4 ms·
As far as I can tell that $10,000 limit was introduced in 1970(http://www.fincen.gov/news_room/aml_history.html http://www.fincen.gov/news_room/aml_history.html
by zimbu668 14y ago
As far as I can tell that $10,000 limit was introduced in 1970(http://www.fincen.gov/news_room/aml_history.html http://www.fincen.gov/news_room/aml_history.html) and never adjusted for inflation. In today's dollars that would be about a $60,000 cash transaction(http://www.wolframalpha.com/input/?i=%2410%2C000+1970+in+2013 http://www.wolframalpha.com/input/?i=%2410%2C000+1970+in+201...)