BSA/AML Question: We have a customer who has sufficient CTR filings to consider filing a DOEP; however, they do sell ATVs, snowmobiles, and motorcycles. Are those items considered a motor vehicle and ineligible business for exemption?
If a customer comes to the teller window to cash a $12,000 withdrawal, the teller physically hands the customer the $12,000, and the customer then gives back $1,000 to deposit to another account to obtain immediate credit, how much currency is the CTR processed for, $12,000 or $11,000?
When completing a CTR on a corporation or LLC, does an officer delivering deposit get filed in Part I Section A or B?
Can an assumed name be added to an existing account which CTRs are filed on? Or is it best to open a new account? My concern would be future CTRs would have assumed name which had not been on the former CTR filings.
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