[STerasedU]

Is it 10k per transaction or 10k per month.. What if you deposit 7k in a checking account and 7k in a savings at the same bank on the same day, does it get reported?

[Sam Odom]

Dont ask us...

[bonzaii]

Is it 10k per transaction or 10k per month.. What if you deposit 7k in a checking account and 7k in a savings at the same bank on the same day, does it get reported?

Nope that fools the tellers every time. Don't tell anyone about it.

[KVB]

10k per transaction but trying to hide it with multiple smaller transactions will get you more than flagged.

It could get you audited.

It's too obvious.

It is not wise and you should use different banks.

[KVB]

Nope that fools the tellers every time. Don't tell anyone about it.

[kidcudi92]

Bout tree fiddy

[ans61201]

10k per transaction but trying to hide it with multiple smaller transactions will get you more than flagged.

It could get you audited.

It's too obvious.

It is not wise and you should use different banks.

This is the correct answer. 10k in a single transaction. But all it does it the teller fills out a CTR currency transaction report, really means nothing. Unless you’re getting a ton of them but saying you have no money or something.
Making obvious attempts at avoiding the 10k limit can create a suspicious transaction report, which is a more serious form. Avoid them both if possible but if you have to choose just put the cash in.

This is for cash only. If you can get it converted to a check etc no form.

[shocka1212]

Is it 10k per transaction or 10k per month.. What if you deposit 7k in a checking account and 7k in a savings at the same bank on the same day, does it get reported?

Deposit at the atm.

[krk1030]

It gets reported but not to the IRS and it really means nothing.

[ans61201]

Deposit at the atm.

Most larger banks still will do them. And the tellers more likely to make it a suspicious report because of the annoyance it is lol

Many atms do the 60 bills at a time limit for this reason, to avoid getting the 10k in there.

[Reload]

Have had CTR's quite a few times over the years and nothing ever came of them.

[goduke]

Jesus just pay your taxes and it wont matter unless youre a drug dealer

[sourtwist]

Jesus just pay your taxes and it wont matter unless youre a drug dealer

LOL

be a good boy and pay taxes

Fukk taxes...and fukk banks

[goduke]

LOL

be a good boy and pay taxes

Fukk taxes...and fukk banks

Yeah instead post on SBR looking for money advice. Seems intelligent, most of the people on here are definitely the right people to ask, im sure of it.

[KVB]

It gets reported but not to the IRS and it really means nothing.

Have had CTR's quite a few times over the years and nothing ever came of them.

That's what we're saying.

But if you try to circumvent the 10k limit with multiple transactions, then more will become of it.

It goes from just having 10k or more to becoming a suspicious set of transactions. That's not good.

[STerasedU]

Deposit at the atm.

Yeah it can't get flagged then... My buddy just won 28k in a underground card game.

[ans61201]

Yeah it can't get flagged then... My buddy just won 28k in a underground card game.

Yes it can. 100%.

Why does he need to put it all in the bank right away? Put chunks in. And put it somewhere safe. Spread it out to different accounts. Pay off some debt.

[TheMoneyShot]

Yeah it can't get flagged then... My buddy just won 28k in a underground card game.

Make sure your buddy keeps that 28k underground. That way no one would ever know.

[STerasedU]

It has to be flagged manually by a teller or can it flagged automatically by the account if 10k or more gets deposited?

[STerasedU]

Yes it can. 100%.

Why does he need to put it all in the bank right away? Put chunks in. And put it somewhere safe. Spread it out to different accounts. Pay off some debt.

How can it get flagged by the ATM?

[TheMoneyShot]

It has to be flagged manually by a teller or can it flagged automatically by the account if 10k or more gets deposited?

Just let the teller know you're a heavy hitter and don't worry about it. She'll take one for the team. No worries.

[NrmlCurvSurfr]

How can it get flagged by the ATM?

Exactly, I know when I deposit cash at the ATM it just picks a random customers account and deposits it there, no way anyone at the bank can tell who made the deposit.

[juicername]

Exactly, I know when I deposit cash at the ATM it just picks a random customers account and deposits it there, no way anyone at the bank can tell who made the deposit.

Personally I love penetrating with my enemies by making big deposits to their accounts so they get audited.

[ans61201]

How can it get flagged by the ATM?

Damn, I’m not sure. I guess all the drug dealers and money launderers should’ve just used this method all along.

[GT21Megatron]

It’s a federal regulation. US Patriot Act requires large cash transactions (anything $10,000 and over in cash) to be recorded. This was put in place after 9-11 happened to cut down on anti-money laundering to try to find money which was being used to fund terrorist activity. When you try to hide this or avoid it makes it 15 x worse. Just make the transactions you want to make and don’t try to be a sneaky Fuk about it and won’t have any issues.

[jjgold]

It’s a federal regulation. US Patriot Act requires large cash transactions (anything $10,000 and over in cash) to be recorded. This was put in place after 9-11 happened to cut down on anti-money laundering to try to find money which was being used to fund terrorist activity. When you try to hide this or avoid it makes it 15 x worse. Just make the transactions you want to make and don’t try to be a sneaky Fuk about it and won’t have any issues.

end of thread

[gauchojake]

tHIS FUKKIN NARC IS ASKING A LOT OF STUPID QUESTIONS

[mrpapageorgio]

[KVB]

Well, this thread took off.

[HockeyRocks]

.....So just deposit 9900.00...No problems...