What's the most cash you ever had on you?

[sdifox]

100k. Was flying to a bank in Montevideo :whiste:

 

[zanejohnson]

~8K, i took a picture and posted it on here a long time ago

countertop covered with 20's

 

[acheron]

I used to work as a bank teller, so rather a lot, though it wasn't mine and some people might have gotten annoyed if I had walked off with it.

 

[Attic]

13k after selling a couple cars before moving. Deposited it slowly over a few months between two checking accounts. No idea about tax laws and was paranoid. Scared the shit out of me too because I just put it in a kitchen drawer. Came home from work and it was gone. Wife hid it...

Zoiks!!!


For me it was $4200. I stuck that shit in my sock then road public transit

 

[Tweak155]

Hm I really don't know for sure, probably anywhere from $2k-$5k and on multiple occasions. I used to keep $2k-$3k at home in a drawer for a reason I can't say.

 

[child of wonder]

Around $5,000 when I sold a car not long ago.

Typically my wife and I carry less than $40 in cash between us.

 

[Exterous]

$0. I have people to carry around my cash for me

 

[Blackjack200]

http://en.wikipedia.org/wiki/Structuring

Relevent language:

No person shall, for the purpose of evading the reporting requirements of section 5313 (a) or 5325 or any regulation prescribed under any such section, the reporting or record keeping requirements imposed by any order issued under section 5326, or the record keeping requirements imposed by any regulation prescribed under section 21 of the Federal Deposit Insurance Act or section 123 of Public Law 91–508—

[...]
(3) structure or assist in structuring, or attempt to structure or assist in structuring, any transaction with one or more domestic financial institutions.

So just to review. The OP could have deposited the full amount, a CTR would have been filled out and sat in a desk somewhere since $10,000 is not really that baller and no one would have cared. Instead, he structured the transaction to avoid the CTR and in doing so broke the law. Pretty fucking intelligent, OP.

 

[s0me0nesmind1]

People still use cash?

This. You're retarded if you use cash. It's nothing to brag about.

Topic should be called "How much do I want to get a gun pointed at my throat?"

 

[echo4747]

$117,360... I remember this amount because I had to count it twice.. at least20-25k was in 20's the rest was mostly 100's and 50's

 

[highland145]

This. You're retarded if you use cash. It's nothing to brag about.

Topic should be called "How much do I want to get a gun pointed at my throat?"

1st I own a mostly cash business. The lights are on and I have coffee. Me being retarded is still up for debate.

2nd Thanks to your government, I'm keeping more on hand than I used to. See my TD Bank thread.

3rd If you're fanning a wad of $$ then you need to get shot in the throat.

 

[Insomniator]

I think $1100 to pay my mechanic.

 

[SlitheryDee]

About 2k or so.

 

[SunnyD]

If I remember right, I think around $3000 give or take.

 

[Fritzo]

I had $19000 in cash on me once after a house transaction Had to move it from one bank to another and it was faster to do it in cash than by check due to the check verification process between third party banks.

I wanted to put the stacks of $100's in a black briefcase with a handcuff like in the movies, but my wife wouldn't let me

 

[z1ggy]

$3300

 

[SunnyD]

I had $19000 in cash on me once after a house transaction Had to move it from one bank to another and it was faster to do it in cash than by check due to the check verification process between third party banks.

I wanted to put the stacks of $100's in a black briefcase with a handcuff like in the movies, but my wife wouldn't let me

Cashier's checks are pretty much good as cash at most banks. I've never had to wait more than two days for the entire balance to clear on one, and they usually have provisions for a greater grace amount (for my bank it was $5000 immediate / remaining balance 2-days on a $46,000 check).

 

[SamQuint]

I think $400-500 I was in Vegas and actually won $400 on a quarter slot machine. This was several years ago when you actually used quarters and money came out of the machine. The light went off on top of the machine and the cashier had to come over to give me my winnings. Gave me 4 crisp hundred dollar bills. It was awesome.

 

[Sonikku]

I know 10k or more is reported to the IRS. I'm going to be more honest, I actually had about $9800 because I knew of the IRS rule. The questions the teller was asking were more curiosity questions.

But I will remember your advice if I am in that situation again.

I'd drop $9,999 just to be a dick.

 

[Sonikku]

$0. I have people to carry around my cash for me

I'll carry your cash for you. ()

 

[cbrsurfr]

Why didn't you just write a check? Or do an electronic transfer? I've never been questioned on one of those methods.

The only time I was questioned was when a mortgage company freaked out when I transferred 30K from an online account to my primary bank. I just had to show that the money existed prior and wasn't a loan of some sort.

 

[highland145]

I'll carry your cash for you. ()

He was admitting that he's on the government teat.

 

[JMapleton]

Relevent language:

No person shall, for the purpose of evading the reporting requirements of section 5313 (a) or 5325 or any regulation prescribed under any such section, the reporting or record keeping requirements imposed by any order issued under section 5326, or the record keeping requirements imposed by any regulation prescribed under section 21 of the Federal Deposit Insurance Act or section 123 of Public Law 91–508—

[...]
(3) structure or assist in structuring, or attempt to structure or assist in structuring, any transaction with one or more domestic financial institutions.

So just to review. The OP could have deposited the full amount, a CTR would have been filled out and sat in a desk somewhere since $10,000 is not really that baller and no one would have cared. Instead, he structured the transaction to avoid the CTR and in doing so broke the law. Pretty fucking intelligent, OP.

Considering I paid taxes on that amount I dont see how I possibly broke the law. I also only had 9800 in that checking account so I couldn't have taken out 10k if wanted to.

 

[Micrornd]

I know 10k or more is reported to the IRS. I'm going to be more honest, I actually had about $9800 because I knew of the IRS rule. The questions the teller was asking were more curiosity questions.

But I will remember your advice if I am in that situation again.

Questions are not always what they seem.

My wife has worked in banking for 30+years and that's just a rule for the maximum minimum amount.
Suspicious answers or multiple or continuing large cash deposits (not easily business explained) can trigger it also for lower amounts.

The real thing to worry about is DHS, any suspicious answers to questions and they are supposed to be notified, regardless of amount.

All this also varies (except the maximum minimum for IRS reporting), depending on the area of the US you are in (think profiling) :sneaky:

 

[Muse]

I think I walked a few thousand bucks from one bank branch to another, a few blocks in my town, paying for a cashier's check be damned!