Term Deposit Interest Rates & Fees

deposit 10kIf you plan to deposit $10,000 or more into your checking account, there are a few things you should consider first. By law, banks have to report deposits that exceed a certain amount. The ResultsIf a customer tries to deposit $10,000 or more in cash, we’re required by law to complete a Currency Transaction Report, Rachael said. This report details the customer’s identity, Social