If I deposited $5000 every Monday and Thursday into my savings account (ANZ) will my account get flagged?

4 Answers

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  • Eva
    Lv 7
    4 weeks ago

    If it's cash, there may be a suspicious activity report filed.

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  • Anonymous
    4 weeks ago

    Very possible, they  may suspect you are trying to avoid the $10,000 reporting limit.

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  • JJ
    Lv 5
    4 weeks ago

    Yes, if the deposit is made by cash.  

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  • 4 weeks ago

    If cash, pretty much certainly.

    If you have a genuine source of declared cash income for the $5,000's you would have nothing to fear from an investigation would you?

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