Thread: Go crazy in here!!!

Originally Posted by Caddieman

What will they do if it RV's I bet they stop!

Why would they stop?

My Chase bank says they will only cash in the equivalent to 5k usd and no more. They will send it to Bank of America to have it exchanged and I should visit BofA. I said, "Are you guys telling me that you don't want my millions in your bank and I am to take my money to BofA?" They said that is correct at this time.

Go figure.

I just wish they had a chase bank near me. Guess I'll check on bank one. They belong to chase now don't they?

Originally Posted by Caddieman

What will they do if it RV's I bet they stop!

Way to much Money to be made for them to just stop after just these little amount of profits from these that have just begun.

Originally Posted by jsfletcher

what about smaller denoms. lets say you have 1k notes can you get a litle bit out without red flags. Keep in mind I have NO PROBLEM paying my due, I will gladly write the check for this. Just trying to minimize the legal way

I'm virtually sure that if you deposit / or withdraw $US10,000.00 [Cash] / or more the bank is mandated to inform IRS . . .

They might also have to report it to Homeland Security . . . and the amount could be less since 9-1-1 . . .

Best . . . RR

I know my bank BofA will not exchange until it is internationally traded. I asked about that a year ago! Maybe I will change to chase!

Originally Posted by RollsRoyce

I'm virtually sure that if you deposit / or withdraw $US10,000.00 [Cash] / or more the bank is mandated to inform IRS . . .

They might also have to report it to Homeland Security . . . and the amount could be less since 9-1-1 . . .

Best . . . RR

But that is all it is for. Not for tax reasons.

Originally Posted by Caddieman

I know my bank BofA will not exchange until it is internationally traded. I asked about that a year ago! Maybe I will change to chase!

Good ideal, But there are some members here on this forum that have been told by BoA when that happens they will exchange. My suggestion is have both. I have heard that with some Institutes Like Chase there is a Cap on what you can withdraw perday from them. I want to say it is under $500,000.00

Originally Posted by neno

But that is all it is for. Not for tax reasons.

Exactly . . . you could have right-offs of US$11,000.00 . . . . such as from your new house . . .

Also for Rondo . . . Believe me . . . if you walk into *Podunk Bank & Trust* . . . with a million Dinar that is worth $1.47M / US . . . they will fall all over their desks and ATM machines to get / & keep / your business . . . even if they have to drive it over three states to a Chase Bank themselves . . .

Originally Posted by RollsRoyce

Exactly . . . you could have right-offs of US$11,000.00 . . . . such as from your new house . . .

Also for Rondo . . . Believe me . . . if you walk into *Podunk Bank & Trust* . . . with a million Dinar that is worth $1.47M / US . . . they will fall all over their desks and ATM machines to get / & keep / your business . . . even if they have to drive it over three states to a Chase Bank themselves . . .

That is so true. One thing My wife and I have done since we have about 10 different Banking Institutes in our town, was to go and open up free checking accounts at some as well as we had saving accounts at two others all ready. We are very prepared for a r/v. As I stated before I am hearing that the Institutes only allow somuch Money you can withdraw from them a day. I have not confirmed that. Now if you are just going to leave it with them in a Credited Account. You can cash in as much as you want. Man this is fun to finally start talking about these kind of things.

Anyways that is it for me. good Night to you all.