Quote:
Originally Posted by raiders72001
My bank sent me a letter in the mail when I deposited in chunks reminding me that over $10,000 in chunks under $10,000 has to be reported. When I called, they said it's just a reminder.
Frequency and amounts would help. Are we talking $5K every 3 weeks getting flagged? It's $60K, there's not enough upside to try and rush it in there vs getting looked at for structuring.
The general rule is suspicious activity - activity that is not normal day to day from that customer. If you deposit $12,000 every Friday, it doesn't get flagged eventually.