Deposit a lot of money

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rickyjkh

Registered Users (C)
HI everybody I have some question relating dposit the money in the bank. Hope somebody could share their experience.

What happen if I deposit alot of cash in the bank for one transaction of more than $10,000? Will the bank ask to see where you get the money from? or the IRS will contact you about this? any comment will be appreciated.
 
rickyjkh said:
What happen if I deposit alot of cash in the bank for one transaction of more than $10,000? Will the bank ask to see where you get the money from? or the IRS will contact you about this? any comment will be appreciated.
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The bank will not ask you where the money came from, but the deposit will be reported to the Treasury Department.
 
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