Thread Starter: Anonymous
Title: Re: SAR required?
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We have a customer who has come in on three different occasions between 12/8 and 1/27 and has withdrawn $9,900 each time. He has told the teller helping him the money is to pay his contractor as he remodels a cabin. Would this warrant filing a SAR? If so, would the SAR justification be "structuring - multiple transactions below CTR threshold"
Or because the transactions have been spaced out over a month and a half does it not warrant a SAR, rather just additional watch on the account?
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