situation came up that I'm not sure how to report.
A CTR was triggered for a savings account cash withdrawal of $10,100 and a POS debit transaction of $126.70. After some research I was able to verify that $40 of the POS debit transaction was cash back. Do I need to include the $40 on the CTR since I have knowledge of it or are POS cash back debits not included when aggregating CTR amounts?
The FFIEC manual states:
A bank must electronically file a Currency Transaction Report for each transaction in currency (deposit, withdrawal, exchange, or other payment or transfer) or more than $10,000 by, through, or to the bank.
Thank you in advance!