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To: bgill
$10k is the number that banks have to report.

$10K is the number banks HAVE TO report. They CAN and are ENCOURAGED to report ANY cash transactions of lesser amount, if that transaction seems out of the ordinary for the customer, or there has been a set of cash transactions in the near past.

91 posted on 09/11/2012 3:36:13 AM PDT by PapaBear3625 (Charlie Daniels - Payback Time http://www.youtube.com/watch?v=EWwTJj_nosI)
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To: PapaBear3625

Do credit unions have to do the same reporting (I’m assuming so)


97 posted on 09/11/2012 9:32:53 AM PDT by goodnesswins (What has happened to America?)
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