View Single Post
  #7  
Old 05-09-2007, 10:47 AM
Twistofsin Twistofsin is offline
Senior Member
 
Join Date: Mar 2007
Posts: 181
Default Re: Cashier Asking for ID on large cash outs

All cash transactions over 10k have to be reported to the Treasury Dept. It was explained to me that multiple transactions in a 24 hr period that total 10k qualify so they track large cashouts to make sure someone isn't bringing < 10k to get around this.
Reply With Quote