Thread Options
#2223306 - 10/08/19 04:36 PM Who files CTRs at your Bank?
Lele Offline
Platinum Poster
Lele
Joined: Feb 2007
Posts: 825
In the Sun
Who files the CTRs at your Bank? Does the BSA Officer?
Thanks...
_________________________
Faith is seeing light with your heart when all your eyes see is darkness...

Return to Top
BSA/AML/CIP/OFAC Forum
#2223321 - 10/08/19 05:34 PM Re: Who files CTRs at your Bank? Lele
JWills, CRCM Offline
Diamond Poster
JWills, CRCM
Joined: May 2013
Posts: 1,718
The Mitten State
Our CSRs and branch managers complete them, and send to the BSA Officer who reviews them, makes any corrections, and then files them.
_________________________
Nonsense wakes up the brain cells.

--Dr. Seuss

Return to Top
#2223328 - 10/08/19 06:07 PM Re: Who files CTRs at your Bank? Lele
StormFront Offline
Junior Member
Joined: Nov 2016
Posts: 32
Tellers prepare it, another teller reviews it; then sent to the BSA officer for discreet filing (no batch filing). YTD have filed about 300.

Return to Top
#2223347 - 10/08/19 07:10 PM Re: Who files CTRs at your Bank? Lele
praBSA Offline
100 Club
Joined: Aug 2018
Posts: 233
Head Tellers prepare it, send it to my compliance specialist who reviews and files. I, as the BSA Officer, do a periodic review of the CTR filings to check the work of my specialist.

Return to Top
#2223358 - 10/08/19 07:51 PM Re: Who files CTRs at your Bank? Lele
Lele Offline
Platinum Poster
Lele
Joined: Feb 2007
Posts: 825
In the Sun
We are starting to Batch File with this 'conversion". Does this affect who is filing? We are a two person department and this has now become our responsibility so just wanted to inquire... smile Figuring on the Compliance Assistant reviewing and me doing a the FIling.
_________________________
Faith is seeing light with your heart when all your eyes see is darkness...

Return to Top
#2223371 - 10/08/19 08:21 PM Re: Who files CTRs at your Bank? Lele
RockChucker, CAMS Offline
Diamond Poster
Joined: Jul 2013
Posts: 1,543
The Country
Hello Lele,
It doesn't matter who the files the CTRs for batch or otherwise as long as that person is authorized and has been assigned a pin. You will most likely really like batch filing.
_________________________
A successful man is one who can lay a firm foundation with the bricks others have thrown at him.
-David Brinkley

Return to Top
#2223389 - 10/08/19 11:59 PM Re: Who files CTRs at your Bank? RockChucker, CAMS
TomS Offline
Gold Star
Joined: Jan 2004
Posts: 315
USA
At my previous employer the tellers prepared the CTR and sent them to me (BSA Officer) to review and file with FinCEN. But we only did half a dozen CTRs annually at most, so it wasn't much of a burden.
_________________________
CRCM, CAFP, DAD

Return to Top
#2223397 - 10/09/19 01:11 PM Re: Who files CTRs at your Bank? Lele
ahkcompliance Offline
Diamond Poster
Joined: Sep 2008
Posts: 2,470
Midwest
Our teller supervisor (also designed BSA Administrator) files the CTRs and I as BSA Officer do a review monthly to check her work.

Return to Top
#2223418 - 10/09/19 03:51 PM Re: Who files CTRs at your Bank? Lele
P*Q Offline

Power Poster
P*Q
Joined: May 2001
Posts: 8,402
Somewhere
Our automated system prepares them for us and the BSA Department files them via that system. Because we could possibly be missing some info we need, we do have an internal from for branches to fill out so we can obtain that info.

Return to Top
#2223419 - 10/09/19 03:59 PM Re: Who files CTRs at your Bank? Lele
Sunshine Lady Offline
Platinum Poster
Sunshine Lady
Joined: Apr 2014
Posts: 582
Each branch completes their own CTR's and we have three teller supervisors who do a second check to make sure it was completed correctly. I do not complete any CTR's, but my job is to make sure that they get done.
_________________________
Define Success on your own terms, achieve it by your own rules, and build a life you are proud of. Anne Sweeney

Return to Top
#2223422 - 10/09/19 04:08 PM Re: Who files CTRs at your Bank? Lele
Beachbum, CRCM Offline
Gold Star
Joined: Dec 2006
Posts: 479
Knee Deep in Regs
branches complete CTRs, BSA Officer reviews and files
_________________________
What we think, we become.
Buddha

Return to Top
#2223968 - 10/18/19 03:19 PM Re: Who files CTRs at your Bank? Lele
NatalieJ BSA Offline
Junior Member
Joined: Apr 2016
Posts: 40
Our tellers are only responsible for communicating reportable activity to me, the BSA analyst, and I ultimately create and submit all CTRs to FinCEN. At the end of each month, I provide a BSA report to our BSA officer summarizing this activity.

Return to Top
#2224088 - 10/21/19 08:53 PM Re: Who files CTRs at your Bank? Lele
McGruff Offline
Gold Star
McGruff
Joined: Feb 2004
Posts: 262
Texas
The Teller Supervisor and the BSA Analyst trade off. Week one, the Teller Super checks the CTRs for accuracy and the BSA Analyst files them. Next week, they switch roles. I only jump in if someone is on vacation, etc. I do spot periodic spot checks for accuracy. We batch file about a dozen per week.

Return to Top
#2224803 - 10/30/19 05:40 PM Re: Who files CTRs at your Bank? Lele
JennKK2 Offline
100 Club
Joined: Nov 2006
Posts: 193
-
tellers generally complete the CTR and then submit to the BSA Officer for review and ultimate efiling.
_________________________
plan your Work and Work your Plan

Return to Top
#2224819 - 10/30/19 08:25 PM Re: Who files CTRs at your Bank? Lele
KSciabica Offline
New Poster
Joined: Sep 2015
Posts: 6
Branch creates CTR. BSA Department reviews and files with FinCEN.

Return to Top
#2224834 - 10/30/19 10:00 PM Re: Who files CTRs at your Bank? Lele
City Girl Offline
100 Club
Joined: Sep 2005
Posts: 137
Midwest
Tellers create CTR's. Compliance/BSA staff review and file.
Last edited by City Girl; 10/30/19 10:00 PM.
Return to Top

Moderator:  Andy_Z