I used to work for Chase.... You can absolutely deposit all of your money at once.... The bank is required to fill out a special form when anyone deposits over $10,000 because of money laundering and structuring... You do not need to worry! They use the form to watch for patterns of people depositing money... So unless you are depositing amounts over $10,000 or around $10,000 frequently you are good!
Posted by Kelli218
I used to work for Chase.... You can absolutely deposit all of your money at once.... The bank is required to fill out a special form when anyone deposits over $10,000 because of money laundering and structuring... You do not need to worry! They use the form to watch for patterns of people depositing money... So unless you are depositing amounts over $10,000 or around $10,000 frequently you are good!
Posted by JessNicole7EM
Posted by Kelli218
I used to work for Chase.... You can absolutely deposit all of your money at once.... The bank is required to fill out a special form when anyone deposits over $10,000 because of money laundering and structuring... You do not need to worry! They use the form to watch for patterns of people depositing money... So unless you are depositing amounts over $10,000 or around $10,000 frequently you are good!
THIS
I work for a bank now.
If it's checks the bank won't even need to fill out the form - it's only for over $10,000 in cash.
