Skip to content

Owner of Entity Completing Transaction-CTR Form

Answered by: 

Question: 
On a CTR form, if the transaction is being completed by the owner of an entity do we check Person conducting transaction on own behalf in Part1, Person Involved in Transaction?
Answer: 

A natural person, regardless of whether they are an owner or not, is purely conducting a transaction on behalf of the entity.

First published on 11/24/2019

Filed under: 

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