Posted By: TXBSA
Multiple transactions on CTR? - 05/03/13 03:45 PM
If you have a customer that brings in multiple checks to cash and they are run together by the teller in 1 single cash out transaction would you check multiple transactions? Would it be considered multiple transactions because more than 1 instrument is cashed or not multiple transactions because they were conducted at the same time and created only 1 line item on the teller journal.
Ex: Customer cashes checks drawn off of account A for $5000, account B for $6000. No attempt at structuring, just 2 different accounts with different purposes. Both checks are presented at the same time. Teller batches the checks cashed and a single cash out ticket is created for $11,000.
Ex: Customer cashes checks drawn off of account A for $5000, account B for $6000. No attempt at structuring, just 2 different accounts with different purposes. Both checks are presented at the same time. Teller batches the checks cashed and a single cash out ticket is created for $11,000.