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Wondering what happens if you deposit more than $10,000? When you make a large deposit, banks are required to report it to the IRS. This is part of the Currency Transaction Reporting (CTR) rules, aimed at preventing money laundering. It's nothing to worry about as long as everything is legit! Learn more about the details and what to expect by clicking the link in our bio! #BankingTips #FinancialAdvice #Crediful #credit #financialfreedom #banktips #LargeDeposits | Crediful | Facebook
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