deposit 10kIf you plan to deposit $10,000 or more into your checking account, there are a few things you should consider first. By law, banks have to report deposits that exceed a certain amount. The ResultsThe $10,000 deposit is the minimum Coposit will accept. Prior to settlement, the buyer must pay the balance of the required deposit in weekly, interest-free payments during the construction phase until they hit the required 10 per cent of the purchase price.