re: BREAKING Joe Schad claiming second autograph broker involved

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Especially since banks put a hold on any deposits over $5,000.

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LOL, no they don't . I routinely deposit checks greater than that with no hold. Now there are times when a bank will hold releasing the funds untul the check clears, in my experience it is over $10k and they hold the amount over what you already have in the bank.

Now, Any cash deposit over a certain amount($7-$10k) require additional paperwork to be signed. This is part of anti money laundering/terrorist laws.