In the US it's a felony to deposit/withdraw smaller amounts with the intent to evade the reporting requirements. Given that law, even transactions under the limit could be seen as suspicious, especially if they all happened in a short period of time.
So let the bank generate a SAR and waste some FinCen analyst's time. It's still none of their business why I want cash and I've never heard of any US bank requiring explanations for withdrawals. This isn't comparable.
In the US it's a felony to deposit/withdraw smaller amounts with the intent to evade the reporting requirements. Given that law, even transactions under the limit could be seen as suspicious, especially if they all happened in a short period of time.
So let the bank generate a SAR and waste some FinCen analyst's time. It's still none of their business why I want cash and I've never heard of any US bank requiring explanations for withdrawals. This isn't comparable.