Quoted from mbrave77:Last time i took a bunch of money out or deposited(i forget which) the bank took like 10 minutes and a manager to clear it. So im guessing that transaction got flagged for some reason.
Any large cash deposits/withdrawals require the bank to fill out paperwork and report it to the federal government & IRS.
Attempts to work around that law to make multiple deposits under the reporting threshold can be considered "structuring", which is illegal.
https://en.wikipedia.org/wiki/Structuring
Quoted from mbrave77:Today I sold a game and deposited the cash and the teller actually knew my name before i even got there. So now im wondering if im on some list! Heh.
Large cash deposits are probably quite unusual these days, so your transaction in the bank probably stood out to the staff there.