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Originally Posted by jadester714 I need to be able to accept around $50,000 a month | Quote:
Originally Posted by jadester714 Define too fast or too much money? | If you are trying to accept 50K a month into a few bank accounts and then move it out into different accounts that will look like money laundering to the bank in a heart beat.
It will look like money laundering to the Federal Government also.
You really need to re-think your Paypal situation and get AWAY from Paypal.
Get a Merch Account.
Get a small Merch account. Run 20K-30K a month through it to start off.
If you do not have a business license you are going to get tagged for money laundering.
Remember the US Government watches bank accounts these days. Since the Patriot Act went into effect.
They track the movement of large sums of money through the banking system.
Do not come back here and say you were never warned.....
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