Skip to content

CTR Business- Only 1 Signer Made Deposit

Answered by: 

Question: 
W​hen filing a ​CTR on a business, ​and ​only ​one​ account signer made the deposit​,​ ​i​s it required to get the information on the other signers that were not present to file the ​CTR?
Answer: 

You don't say what type of business, but the signer would be the "Person conducting transaction for another" and the business would be listed as the "Person on whose behalf transaction is conducted". The other signers on the business account are irrelevant.

First published on 12/30/2018

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics