People making certain cash transactions of $1,000 or more at money services businesses in parts of Texas and New Mexico may be asked for identification as the federal government expands special financial-reporting requirements along the southwest border. The Treasury Department’s Financial Crimes Enforcement Network, or FinCEN, reissued a Geographic Targeting Order requiring covered money services businesses to report certain cash transactions ranging from $1,000 through $10,000. The order took effect September 3, 2026, and is scheduled to remain in effect through March 1, 2027. The requirement applies only to covered money services businesses in designated ZIP codes—not every bank, store, or financial transaction nationwide.
