In Which of the Following Cases Is a Bank Obliged

question 48

Multiple Choice

In which of the following cases is a bank obliged to file a Currency Transaction Report (CTR) with the Internal Revenue Service?

• A)The bank receives instructions from a customer to certify an ordinary check worth $10,000 issued in a foreigner's name.
• B)The bank receives an ordinary check worth $13,000 payable to a customer's checking account.
• C)A customer deposits $20,000 through a cashier's check in his checking account.
• D)A customer issues stop-payment instructions on a check worth $15,000 issued to a payee.

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