11 LPT: Pull all your money out of your bank. Preferably get small bills. posted 96 days ago by Chickenwar 96 days ago by Chickenwar +11 / -0 9 comments share 9 comments share save hide report block hide child comments Comments (9) sorted by: top new old worst You're viewing a single comment thread. View all comments, or full comment thread. ▲ 3 ▼ – MasterChef 3 points 96 days ago +3 / -0 2 things with this The banks are required by law to alert the government if you take out $10,000 or more It is also illegal to try and get around this by removing for example $9,999 in a bunch of increments. Felony punishable by 5 years or fines permalink save report block reply ▲ 2 ▼ – deleted 2 points 96 days ago +2 / -0 ▲ 2 ▼ – MasterChef 2 points 96 days ago +2 / -0 yea, feds have been against physical cash for some while now. i just remembered reading about this a few years ago and thinking how stupid it is permalink parent save report block reply
2 things with this
The banks are required by law to alert the government if you take out $10,000 or more
It is also illegal to try and get around this by removing for example $9,999 in a bunch of increments. Felony punishable by 5 years or fines
yea, feds have been against physical cash for some while now. i just remembered reading about this a few years ago and thinking how stupid it is