Had a customer come in to purchase TC's and said she was traveling overseas. She didn’t want >$10,000 as “they would stop her at the border and want her to pay taxes”. While individuals are required to complete
FinCEN Form 105 and not Financial Institutions, would anyone consider filing a SAR based on the customers comments? And being that they attempting to evade reporting, would it be for Structuring? Thanks all……
“Chance favors only the mind that is prepared”. Louis Pasteur