I will be traveling throughout Europe for a prolonged period of time. How much can I withdraw from the bank at one time, or how many international money orders can I buy without the bank having to alert the IRS?
Banks are required to report cash transactions in excess of $10,000. This requirement is to help detect money laundering and terrorist financing. An occasional large transaction will not cause you problems. When you travel, U.S. Customs has similar requirements for reporting cash leaving or entering the country.
What is very suspicious is the unemployed person depositing $25,000 every week, and wiring it to a foreign country, as an example. You really shouldn't travel with excess cash for safety reasons. Credit and debit cards can help you in your travels and relationships with banks having overseas branches can also work in your favor.
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Banks are required to report cash transactions in excess of $10,000. This requirement is to help detect money laundering and terrorist financing. An occasional large transaction will not cause you problems. When you travel, U.S. Customs has similar requirements for reporting cash leaving or entering the country.