Aggregate Amount for Multiple Trans Night Deposit

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Question:

If multiple transactions are obtained from a night deposit, and each transaction is below $10,001 but the aggregate amount is greater than $10,001, should the aggregate box be check in addition to night deposit?

Answer:

No. The aggregate transaction box is used for transactions completed at the teller window and the conductor information was not obtained because the transaction(s) were below $10,000.01.

If your transactions only consist of night deposits, only check the night deposit box.

First published on BankersOnline.com 6/17/13