Bank are only REQUIRED to report CASH transactions OVER $10k (Currency Transaction Report or CTR). If there are multiple large transactions that may cause suspicion, they should (but not necessarily required to, since different banks have different rules) submit a Suspicious Activity Report (SAR). As long as you're not taking money in and out all the time, buying a bunch of certified check or money orders you should be OK. Things like that will cause suspicion of money laundering. People deposit large check all the time, the government doesn't have the time or money to worry about every $40k deposit. Honestly, I would get a big check, so it's just 1 transaction if you can. Then do not take out a big amount of cash. If you want some cash, do p2p for that. I would bet 12-13 deposits of $3k cash will bring up red flags. I'm not sure what Bodava wd policies are though. I used to work in the banking industry, I don't remember if large wires into an account need a CTR, would have to do some research, but they do need to notify you if they are doing a CTR, and you can't back out your transaction if you find out they are. It'll be submitted either way. The SAR must be submitted without your knowledge.
Nice hit btw, good eye finding those odds so late in the game.
Nice hit btw, good eye finding those odds so late in the game.
