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  2. What Happens if You Deposit More Than $10,000 in Your Bank ...

    www.aol.com/happens-deposit-more-10-000...

    Making a big deposit at your bank can trigger a report to the federal government. Find out what happens when you deposit $10,000 or more. ... Banks are required to report any transaction over ...

  3. 8 Things You Should Know If You Deposit More Than $10K Into ...

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    If you plan to deposit $10,000 or more into your checking account, there are a few things you should consider first. By law, banks have to report deposits that exceed a certain amount. The Results ...

  4. Here's What Happens if You Deposit More Than $10,000 in ... - AOL

    www.aol.com/heres-happens-deposit-more-10...

    You should know that any time you deposit more than $10,000 into a savings account, your bank is required to report it to the federal government. ... even if you make a deposit of over $10,000 and ...

  5. Philippine Deposit Insurance Corporation - Wikipedia

    en.wikipedia.org/wiki/Philippine_Deposit...

    Increase in the maximum deposit insurance coverage from P250,000 to P500,000 [2] Grant of the flexibility to adjust the maximum deposit insurance coverage in case of a condition that threatens the monetary and financial stability of the banking system, subject to the approval by the President of the Philippines

  6. Deposit account - Wikipedia

    en.wikipedia.org/wiki/Deposit_account

    For example, if a bank in the United States makes a loan to a customer by depositing the loan proceeds in that customer's checking account, the bank typically records this event by debiting an asset account on the bank's books (called loans receivable or some similar name) and credits the deposit liability or checking account of the customer on ...

  7. Deposit insurance - Wikipedia

    en.wikipedia.org/wiki/Deposit_insurance

    Deposit insurance or deposit protection is a measure implemented in many countries to protect bank depositors, in full or in part, from losses caused by a bank's inability to pay its debts when due. Deposit insurance systems are one component of a financial system safety net that promotes financial stability.

  8. Depositing $15,000 or More in Your Bank Account? Here's What ...

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    These rules are established by the Bank Secrecy Act. They actually apply to any deposit over $10,000 -- and deposits of $15,000 or more fall within this category. Here's what you need to know, so ...

  9. Structuring - Wikipedia

    en.wikipedia.org/wiki/Structuring

    Structuring, also known as smurfing in banking jargon, is the practice of executing financial transactions such as making bank deposits in a specific pattern, calculated to avoid triggering financial institutions to file reports required by law, such as the United States' Bank Secrecy Act (BSA) and Internal Revenue Code section 6050I (relating to the requirement to file Form 8300).