I think that's a federal regulation + bank fuckery. They should make some of it available in the interim until it clears though. That's my experience anyway.
I think that's a federal regulation + bank fuckery. They should make some of it available in the interim until it clears though. That's my experience anyway.
There are additional reporting requirements for transactions of 10,000 and over.
There are additional reporting requirements for transactions of 10,000 and over.
I couldn't remember the exact number, thank you. I do remember that they can call multiple deposits just under that 10,000 mark structured deposits and that can fuck you up real big.
I couldn't remember the exact number, thank you. I do remember that they can call multiple deposits just under that 10,000 mark structured deposits and that can fuck you up real big.
Exactly. Don't try to get around the limit by making multiple transactions slightly under. There is nothing illegal about transactions over 10k, but once you start structuring the transactions to get around the reporting requirements, they can go after you.
Exactly. Don't try to get around the limit by making multiple transactions slightly under. There is nothing illegal about transactions over 10k, but once you start structuring the transactions to get around the reporting requirements, they can go after you.
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