Agree, at least for most banks. If for some reason your institution records the collection as a single transaction, don't check the multiple transactions box in item 1 or record multiple transactions using the new form 112 e-file form. The point of the CTR is to serve as a "locator pointer" to your record(s) of what you're reporting in the CTR. Checking the "multiple transaction" box in item 1 says you're going to look for more than one deposit.
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John S. Burnett
BankersOnline.com
Fighting for Compliance since 1976
Bankers' Threads User #8