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masque wrote (edited )

IF YOU LIVE IN THE US, DO NOT DELIBERATELY LIMIT YOUR TRANSACTIONS TO BELOW $10000.

In the US, deliberately keeping your deposits below $10000 to avoid reports is a crime called "structuring", even if the money is earned legally. Here's an article about how easy it would be to break this law by accident, and here is one case of exactly that happening.

Needless to say, since this is a crime, banks do specifically keep an eye out for this behaviour, so in the long run you will still attract suspicion, plus you'll be violating the classic rule "only commit one crime at a time."

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