Whats the rule of thumb when moving LOTS of cash

[AntMan530]

My friend took about $18k in cash to the bank in a paper lunch bag after selling his car.

He went to the counter and did normal deposit but the clerk gave him a dirty luck.

I'm thinking its because of the paper bag?

 

[jhayx7]

Paper bags are only good for two things:

Take-out and Beer.

 

[tasmanian]

Its not very smart. He should of brought somthing like a briefcase or maybe got a check.

 

[pray4mojo]

briefcase?

 

[Terabyte]

Bullet proof briefcase of course.

 

[Kaervak]

Standard procedure usually includes a trenchcoat and an aluminum attache case, handcuffs optional. Also, a bad foreign accent is sometimes included in the protocol.

 

[Dr. Detroit]

Metal briefcase of course. Preferably handcuffed to him.

 

[pyonir]

Just carry it wrapped in a rubber band. That's the best possible scenario.

 

[thedarkwolf]

I hide it in my butt. Talk about weird looks at the bank.

 

[mpitts]

This begs for a briefcase and handcuffs.

 

[essasin]

Money is money. It's legit so it does not matter if he brought it in a paper bag or a five thousand dollar suitcase, it's still a clean 18k no matter how you look at it. A check would have been nicer but there are no rules against it.

 

[Xyclone]

Originally posted by: thedarkwolf
I hide it in my butt. Talk about weird looks at the bank.

That wasn't even funny.. it just was... ... lol.

 

[AntMan530]

its not a lot of money..but it was a bunch of 5s and 10s in the mix too. Made challenging for the lady to count maybe....

but yeah...a check wouldve been easy, but the guy was afraid itll bounce or something.

 

[Xyclone]

Originally posted by: Kaervak
Standard procedure usually includes a trenchcoat and an aluminum attache case, handcuffs optional. Also, a bad foreign accent is sometimes included in the protocol.

Oceans Eleven much?

 

[AgaBoogaBoo]

I have some friends that raised about $5k in donations for a hospital or fund of some sort. They put it all in a suitcase with a combination lock, locked it, and then took it over. When they got there, they realized they forgot the combination!

They grabbed flathead screwdrivers and hammers and started going at it till it broke right in front of the people accepting the donation

 

[sandorski]

Why not?

The dirty look was the amount of cash. Anything over $10k will cause suspicion and usually requires a Bank to report to Authorities.

 

[Kalvin00]

Originally posted by: sandorski
Anything over $10k will cause suspicion

Not really, it depends on the person, to throw a number out is impossible

Originally posted by: sandorski
usually requires a Bank to report to Authorities.

Over $10K is always, we have no option..

 

[mrkun]

Originally posted by: Kalvin00

Originally posted by: sandorski
Anything over $10k will cause suspicion

Not really, it depends on the person, to throw a number out is impossible

Originally posted by: sandorski
usually requires a Bank to report to Authorities.

Over $10K is always, we have no option..

Which bank do you work for?

 

[EvilYoda]

Originally posted by: mrkun

Originally posted by: Kalvin00

Originally posted by: sandorski
Anything over $10k will cause suspicion

Not really, it depends on the person, to throw a number out is impossible

Originally posted by: sandorski
usually requires a Bank to report to Authorities.

Over $10K is always, we have no option..

Which bank do you work for?

Don't answer, it's a setup!

 

[Kilim]

Heck, during Christmas I used to walk over to the bank with over 10grand in cash constantly. I Manage a videogame store. Had to get the FBI form filled out multiple times. The Pokemon Diamond and Pearl launch was not a joke.

 

[Parasitic]

Originally posted by: sandorski
Why not?

The dirty look was the amount of cash. Anything over $10k will cause suspicion and usually requires a Bank to report to Authorities.

I think it's $5000 or up.
Should've taken a cashier's check. Might have gotten charged $10 or so but $10 isnt much compared to $18k.

 

[mrkun]

Originally posted by: Parasitic

Originally posted by: sandorski
Why not?

The dirty look was the amount of cash. Anything over $10k will cause suspicion and usually requires a Bank to report to Authorities.

I think it's $5000 or up.
Should've taken a cashier's check. Might have gotten charged $10 or so but $10 isnt much compared to $18k.

I had an accounting professor awhile back who had been a regional manager for a commercial bank and he said they're supposed to report any suspicious amount.

 

[intogamer]

You wouldn't have a problem at any bank in Chinatown

 

[imported_Mike]

who pulls out $18k for a car without getting at cashiers check? Drug money FTW

 

[d33pt]

i wouldn't take a cashier's check from a stranger unless we went to the bank together and i watched him buy it. very easy to fake one. $18k of cash isn't much. it would easily fit in an envelope if it was mostly 100's.