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#57306 - 01/28/03 05:48 PM BSA Less Cash Transactions
Tina A Sweet Offline
Diamond Poster
Tina A Sweet
Joined: Aug 2001
Posts: 1,033
Marysville, Ca.
I have quit a few less cash transactions in my 4th quarter review. How are all of you documenting such transactions. As a withdrawl or in the other section(Part II section 36) and noting "less cash"?
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Tina A Sweet-Williams
AVP Special Assets
mailto:tsweet@goldcountrynb.com

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General Discussion
#57307 - 01/28/03 05:55 PM Re: BSA Less Cash Transactions
JacF Offline

Power Poster
Joined: Nov 2001
Posts: 6,719
PA
I've not had any of these myself, but I would tend toward Negotiable Instruments Cashed if the proceeds came from a check deposit, or Withdrawal if the proceeds came from another account.

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#57308 - 01/28/03 06:00 PM Re: BSA Less Cash Transactions
Richard Insley Online
10K Club
Richard Insley
Joined: Oct 2000
Posts: 10,179
Toano, VA
If you're paying out part of the proceeds of a check that's not yet been collected, it's a cashed check.
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...gone fishing.

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