Does the following certification need to be included on signature cards for the State of Californai? I certify, in accordance with the IRS W-9 instructions provided by the Credit Union and under penalties of perjury, that the Social Security Number (SSN)/Taxpayer Identification Number (TIN) shown is my/the correct identification number and that I am NOT, unless designated below, subject to backup withholding because I have not been notified that I am subject to backup withholding as a result of a failure to report all dividends or interest, or because the IRS has notified me that I am no longer subject to backup withholding. I am not subject to backup withholding I am not a United States citizen or resident (complete W-8 form)/ Exempt
If a customer deposits over $10,000.00 into a joint account, how do you fill out the new CTR if only one owner is present? Would you check the person conducting transaction on own behalf box for the owner present, making the deposit? And then check the person on whose behalf transaction was conducted box for the joint owner who was not present?
Is the "Official Interpretations" section of Reg E subpart B Remittance Transfers part of the Reg or just someones interpretation? Section 1005.33(a)-5. i., ii., and iii. Procedures for Resolving Errors. This makes no sense to me to hold the sending bank accountable for something beyond their control. I would think an error such as this would fall under "Extraordinary Circumstances." I have to present this to our President and CFO so your answer on this would be greatly appreciated.
When submitting a CTR for a business with a corporate address and a site-specific address, which one do we use?
If a customer drops over $10,000.00 into the night drop, is a CTR required and if so if the account is joint who do we file it on?