To: Prodn2000
Multiple Money Orders and Cashier's/Official Checks that are purchased or deposited at banks that total more that $10,000 and are purchased with other money orders or cashiers checks are subject to a MIPR (monetary instrument purchase record/report.)
How about a certified check from the sale of a home? I have a rather large one going in tomorrow. Have any idea if this is something that is tracked?
26 posted on
07/06/2006 10:08:15 PM PDT by
WackySam
("There's room for all God's creatures- right next to the taters")
To: WackySam
As long as no cash is used in the purchase of the check, then it'll be alright for the purchaser. As the recipient, just deposit it, and nothing will be reported. If you were to cash it, or take more than 10,000 out of it in cash (and deposit the rest), then some red-flags might be raised.
To: WackySam
How about a certified check from the sale of a home? I have a rather large one going in tomorrow. Have any idea if this is something that is tracked?You're obviously a drug dealer who laundered money through home purchasing. Now bend over and take it. /s
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