Quote:
Originally Posted by Agent 488
9,999 transations get automatically the 5000 is if there is suspicion of something crooked.
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Right.
However, as previously mentioned, I have been asked about international wires, incoming and outgoing, as well as what the bank considers 'big dollar transactions' before. Both at my bank, and credit union.
However, as I also said, I start talking to them about 'affiliate marketing' and the online business, and their eyes glaze over and they are lost in no time. They do not ask again.
The point being, getting back to the O.P., the bank can, does, and is supposed to ask about what they consider transactions out of the norm. Face the facts. Most average Joe's are not doing international wires, nor know how to. Or are depositing $2000/5000/10000.00+ dollar transactions repeatedly.
So, realistically, a financial institution is/can/should ask.
