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In Response To:
Thread Starter: ColoradoAML
Title: Re: Cash Collateral

So the physical cash will be held in a physical vault, not credited to an account?

If that's the case, I would not file a CTR because as you said, it sounds like no transaction is taking place.

A follow-up question for people who are more savvy than I am: If it turns out this person is evading taxes, or these are proceeds of a crime, may the bank be criminally liable for aiding the customer to launder their money?