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I can guarantee you that if you start depositing large payments over $10K that your bank is going to report it - it’s required by the law. If the bank thinks y

I can guarantee you that if you start depositing large payments over $10K that your bank is going to report it - it’s required by the law. If the bank thinks you are laundering money, there are going to be investigation. I once unknowingly deposited a fake money order in my checking account. I was naive and I fell for the old “we need to pay for three months rent with this money order and can you refund the difference”. Before I even called the bank once it dawned on me that it was probably fraudulent, the bank had already put a hold on my account. If Apple think you are working in a company that is under sanctions, they are going to verify that you aren’t.

lapcat 4y ago
> I can guarantee you that if you start depositing large payments over $10K that your bank is going to report it - it’s required by the law. What do you mean exactly by "deposit"? These are automatic deposits from Apple or from an employer. A ton of people make >$120K a year and receive >$10K in payments per month. It's not unusual at all. > I once unknowingly deposited a fake money order in my checking account. How is this relevant? There are no fake money orders here. > If Apple think you are working in a company that is under sanctions Again, how is this relevant to longtime indie devs?
- junofan 4y ago
  > A ton of people make >$120K a year and receive >$10K in payments per month. It's not unusual at all. Whether it’s unusual is subject to a Risk Assessment. NACHA happily sells Risk Assessment Workbooks to your bank’s Compliance Department [1]. [1]: https://www.nacha.org/products/ach-risk-assessment-workbook https://www.nacha.org/products/ach-risk-assessment-workbook