A customer cashed a check off of their joint account for exaclty $10,000 later that day there was also an ATM withdrawal for $31.50. I know I am probably being dense but does this require a CTR?

Yeah anything over 10,000 by the same person on the same day would require one. Assuming you don't have a cut off time that would put the ATM on the next day. Then you wouldn't.

It was a cash withdrawal from an ATM however I don't know if it was one of our ATM's or not. I'm trying to figure that out now. If it was a foreign ATM would it still be reportable? And it is a joint account and it looks like the husband cashed the check and the wife made the ATM withdrawal.

Interesting how adding additional information can change things a little. It matters not whether the ATM transaction is on your machine or one in Moscow, Idaho. What matters is the date on which it posts to your customer's account. It also matters which of the joint account holders made the withdrawal. If you can document that Owner A cashed the check and Owner B made the ATM withdrawal, you have no CTR, since neither beneficiary received more than $10K.

John,
I would have to disagree with you.....I would fill out a CTR and use the multiple transaction option....the $10,000.01 or more threshold is per account not per account owner, correct?

John, I agree with you on this one. Deposits on the other hand if aggregated to more than $10,000 are always reported because it is assumed that both received benefit. Withdrawals are treated differently. You don't aggregate withdrawals unless you have documentation that the same person made the withdrawal.

This is a good question. Since it is a joint account, both owners would be the beneficiaries on the CTR, yet not knowing if the same person conducted both transactions leads one to believe that the condutor may differ. However, shouldn't the beneficiaries be joint owners and therefore it require a CTR because aggregated it is over the threshold? And considered a multiple transaction?