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Thread: Suspicious Activity Reports to the IRS when buying or depositing money orders.
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Old Jun 12, 2014 | 9:45 pm
  #857  
USFishin
 
Join Date: Nov 2013
Posts: 77
Originally Posted by mster
I spread MO deposits around since banks are always closed after work hours and I generally don't deposit >3k into ATMs to avoid more funds being locked up if a hold gets placed (light ink, general suspicion, etc.).

Does anyone else feel comfortable with large MO deposits into ATMs like that? Any other day jobbers / working stiffs have a good MO for MOs?
I've been making large MO ATM deposits regularly approx twice a week for the past 10 months or so. I've never made any deposits in person, just at the ATM. I've never been questioned or had any issues and they're usually cleared within 24 hours. I've done a lot of reading on these forums and there seems to be no consensus, rhyme, or reason as to what triggers the banks and what they just look past and don't bother with.
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