Can I deposit $40000 cash in the bank?


Can I deposit $40000 cash in the bank? Banks Must Report Large Deposits “According to the Bank Secrecy Act, banks are required to file Currency Transaction Reports (CTR) for any cash deposits over $10,000,” said Lyle Solomon, principal attorney at Oak View Law Group.


What is the best way to store cash at home?

Even within a gun safe, many individuals who store cash will opt to place it in a waterproof container. SureSeal boxes offer a completely sealed container that is both water-proof and smoke-proof.


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