its in one day, but if you do transactions to avoid the 10K limit it raises a brighter flag....For example if you deposit 8500 and 2000 in two transactions, it raises a flag.
Yes & No... Nobody wants FLAGS. Even if its all legal. Did you ever sit through an audit. Not fun & very expensive.
Does the 24-hour period mean one day such as all day Tuesday or does it mean literally 24 hours such as from 11 am on Tuesday to 11 am on Wednesday?A 24-hour period is 24 hours, not necessarily a calendar day or banking day.