Was wondering if anyone ran into something similar. I know there isn’t much recourse if you’re using gift cards, but I’m using a rewards debit to purchase MO, so a real bank debit, no split tender.
I recently started doing 8k in one transaction. However, after a few weeks of doing this once/week, I got told by a 20 yr tenured MC clerk to stop (it’s a federal crime bla bla bla). They said the max mo allowed in a visit by the system is 3k. Took the 3k and doing the rest at other stores for now…she has to retire someday.
Yes $3k is usually the daily limit for WU MOs. I had grocery clerks in past tell me I can’t do $2k in MO in one transaction due to it being “illegal” under the Bank Secrecy Act. 😂😂
The $3k limit for cash transactions under the Act doesn’t require any special reporting to FinCen but over $3k does require store to get ID info from purchaser and keep on record…. using a debit card is considered a cash transaction whether a bank or Visa debit card. So with your $8k purchase in one transaction it requires the store to fill out a FinCen form…which it obviously never did. Now that is definitely illegal by store. Keep under the radar by spreading the $8k among different stores.