It is the product of an opaque bank examination regime that pressures banks to close certain customer accounts, ostensibly in the name of managing financial crimes risk. One component of that regime ...

Transactions over $10,000 trigger a currency transaction report under the Bank Secrecy Act. Structuring deposits to avoid reports can still alert banks and lead to a possible suspicious activity ...

But instead of abolishing currency transaction reports, the federal government recently lowered the reporting threshold to $200 in some border areas.

SAN ANTONIO - A federal judge in San Antonio has temporarily halted a new mandate requiring money service businesses along the Texas-Mexico border to report cash transactions as low as $200.

If your cash deposits or withdrawals at a single bank add up to more than $10,000 in a 24-hour period, that bank is required by law to send a "cash transaction report" (CTR) to the Financial ...

The form filed with the Financial Crimes Enforcement Network (FinCEN) is called a Currency Transaction Report (CTR). Here’s what will happen when you go to your bank to withdraw $10,000 or more.

Anthony says rather than lowering the threshold, the $10,000 baseline is overdue to be raised. The federal government first began requiring banks to log and report all cash transactions of $10,000 ...