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#2242988 - 09/23/20 05:03 PM CTR question
Craney Offline
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Joined: Jun 2020
Posts: 19
Good afternoon! Debate going on for a customer that bought a cashier's check with $40,000 cash. The fee for the check was $5, but the customer brought in $40,020 cash for the check and the fee, and received the $15 back. So, on the CTR, would you put the cash in as $40,020 or $40,005, and the third entry into this debate would be $40,005 with $15 currency exchange?

Thank you guys for your help!

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#2242989 - 09/23/20 05:19 PM Re: CTR question Craney
SmallBankBSA Offline
100 Club
Joined: May 2018
Posts: 141
For me, I would only list the $40,005 as purchase of negotiable instrument

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#2242991 - 09/23/20 05:29 PM Re: CTR question Craney
BrianC Online
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BrianC
Joined: Nov 2004
Posts: 6,205
Illinois
Previous threads have beat this scenario to death. Since the purpose of the CTR is to help you locate the transaction if law enforcement ever asks, which dollar amount will be easiest for you to locate based on the cash reports/teller tickets?

File it that way and call it a day. You will not find any written guidance one way or another.
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#2242996 - 09/23/20 06:21 PM Re: CTR question Craney
Craney Offline
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Joined: Jun 2020
Posts: 19
Thanks guys!! I appreciate it, and that's what I was thinking as well!

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