credit_junkie87 Posted January 19, 2008 Report Share Posted January 19, 2008 I have around $5,000 in cash from a recent foreign trip.What is the maximum amount I can deposit into my bank account without triggering an alarm of some sort? Link to comment Share on other sites More sharing options...
DHK Posted January 19, 2008 Report Share Posted January 19, 2008 Unfortunately, telling you the limits can constitute "aiding and abetting" in a potential criminal activity.As long as you're talking about $5k in US dollars, I can tell you that you'll be fine. 1 Link to comment Share on other sites More sharing options...
credit_junkie87 Posted January 19, 2008 Author Report Share Posted January 19, 2008 Thanks for your help! That does answer my question. Link to comment Share on other sites More sharing options...
razr Posted January 22, 2008 Report Share Posted January 22, 2008 $10K or deposits totaling $10K in a day.-r Link to comment Share on other sites More sharing options...
CleverCynic Posted January 25, 2008 Report Share Posted January 25, 2008 trigger the stupid alarm...who carestell 'em it's every atm withdrawal you ever made... never used it and forgot about it. There's no tax on raised eyebrows. Link to comment Share on other sites More sharing options...
debtmamma Posted January 25, 2008 Report Share Posted January 25, 2008 Is it just cash or a checks too? What is someone makes like 20K per month does it trigger an alarm every time they get direct deposit? Link to comment Share on other sites More sharing options...
jq26 Posted January 25, 2008 Report Share Posted January 25, 2008 Cash is the concern. Checks / direct deposit can be traced. Link to comment Share on other sites More sharing options...
debtmamma Posted January 25, 2008 Report Share Posted January 25, 2008 Gotcha. There was a guy in my city in the news who was evading taxes and they had records of his wife withdrawing like $9,xxx very often. Link to comment Share on other sites More sharing options...
janedoe2 Posted January 25, 2008 Report Share Posted January 25, 2008 Banks also look to see if the deposit is within the "normal" range for the account. $5k is not much though. Link to comment Share on other sites More sharing options...
flacorps Posted January 26, 2008 Report Share Posted January 26, 2008 To learn about this you need to know about SARs and CTRs and smurfing. Link to comment Share on other sites More sharing options...
Ravenous Wolf Posted January 26, 2008 Report Share Posted January 26, 2008 I have around $5,000 in cash from a recent foreign trip.What is the maximum amount I can deposit into my bank account without triggering an alarm of some sort?Just as long as you don't tell them that you just got home from Columbia... Link to comment Share on other sites More sharing options...
morrow Posted January 31, 2008 Report Share Posted January 31, 2008 $10K or deposits totaling $10K in a day.-rHahaha....I just saw that movie "Mad Money" with Katie Holmes and Queen Latifah...thats what they said on the movie. Anything over $10k in one day triggers a red flag. Link to comment Share on other sites More sharing options...
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