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 ...

Americans who live and do business in those ZIP codes—estimated to be more than one million Americans—will be reported if they spend more $200 in cash on items like money orders and traveler’s checks.

Infinox Capital has been fined £99,000 by the watchdog for failing to submit 46,000 transaction reports between 1 October 2022 and 31 March 2023. The UK Financial Conduct Authority (FCA) has served ...