What is the most amount of cash that can be deposited into a bank account without raising suspicion?

Question

it isn't illegal money. my husband does not trust banks, so he saves his cashed checks, in his own stash at home. well he gave me $3000 in $100 bills and i wanted to deposit it.

Answer 1

I believe (but I could be wrong) that the limit for any cash transaction in the US is $10,000. Anything more than that they would have to report to the authorities to determine the source of the money.

Answer 2

by law if a bank receives 10,000+ in cash they are required to file a form with the IRS but if the tell feels the transaction is suspicious they can file the form for less. but like you said this is all legal money so it should not be a problem.

Answer 3

I agree with a few of the other postings. Anything above $10,000 and there would be questions.

$3000 isnt enough money to question where it came from.

Answer 4

Although $10k is the number where they have to report it, I believe they have to report any suspicious activity too and not tell you.  You should put money in the bank if it's coming from legitimate enterprise because the chances someone will break into your house and steal money under your mattress is substantially higher than your bank going under and you not getting your money out.   From my experiences with the banking industry, I don't think $3k as a one time event will trigger any suspicions.   For some people, that's a bunch of wedding/graduation/etc gifts.

Answer 5

Others have given you the right answer. Just a one-time deposit of $3000 cash isn't going to raise any eyebrows at all. Even a very minor thing like selling your old used car could generate that much cash. Doing so on a weekly or daily basis might start to draw some interest.