A $10,000 bank transaction triggers the government to automatically look into it. Learn what actually happens.

Cash deposits of over $10,000 must be reported to the federal government. You shouldn't have any problems, though -- just ...

The $10,000 threshold was created as part of the Bank Secrecy Act, passed by Congress in 1970, and adjusted with the Patriot Act in 2002. The law is an effort to curb money laundering and other ...

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If you request $10,000-plus in cash, your bank may ask why you need the money. This isn't meant to invade your privacy, but rather to ensure the transaction isn't linked to suspicious activity.

Your bank may have a withdrawal limit, and for larger withdrawals, you may need to order the money in advance. The more money you need, the more likely this is. A $5,000 or $10,000 withdrawal may ...