Join Date: Jun 2003
Location: SEA, FLL, Martha’s Vineyard
Programs: AS MVPGold75K, Hilton Gold, IHG Platinum, Pan Am million-miler
Posts: 2,019
Putting amounts of cash and planning it, such as depositing $9800 to avoid a CTR (Currency Transaction Report) is illegal. As someone noted, it is called structuring.
However, if you decide to put a few small amounts in your account every month by you own will, and are not planning to defraud anyone, it's not in of itself a crime.