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#2230063 - 01/31/20 08:16 PM Cashed Checks & ATM Withdrawals
banker1976 Offline
Gold Star
Joined: Nov 2005
Posts: 346
Mid-Atlantic
Customer conducts two $500 ATM cash withdrawals (totaling $1,000) on a Monday night (e.g. transaction time is 19:45 / 7:45pm).

Customer comes to branch on Tuesday morning and takes $$9,900 from their account in cash.

This scenario would require a $10,900 CTR, right? Just needed to confirm yay or nay. The Monday night transactions are considered processed on Tuesday's business day. And along with the cash taken from the account, $10,000 also on Tuesday, would eventually require a $10,900 CTR. I seem to be over-thinking this concept that ATM withdrawals are somehow different (but they are not).
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#2230065 - 01/31/20 08:20 PM Re: Cashed Checks & ATM Withdrawals banker1976
BrianC Offline
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BrianC
Joined: Nov 2004
Posts: 6,716
Illinois
Withdrawals exceed $10,000 on a single business day. Yay - a CTR is required.
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