Originally Posted by Kimmykim

In the US, cash or instruments of cash, transactions that are more than 10,000 require a Cash Transaction Report to be filed with the government, including gambling winnings, cashiers checks, etc. There is also a form called the Suspicious Activity Report, which is filed on transactions over 5,000. What exactly constituted suspicious activity is pretty much a mystery to everyone at every bank and to most regulators. I was just reading an article in the business section last week about how the system is now inundated with so many SARS that the government can barely process them all -- basically banks are turning them in right and left in order to make sure they don't allow anything that might be considered suspicious go through without the form...