CTR aggregation rules require that transactions that occur on the same business day be aggregated. If the additional cash back transaction posted on the next business day because it was conducted after your cutoff time, it would not be included.
Add Cash Back Amount to Reportable CTR?
I have a reportable CTR to file. It was created during banking hours. I found out that our client did a POS and got cash back. The POS transaction happened after banking hours. Do we need to add the cash back amount to the reportable CTR?
First published on 06/06/2021