Thus controls on large cash transactions
led holders of hot money to divide it into multiple deposits below the threshold - so-called smurfing - which meant smaller transactions had to be scrutinized too.
The worldwide market for automating cash transactions
remains virtually untapped.
The IRS is increasing its effort to stop underreporting of income from cash transactions
Also, there's no tax break; the IRS views bartering as cash transactions
Title 31 of the United States Code, commonly referred to as the Bank Secrecy Act, aims to make it easier for the government to trace and attribute cash transactions
DCI offers BSA Navigator as a solution to capture, aggregate and monitor the reporting of large cash transactions
and suspicious cash activity across branch networks directly at the teller line.
Till now, they were remitting through cash transactions
One incidental issue cropping up is the very large number and amounts of cash transactions
in the system.
In view of rising cash transactions
in wake of economic growth of the Sultanate, the bank has cautioned that physical handling of cash is a security risk for all concerned.
Collectively small businesses in the North-East could claw back more than pounds 8m on cash transactions
alone if they chose to shop around for lower charges.
7 seconds it takes for credit card and cash transactions
People spend more than pounds 80 in nearly a quarter of all cash transactions
despite the growth in using credit and debit cards to pay for things, research showed yesterday.