A reader emailed that she walked into her bank with a little over $5,000 from selling her car. She expected a quick deposit. Instead, the teller hesitated and asked a few extra questions. It wasn't ...
Deposits of over $10,000 are reported to the federal government -- but that doesn't mean you're in trouble. Be honest with your bank and don't try to avoid these reports. Make sure your bank even ...
I don't carry around giant lumps of cash often. But over the years, I've made my fair share of four-figure deposits into my bank account -- and when I did, I always wondered what the big deal was. Who ...
Image source: Getty Images Under the Bank Secrecy Act, banks must file a Currency Transaction Report any time someone deposits more than $10,000 in cash. It doesn't matter if the money came from ...
Hanna Horvath is a CERTIFIED FINANCIAL PLANNER™ and Red Venture's senior editor of content partnerships. Fox Money is a personal finance hub featuring content generated by Credible Operations, Inc.
Barclays has brought in a limit that affects the amounts its in-branch customers can deposit in cash. Aimed at cracking down on financial crime, the high street giant has imposed a new £20,000 limit ...