Quote:That is called "structuring" and can result in your account being seized by the IRS:

<a class="bbc_url" href='http://www.nytimes.com/2014/10/26/us/law-lets-irs-seize-accounts-on-suspicion-no-crime-required.html?_r=0'>http://www.nytimes.com/2014/10/26/us/law-lets-irs-seize-accounts-on-suspicion-no-crime-required.html?_r=0</a>

Banks are not permitted to advise customers that their deposit habits may be illegal or educate them about structuring unless they ask, in which case they are given a federal pamphlet, Ms. Van Steenwyk said. “We’re not allowed to tell them anything,” she said.

No sh#*


I have been well aware of that federal law since I first went to work at least 10 years before the patriot act. The bank manager merely asked me if I was aware- to which I replied, "Yes, thanks for your concern".


I don't make a habit of repeated large cash deposits. This was a short term anomaly, and if questioned I could easily provide proof of legality.


It's a non-concern.

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