Answer by Randy Carey: Exempting the agent would not be possible.
Answer by John Burnett: Have you reviewed the individual businesses involved to see if they might qualify for exemptions under Phase II rules? If none of them would trigger a CTR filing at least five times a year except when aggregated at the armored car courier conductor level, the answer is No. But if one or more of those businesses is exemption eligible, it could reduce the number of times you'd need to file when these deposits are brought in.
First published on BankersOnline.com 5/28/12