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Old 03-11-2006, 05:29 PM  
WarChild
Let slip the dogs of war.
 
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Join Date: Jan 2003
Location: Bermuda
Posts: 17,263
Quote:
Originally Posted by TopBucksTrixxxia
Actually, every transaction over $10k has to be reported - as a bank we had to have them fill documents of where the money came from for the RCMP. This means that the dealer will have to sign and report where this money came from.

Also, even if you deposit $2k a day for 5 days & it's not something usual, it has to be reported. Anything that is unusual, they have a right to ask you to sign the document for the RCMP. *This is for Canada at least*
Bank yes, car dealership no.
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