Timeline for Is it suspicious to send $10K via Interac e-Transfer by dividing it into 4 transfers of $2.5K each?
Current License: CC BY-SA 4.0
5 events
| when toggle format | what | by | license | comment | |
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| Jul 5, 2021 at 16:05 | comment | added | Criticizing Israel not allowed | @FiveBagger asking whether something is suspicious is suspicious by itself. But I imagine the OP wants to know whether their account will be locked or police will come to their house. | |
| Jun 29, 2021 at 7:36 | comment | added | Five Bagger | @nanoman Yes, I know, but frankly a bank can report any transaction they regard as suspicious. The OP asked if the bank will "be suspicious" which is an impossible-to-answer psychological question. How do I know what crazy thoughts spin around in the head of the OP's bank manager? The bottom line here is that they CAN report it if they want to, so the best policy is not to screw around using Interac for purposes for which it was not intended, and it was not intended for transfers of the size the OP is wanting. | |
| Jun 29, 2021 at 7:01 | comment | added | nanoman | Doesn't "structuring" apply only to cash (physical currency) transactions? Note that this bank's $3k daily limit for Interac appears to be a policy limit (where larger transactions are simply not allowed), not a "reporting limit" (where larger transactions are allowed but reported). | |
| Jun 29, 2021 at 6:36 | comment | added | RonJohn | If Interac is anything like Zelle, it's the simplest way to send money to family. | |
| Jun 29, 2021 at 6:09 | history | answered | Five Bagger | CC BY-SA 4.0 |