Only when "green" cash is transferred. The paper trail is what they want. It is lower than 10K now...Homeland security must be real busy pushing paper...
Quote from TheStudent:
maybe this multiple payee thing has something to do with the Patriot Act?
I know that banks are required to have safeguards against "smurfing", where you send multiple wires/checks under the reporting limit. I think the reporting limit used to be like $10,000.
