The Bank Secrecy Act requires banks to file a currency transaction report when a customer makes more than $10,000 of cash transactions with the bank in a single

The Bank Secrecy Act requires banks to file a currency transaction report when a customer makes more than $10,000 of cash transactions with the bank in a single day. "Structuring" aggregate transactions to stay under the limit can get you thrown in jail, and your money seized. That law was passed in 1970. The amount hasn't been adjusted since then. It would approach $80,000 today if it had been indexed for inflation. Don't know about you, but I don't foresee anyone sponsoring legislation to relax these reporting requirements, or otherwise making it easier to conduct private cash transactions with anything but toy amounts of money.