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PODs on the CTR?

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We have a customer who deposited $13,000.00 cash into his individual account which is P.O.D. to 2 additional persons. Are the P.O.D. persons to be listed on the CTR?

No. While all of the owners on a joint account clearly benefit from a deposit of cash, POD beneficiaries do not.

First published on 10/16/06

First published on 10/16/2006

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