Originally Posted by potter (Post 16416623)

CCBill = Affiliate Marketing.

You tell them you are in the affiliate marketing business. Which IS what you are in, so you're not lying. Then you get into explaining how you use free hosted marketing tools and banner ads displayed in key locations on specific trafficking networks. In order to maintain niche traffic to an market orientated ad spot, to convert quality controlled traffic into sales.

blah blah blah blah.

Terms you use every day to describe normal shit about this business is going to fly right the fuck over a normal person's head. They won't understand a damn thing you're saying and it'll sound all technical to them. You can describe everything you do, just don't mention it as porn. Mention it as ads, marketing, traffic. Not nude pictures, banners, and surfers.

This will end any other questions.

Originally Posted by minddust (Post 16416674)

RBC pulled that shit on me after receiveing 30K in 5 payments of 6K... they flagged my account as suspicious activities... the same day I closed my account, and told them to go fuck themself:thumbsup

Originally Posted by spunky99 (Post 16413857)

BMO asked why i was getting wires and such, switched to RoyalBank, now they're completely useless, won't let me have a US Checking account, guessing TD is gonna be the next bank

Originally Posted by Barefootsies (Post 16414078)

Required reporting
$10,000 may be FBI
$5,000.00 is IRS

Lower dollar amount to homeland security on single money transactions/wires.

My old college roommate is H.L.S. and told me himself. Which is how I even know this bullshit. I simply can't remember the under $5k amount, which was my guess when he asked me about it. But it was a lower dollar amount and it let to a long discussion.

The point being, the U.S. bank/financial institution has every right to ask you about your accounts, and money, especially when it is raising a flag or out of what they consider 'the norm'.

Originally Posted by TidalWave (Post 16416912)

The numbers are actually the following:

$9,999 transaction or more (wire, check, deposit, withdrawl)or above gets reported to DHS and IRS.
$2,999 cash transaction or more gets reported to DHS and IRS.

Also any wires to/from a country on the OFAC list gets immediately reported as well and the bank will most likely ask you questions about it, or freeze the funds, etc.

Originally Posted by Barefootsies (Post 16416930)

Thanks, I wanted to say it was $2500-3000.00 but I simply could not remember. :thumbsup

As for the IRS, and $5000.00 (irs.com website).



He told me some other shit HLS can do in tracking electronic transfers, money, and so forth if they really wanted to. They have used this tactic apparently when they can't make some HLS charges stick.

I said, well why doesn't the IRS use this to track down bank fraud and such? He said they could, and do. But they are overwhelmed and underfunded. So until something 'pops' on the radar. They do not typically just do random searches.

Kinda weird but whatever.

Originally Posted by Agent 488 (Post 16416948)

9,999 transations get automatically the 5000 is if there is suspicion of something crooked.

Originally Posted by BlackCrayon (Post 16412652)

switch banks. if my bank was that nosey i'd tell them to go fuck themselves. i've never had a bank question what my payments are for.

Originally Posted by Barefootsies (Post 16416957)

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.