Went to make a deposit to First Citizens Bank two days ago. The amount was less than $500. The tell asked for my ID. I got pretty loud and asked what she needed it for. She stated they are now required to document every single cash deposit.
I believe it's time to stop using banks. Hmmm I wonder what those new 87,000 IRS agents will be up to...
Perhaps it is because of cryptocurrencies that they have to implement new measures- to be on the look out for structured transactions, 'mules' making small deposits across multiple accounts, - look, im no pro. lol