To clear up some misconceptions. When you exchange your currency, many are thinking that they will get a SAR, (Suspicious Activity Report), and have to explain how and where they got the large sum of money. Usually a SAR is filed by the bank if they do not know the source, and the amount is over $10,000.00. This is an International event whereby the banks know exactly how and from where the money came. You have a F&C report not a SAR. A Free and Clear report absolves you from having to explain because everyone knows exactly what is going on. Your account will not be locked up by the feds.
