On average, carports cost about half as much as garages. Plan on spending anywhere from $3,000 to $10,000 to purchase and install a carport kit. A small, one-car structure falls on the low end of that price range, while two-car structures can reach the higher end. The average cost of a kit, however, is $5,000 to $6,000.
The Bank Secrecy Act of 1970 requires financial institutions in the United States to assist U.S. government agencies to detect and prevent money laundering. Specifically, the act requires financial institutions to keep records of cash purchases of negotiable instruments, and file reports of cash purchases of these negotiable instruments of more than $10,000, and to report suspicious activity that might signify money laundering, tax evasion, or other criminal activities.
BREAKING DOWN 'Bank Secrecy Act - BSA'. This is not to say that every transaction exceeding $10,000 is documented. The BSA has a list of exceptions that do not require documentation. Government departments/agencies and companies listed on the major North American exchanges are two examples of exempt parties.