I do a lot of money transfers overseas. Every time I transfer less than $10,000. Does the goverment or IRS know about my transfer transactions?
Untitled
Banks keep records of customer transactions. It's required. Although banks do not routinely report information to the government concerning wire transfers, they do provide information if the government presents a subpoena or other document compelling its release. If your transactions are all legal, you should have no concerns.
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Banks keep records of customer transactions. It's required. Although banks do not routinely report information to the government concerning wire transfers, they do provide information if the government presents a subpoena or other document compelling its release. If your transactions are all legal, you should have no concerns.
