The MITR information is not in electronic form. The teller supervisors check the 314a list against the MITR log every two weeks or when they receive the 314a listings. There are so few monetary instruments sold for cash between $3M-$10M, it is pretty easy to check the MITR for any unlikely matches.
Within the context of selling monetary instruments to non-customers, the 314a lists only have to be checked against $3M-$10M cash items.
We don't do wire-transfers for non-customers so those don't have to be checked with the 314a lists......because we do the 314 check accross the whole customer database, so we only have to worry about those pesky monetary instrument purchases.
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No, we do not sell to non-customers. I am curious though about the comment on checking against the 314 list. Do you keep this information in electronic form?