Originally Posted by cashback

Im going to have to disagree with you on your interpretation of the document. It does says a SAR must be filed if a transaction is over 2K and suspicious.

Then it goes on to say "A transaction is suspicious and must be reported if the Agent knows, suspects or has reason to suspect that the transaction or transactions:

--Designed to evade the requirements of the Bank Secrecy Act, whether through structuring or other means."

"Unusual Activity Monitoring and Examples of Suspicious Activities

Some red flags of suspicious activity may be:

--A consumer conducts multiple bill payment transactions just below relevant thresholds.

--A consumer uses two or more locations or cashiers in the same day in order to break one transaction into smaller transactions and evade the BSA reporting or record keeping requirement.

--The customer returns to purchase additional products in a short period of time (same day, consecutive days, or multiple days in the same week). "

Transactions through MS have the appearance of structuring (although we are not bc WM registers can only split 4x). The transactions are definitely out of the ordinary from normal walmart customers (which makes WM employees suspicious). While none of what we do is illegal, having the feds investigate and question you about your transactions is something nobody wants, innocent or not.

I have done many BPs as well, and I can almost guarantee they have filed SARs. One of the WMs basically treats me like a criminal every time.