Concerns regarding wire transfers

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I have heard that if you wire transfer money (some say more than $800, some say $10,000) back home, you are noted by fed and that could cause a potential delay on your future greencard/citizenship application. How true is this? I tried looking up with the amount is and cannot find anything related to this via google. Anyone knows?

Zephyr1 · May 11, 2009 11:48 AM · 14,547 views

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Not sure. I once sent 40G's about 6 years back no problem so far. Even got GC last year.

grgDai · May 11, 2009 11:54 AM

This, at the best, is your typical Gorkhe paranoia. Yes, the financial institutions do have to file transactions exceeding certain amount (I think it's 10K) originating from a given individual with the government. The reason for such a regulatory requirement is to keep track of funds movement that may end up financing terrorism related activities. It would be a serious waste of government resources if they waste time/money tracking personal information as such for greencard processing.

newlynew · May 11, 2009 1:38 PM

newlynew, I do realize that i am being paranoid but once you hear these things, you feel like you better ask, so i asked. thanks for your comments.

zephyr1 · May 11, 2009 5:42 PM

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