Anonymous
Anonymous asked in Business & FinancePersonal Finance · 1 decade ago

WILL MY BANK ALLOW MULTIPLE ACH TRANSFERS?

WILL MY BANK BE ALARMED IF I HAD ABOUT $25,000.00 TRANSFERRED INTO MY ACCOUNT IN MULTIPLE ACH TRANSFERS IN ONE ACCOUNT AND ABOUT $13,000.00 IN ANOTHER IN ONE MONTH

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  • 1 decade ago
    Favorite Answer

    Multiple ACH transfers are fine. The only time that a red flag appears is cash deposits over $10k.

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  • Anonymous
    1 decade ago

    So many times, I've hoped for a MERE phone call from my bank questioning me on what I do.

    Please announce it to the world if your bank even notices and calls you.

    I wish I had about 100K to transfer around - I am sure they would never call me.

    Note: I transferred 40K for a down payment on a home - they never called me to make sure this was not a mistake.

    /

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  • 1 decade ago

    No, but the FBI will require that you complete form 8300 for each currency transaction that exceeds $10,000.00 or they can have the bank examiner shut down the bank: The form 8300 will ask how you got the funds

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  • Anonymous
    1 decade ago

    I know my body is allowing multiple ACHE transfers.

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