How does everyone monitor the sale of monetary instruments to determine if multiple sales to or for same person were made in a single day when the purchaes were for amounts less than $3,000 each time but totaled $3,000 - $10,000 for the same business day??? Part II, do you obtain all information required to complete the form on ALL non-customer purchases of any instrument sold ? I hope there's a better way. HELP!

Unless you already have some type of automated system to track your sales, I wouldn't do it. The regulatory requirement is to report if you have knowledge. There is no requirement to go to extrordinary steps to obtain the knowledge.

That's what we wanted to hear. Even though there's not requirement for a centralized log, do you recommend that
someone review those logs to determine if a CTR is required due to multiple sales on the same day by same purchaser exceeding $10,000? Again, we don't want to do anything that's not required.

Our BSA Officer reviews the logs from all branches to determine if any reportable transactions have occurred.