when will police start investigating the money you put in the bank

my circle limit increased to $3000 and well if i put about $2000 in the bank to buy btc eery month will they start hookin on?


Comments


[3 Points] So_Many_Subs:

Look up suspicious activity reports and Currency transaction records. Unless you're at the tiniest of tiny Financial Institutions, they have programs looking at your transactions and patterns to determine if they need to do anything.


[2 Points] None:

2k/month is not anywhere near the level you need to start worrying about washing cash.


[1 Points] Wingman4l7:

Why would your bank care about regular debits? It'd be regular credits (that aren't clearly direct deposits from an employer) that would get them curious.

Transactions above $10,000 have to be reported, which is the major rule that most people know about. I'm sure that there are other kinds of transactions that trigger a FinCEN Suspicious Activity Report as well.


[1 Points] CookyDough:

https://www.reddit.com/r/DarkNetMarkets/comments/2yw2h6/cryptocurrencyat_what_amount_does_a_bank_look/cpdj2sb

I think $2k a month would be ok. You'd probably need to be able to explain it to the IRS later though. That's $24,000 a year in income (looks like to them) that came from nowhere they know about.


[1 Points] Selectivescammer1:

Unlikely, as 2g every month is low, a lot of people get that deposited in to the accoiunt every month from their workplace


[1 Points] Selectivescammer1:

10k they have to send of a form of, anything below 5k a month and your fine, but always better to build your bank account deposits up slowly over time, but 2k a month does not set off alarm bells


[1 Points] ArcticAG:

Deposit in chunks. Many banks allow you to deposit cash at the ATM as well, which could prevent your from interacting with nosey tellers. You are under 10k so I highly doubt a SAR would be filed. $1000 every couple weeks is believable depending on your line of "work".

Buying BTC from circle every month will likely draw more attention then the deposits. I would suggest getting another bank account in your name or a trusted person's name to split the purchases between.

Obviously the best solution is finding a local seller and paying cash.