cashing neteller checks

[Poker blog]

I have a neteller check for a little over $9k drawn on Harris Bank in Chicago.

Anyone know if I'll have to fill out any paperwork for an abnormally large cash transaction if I cash this check? I know that it used to be $10k that triggered the paperwork, but that was pre 9/11.

[AncientPC]

Making a bunch of $9k deposits is suspicious too and I believe some banks will monitor this.

I made my deposit broken up in chunks of $3-5k.

[sfwusc]

Tbe bank most report a 10K transaction. They can report anything they want to. They can file out the paper work for a $10 check if they feel like it.

Unless you are trying to avoid taxes or do something else with the money----why try to hide it?

SFWUSC

[carlo]

I believe the 10K is a cash transaction--a check is not the same.

regards,
carlo

[Niediam]

Checks = cash in todays world.

[carlo]

wronggggg

[AngusThermopyle]

[ QUOTE ]
Checks = cash in todays world.

[/ QUOTE ]

And the bank has to fill out one of those forms everytime someone deposits a check in excess of $10K....right.