Top Post Dawg
- May 27, 2011
- 2005 Jetta GLS Wagon "Cranberry"
No, you misunderstood what I meant. While CURRENT law only mentions travelers checks, currency and money orders, today a debit card has the same power of the travelers checks & money orders. So I was wondering if the government might add debit cards to the reporting requirement if the bank account your debit card is linked has over $10,000 in it. Of course, how could they know without requiring you to plug the debit card into a reader?Unless I have my VW buyback money in the account, that would never be a problem for me! I have the debit card linked only to checking. That limits what someone can raid through the debit card.