Originally Posted by
jan_believes
I can only speak for myself and I purchase under the radar <$1K MOs. I deposit them among three institutions where I have banked frequently. All major players and I use their ATMs.
Careful. This could be deemed "structuring" if you were every investigated. Better to just deposit all in one bank and tell them what you're doing. Be honest. I walked into my local community bank and told the assistant branch manager I was playing a game with credit cards to rack up points and miles and as a result I'd be depositing large dollar volumes of MO. I said if anyone in the bank ever had any other questions, I'd be happy to answer them.
