Reply To: Structuring Transactions

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James Wade


Thank you. The problem sorted itself out. The gentleman just deposited the funds as that was the only safe thing to do.

What I think you response really says that if you have a prospect with cash who wants to make a large deposit then make it. Anything else is likely to cause potential liability down the road. Best practice for potentials like this is to not keep large sums of cash lying around as this just invites trouble.


Jim Wade