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djean111

(14,255 posts)

3. As matter of fact, you can take out all the cash you want; the bank just reports anything over

Reply to 1939 (Reply #1)

Wed May 13, 2015, 09:24 AM

May 2015

$10,000 to the IRS, and the IRS may come around to see what you are up to.
People carry around sums bigger than that. I believe he was targeted because he is black, and I also believe that the civil forfeiture thing has gotten corrupted beyond repair. Our new Attorney General, Lynch, seems to love civil forfeiture, so it is not going away any time soon.

http://finance.zacks.com/federal-banking-rules-withdrawing-large-sums-cash-1696.html

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6 replies

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DEA Steals $16,000 In Cash From Young Black Man [View all] jberryhill May 2015 OP

Not sure of the rules domestically 1939 May 2015 #1

There is no internal limit. Erich Bloodaxe BSN May 2015 #2

As matter of fact, you can take out all the cash you want; the bank just reports anything over djean111 May 2015 #3

And there is no limit on the amount of cash you can get in one bank transaction . ret5hd May 2015 #4

There is NO LIMIT to the amount of cash you can take in and out of the country jberryhill May 2015 #5

This law is disgusting. MosheFeingold May 2015 #6