Start Date: 6/18/2024 9:00 AM MDT
End Date: 6/18/2024 10:30 AM MDT
Location:
United States
One $12,000 cash deposit into one individually owned checking account is a CTR you could file in your sleep. But what if cash is delivered by an armored car service on behalf of an accountholder? What if cash is deposited into multiple accounts with the same beneficial owner? What about depositing cash into an estate account? Is it necessary to file an additional Part I for these CTRs? Which boxes get checked and when?
This session will review best practices for obtaining the required CTR information from accountholders and completing each of the 57 fields on the form. It will go through several examples, including those tricky transactions for joint accounts, fiduciaries, and IOLTAs. Each scenario will be covered line-by-line to demonstrate how to properly complete each CTR data field and avoid common mistakes. Don’t miss this jam-packed session.
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