An individual comes into the bank and makes a $6,000 cash deposit into a checking account. At the same time, the individual buys a $7,000 cashier's check with cash. According to the Bank Secrecy Act, what is the bank is required to do?
- File a SAR for $13,000
- File a CTR for the $6,000 cash deposit
- Aggregate the transactions and retain information about the purchase of the cashier's check
- Obtain the recordkeeping information for the purchase of the cashier's check and complete a CTR for the total cash-in transaction of $13,000
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