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Old Sep 18, 19, 1:35 pm
Join Date: Jul 2018
Posts: 330
Originally Posted by danpeake View Post
$2k does seem rather low to be a problem. Large banks have the manpower (and IT) to detect these things and meet regulatory requirements, small banks are generally exempted from a lot of regulations; it's really medium-sized banks that can't keep up with government regulations in these areas.

Did they really use the term "manufactured spending"?
I agree. I deposit ~$30-40k/ month at my local bank without issue (knock on wood).
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