TSA Detains Man for Carrying $4,700 of cash

[J. J.]

Here is the law:  http://en.wikipedia.org/wiki/Currency_Transaction_Report

I had a problem with a cashier check above the $10K limit drawn on one bank clearing another bank.

[J. J.]

Here is the law:  http://en.wikipedia.org/wiki/Currency_Transaction_Report

I had a problem with a cashier check above the $10K limit drawn on one bank clearing another bank.

That law doesn't make it illegal to carry more than $10,000 in cash.  It just puts a reporting requirement on banks and the likes to report when a customer deposits, withdraws, or in some cases, pays for something with more than $10,000 in cash.  That's a huge difference.

But it also requires you to account for that case (I think it that particular statute).