Transactions over $10,000 trigger a currency transaction report under the Bank Secrecy Act. Structuring deposits to avoid reports can still alert banks and lead to a possible suspicious activity ...

Americans who live and do business in those ZIP codes—estimated to be more than one million Americans—will be reported if they spend more $200 in cash on items like money orders and traveler’s checks.

Withdrawing $10,000 or more in cash from a bank account is not just a simple transaction; it triggers mandatory reporting to the federal government. This requirement is part of U.S. financial ...