CTR Filing

Posted By: CrashDavis

CTR Filing - 03/08/06 03:44 PM

I have the following scenerio. Customer drops a deposit in the night deposit for the bank to work the next day. There is 16,000 in cash. There is a deposit slip for $11,000 that will go to his business. There is another deposit slip for $5,000 that will go to his personal account. Different tax id numbers. Do you complete a CTR for $16,000 and include on the same CTR the personal account or do you file a CTR for the $11,000.

Need some help here

Thanks
Posted By: Big Dog

Re: CTR Filing - 03/08/06 04:21 PM

I would use 2 section A's and indicate Night Drop for section B.
Posted By: John Burnett

Re: CTR Filing - 03/08/06 10:03 PM

Absolutely. If the two deposits are in the same night bag, they have to have been conducted by one person, so you have to combine them on the CTR.