What's the highest i can withdraw in cash B4 it triggers a RED FLAG | |
Anonymous Coward User ID: 356512 United States 01/20/2008 05:42 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 103356 United States 01/20/2008 05:43 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 356512 United States 01/20/2008 05:43 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 103356 United States 01/20/2008 05:46 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 355759 United States 01/20/2008 05:49 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 103356 United States 01/20/2008 05:50 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 358511 Belgium 01/20/2008 05:59 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 358526 Slovakia 01/20/2008 06:12 AM Report Abusive Post Report Copyright Violation | take it all out now... who knows, in a month, you might not be able to take out any. 80,000 isnt enough to make them stop you. I tried to take out more than that a few weeks ago and they just closed my account. it is now stuck in limbo. i tried to move it overseas first, and they denied me. then i tried to change it to euros... they denied me again after first saying they could do it. the banks are done. |
Anonymous Coward User ID: 358511 Belgium 01/20/2008 06:17 AM Report Abusive Post Report Copyright Violation | take it all out now... who knows, in a month, you might not be able to take out any. Quoting: Anonymous Coward 35852680,000 isnt enough to make them stop you. I tried to take out more than that a few weeks ago and they just closed my account. it is now stuck in limbo. i tried to move it overseas first, and they denied me. then i tried to change it to euros... they denied me again after first saying they could do it. the banks are done. Thats bull, I got a EUR account, and regularly transfer US$ into it. |
Anonymous Coward (OP) User ID: 357558 Australia 01/20/2008 06:36 AM Report Abusive Post Report Copyright Violation | take it all out now... who knows, in a month, you might not be able to take out any. Quoting: Anonymous Coward 35852680,000 isnt enough to make them stop you. I tried to take out more than that a few weeks ago and they just closed my account. it is now stuck in limbo. i tried to move it overseas first, and they denied me. then i tried to change it to euros... they denied me again after first saying they could do it. the banks are done. So what did you do ? |
Anonymous Coward User ID: 52921 Canada 01/20/2008 06:49 AM Report Abusive Post Report Copyright Violation | There are levels now with not only the IRS but with DHS. Finacial institutions are bound by law to the following reports. CTR* Cash Transaction Report-cash transactions over 10K SAR* Suspicious Activity Report-such activity known as "structuring", designed to avoid a CTR. 5K and up triggers an automatic IRS notification. The people I listen to say no more than 2500 at any one transaction. |
Niccolò User ID: 348129 United States 01/20/2008 06:56 AM Report Abusive Post Report Copyright Violation | There are levels now with not only the IRS but with DHS. Quoting: Anonymous Coward 52921Finacial institutions are bound by law to the following reports. CTR* Cash Transaction Report-cash transactions over 10K SAR* Suspicious Activity Report-such activity known as "structuring", designed to avoid a CTR. 5K and up triggers an automatic IRS notification. The people I listen to say no more than 2500 at any one transaction. DEA is also notified under the same conditions as the IRS. "As nightfall does not come at once, neither does oppression. In both instances there is a twilight where everything remains seemingly unchanged. And it is in such twilight that we all must be aware of change in the air--however slight--lest we become unwitting victims of the darkness." --Justice William O. Douglas "There are three kinds of intelligence: one kind understands things for itself, the other appreciates what others can understand, the third understands neither for itself nor through others. This first is excellent, the second good, and the third useless." --Niccolò Machiavelli "I have promises to keep, And miles to go before I sleep" --Robert Frost :phamask: |
Anonymous Coward User ID: 336915 United States 01/20/2008 06:56 AM Report Abusive Post Report Copyright Violation | I've read as little as $2,500 will trigger a notification. They key is: does it constitute "unusual activity" for you? I hope you don't have any PM's or other valuables in a safe deposit box. The new rules allow HS to 'observe' any withdrawals. Can you prove when, where and how you got it, if you do? |
Anonymous Coward User ID: 358544 Italy 01/20/2008 07:01 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 312069 United States 01/20/2008 07:02 AM Report Abusive Post Report Copyright Violation | |
The OP User ID: 357214 Bolivia 01/20/2008 07:04 AM Report Abusive Post Report Copyright Violation | Multiple daily withdrawals of $5,999 or less will not trigger the flag. $6,000 does trigger from what I have read. I will see if I can find a link for ya. Quoting: Anonymous Coward 103356If the limit was really 6000 then getting 5999 would be the most suspicious thing to do ever... |
Anonymous Coward User ID: 343187 Canada 01/20/2008 07:16 AM Report Abusive Post Report Copyright Violation | Here in Canada the magic number is 10.k.. you walk up to the teller and slide her the withdrawal slip & it's like the whole lot of them instantly gasps for air. The teller usually flips the slip over like there's some kinda ransom demand on the back.. by the time the two security guards finish blocking the entrance, a manager pops out of nowhere. "Is there a problem here.." |
Anonymous Coward User ID: 358551 Slovakia 01/20/2008 07:35 AM Report Abusive Post Report Copyright Violation | take it all out now... who knows, in a month, you might not be able to take out any. Quoting: Anonymous Coward 35851180,000 isnt enough to make them stop you. I tried to take out more than that a few weeks ago and they just closed my account. it is now stuck in limbo. i tried to move it overseas first, and they denied me. then i tried to change it to euros... they denied me again after first saying they could do it. the banks are done. Thats bull, I got a EUR account, and regularly transfer US$ into it. It is not b.s. It was a lot of money. i transferred 500,000 to europe no problem. then i tried to do more in a second transaction. they lied to me for 3 days and then said that they couldnt do it. i then asked for it to be transferred into euros. the day beofore they had given me a quote for the exchange. then after talking with the government or whomever, they came back and said they couldnt do it. I was pissed... they ended up just wiring the money back to my brokerage account without my approval. there was 375,000 left in the account which i tried to take out in cash. the next thing i know, my account is closed down and the money is stuck there. they said they would transfer the rest back to the brokerage account, but it hasnt been done yet. The bank is key bank. |
Anonymous Coward User ID: 357707 Norway 01/20/2008 07:40 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 358551 Slovakia 01/20/2008 07:49 AM Report Abusive Post Report Copyright Violation | |
Dr Mubungu User ID: 358541 Sweden 01/20/2008 08:01 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 358551 Slovakia 01/20/2008 08:06 AM Report Abusive Post Report Copyright Violation | hmmm... nigeria? that sounds intriguing... good investment opportunity there, i bet. but seriously, the limitations the banks are putting on people is matching the problems that you see in the news. I dont think the banks can save themselves anymore. the only question is how the transition to a new system is going to work and what the new system will look like. |
Anonymous Coward User ID: 18243 United States 01/20/2008 08:07 AM Report Abusive Post Report Copyright Violation | Unless you are into some kind of illegal activity I would say screw them. Take out 10 grand or whatever and take it to another bank and if you get a call etc. tell them it's none of their damn business and then hang up on them. People are too scared today and we need to stand up to the government. :-) |
Anonymous Coward User ID: 358551 Slovakia 01/20/2008 08:27 AM Report Abusive Post Report Copyright Violation | totally legit. it isnt so easy. all the banks are connected. now that I am "flagged", it will be even harder. you think the money is yours, then you try to do something with it, and you find out that it isnt really yours - it is theirs. |
Anonymous Coward User ID: 358544 Italy 01/20/2008 08:30 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 358544 Italy 01/20/2008 08:32 AM Report Abusive Post Report Copyright Violation | I'm from Nigeria; you could transfer 80.000 USD to our bank with great interest...I'll send more details to you by mail! :-) Quoting: Dr Mubungu 358541Ah yeah I am Dr. Mabongo also I have a few millions dollars that need an account do you want please to take them?. thanks Dr. Magunga prime mininster of Nigeria |
Anonymous Coward User ID: 322602 United States 01/20/2008 08:34 AM Report Abusive Post Report Copyright Violation | When banks get your money in their possession, they invest it and make money off your money, so when you want your money out of their Bank, its really not there anymore, so they tell you it can't be withdrawn until blaaaa, blllaaaaahhhh ...actually, until the investment earns your money back again. Quoting: Anonymous Coward 312069Guess what, they can multiple your deposit and loan out 10 X that much. Yes folks if you have 10,000 in the bank, the bank can loan 100,000. Its called; "fractional reserve banking." Where does it all end. pretty much where we are right now, swirling the boil at light speed!! |
DC is full of crooks User ID: 17410 United States 01/20/2008 08:49 AM Report Abusive Post Report Copyright Violation | Banks are a joke these days my grandpa use to pay everything with Cash, Car's, Houses. I remember one time back in 1965 he and my father bought a House in South Jersey with cash, forget that now! because they think your some kind of criminal if you got a bag with 10k in cash or more. |
Anonymous Coward User ID: 39024 United States 01/20/2008 09:27 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 39024 United States 01/20/2008 09:29 AM Report Abusive Post Report Copyright Violation | |