I was a millionaire for a year

[dahamsta]

No. Any transaction over €10,000 is automatically suspect.

I was just about to add that transations over that amount, assuming it's still that amount - have to be reported, when it occured to me that I actually don't know where they have to be reported to. Anybody?

[Block G Raptor]

First Active have a €7k money laundering Audit where by all transactions of 7k or more are subject to investigation.ie background check by the Gardai

[Drumcondra Red]

Any large cash transaction in a bank should be followed by the teller filing a money laundering form to be followed up by the Gardai, when I used to work in a bank it was anything from 1000- 1500 upwards, but then it was up to the individual and not the bank to fill in these forms and very few tellers bother their arses

[Magicme]

So thats were my spare change went....that money was for upgrading the showers at CHP to stop us getting fined!

[Peadar]

I actually don't know where they have to be reported to. Anybody?

You should make the report to the Gardai and the Revenue Commissioners. All credit institutions have some system in place where they can process a report internally. It's not like they have to walk down to the local nick during their lunch break.

By the way, it is an offence for a credit institution, its directors, employees and officers to fail to make a report as required by the Criminal Justice Act 1994. Such an offence is punishable by imprisonment for a term of up to five years or a fine, or both.