Originally Posted by
DakarM
it's anything over 4K or 5K now. you don't have to fill anything out but the bank is required by law to notifty IRS.
This is covered under a Suspicious Activity Report (SAR) for amounts over $5,000. They relate to cash as well and if you are known by your financial institution you can usually get away without any problem. This is a measure to keep in check those who try to avoid the CTRs.