Customer comes in and makes 4 deposits into checking about totaling $20,000.00. Then later the same day comes in and withdrawals $3,000.00 from the same account. How do you list this on the CTR? $20,000.00 in and 0 cash out because the $3,000.00 is less than the reporting threshold, or $20,000.00 cash in and $3,000.00 cash out?

The $3,000 cash out is not reportable because it doesn't exceed the $10,000 level....so $20,000 in and nothing out.

Thanks So much!!!

What about this one? Customer comes in two different times withdrawing 5000 and 8000...wife comes into different branch and withdraws 5000 from the same account. Husband and wife are not together at either branch. Just file CTR on husband for 13000 cash out or include the other 5000 and use both names?

Unless you have some info that indicates the wife and husband are getting the cash for the benefit of both, you should only consider the individual doing the transaction as the beneficiary. IOW, if I say "my wife are going on a shopping trip with this cash", then I think you would consider both as beneficiaries. Absent something like that, only consider the person present.

Specific to your scenario: file the CTR with the husband as the conductor and "conducted on own behalf" for $13,000. The wifes $5,000 is not a factor for the CTR.

However, is this typical for them to do this. This seems odd to me and maybe considered structuring. A total of $18,000 in cash was withdrawn by these two in one business day. You may want to investigate filing a SAR.

I'll concur with David...we had a husband/wife that would cash $5,000 - $8,000 checks each on the same day from the same account. They never made any assertion that the money was going for the benefit of each other, but we completed an investigation, filed a SAR, and then closed the accounts out.

I think the situation is this...they got a big settlement, backpay for disability or something...received a direct deposit for a large amount of money and are now going through it like crazy on some spending spree....they never really had money before the direct deposit came in from the US Treasurer.

Make sure it was not from a ficticious/fraudulent tax return. You meant U.S. Treasury - right.

From 1995 Q&A on completing the then-new CTR,