Originally Posted by
aleck71
My understanding is that CVS self imposed the limit for VRs specifically to avoid having to deal with SAR and other financial reporting. They need DL in order to enforce the limit across the stores. I am not a CVS employee, though, and I doubt you'll be able to find one who knows the reason behind the limit. There are probably a handful of people in in CVS who know it.
I think you are correct and they may be following some FinCEN $5000 SAR threshold. There is also someone in CVS corporate working to identify and track persons that exceed that $5k limit via separate <$1k transactions. Some have been tipped off by the stores about it and others I'm sure were not told.