(Topic ID: 301713)

Paying Cash with these Prices

By mrm_4

2 years ago


Topic Heartbeat

Topic Stats

  • 215 posts
  • 93 Pinsiders participating
  • Latest reply 2 years ago by sbmania
  • Topic is favorited by 7 Pinsiders

You

Linked Games

No games have been linked to this topic.

    Topic Gallery

    View topic image gallery

    7518C8CC-D0C3-4359-866D-B8A8D46D7A10 (resized).jpeg
    AA089292-EBBB-47DB-8F00-194F0E6A219F.gif
    F44D88B0-2268-447E-8500-6C9C607B85C3 (resized).jpeg
    33784A0E-E4B4-429E-8547-6C0358208E7B (resized).png
    40FE3866-BADC-47A7-9662-4440454E4A81 (resized).jpeg
    tumblr_mabl41vhBV1rwjkq4o1_1280 (resized).png
    018D1EC2-F0F0-4AD5-9407-0AD446809768 (resized).png
    8CAB7BEF-065E-4FEF-8AD7-AD2D4515E493 (resized).png
    kaboom (resized).jpg
    66AEB27C-43A6-42F3-81C4-72A4C5540E6D.gif
    2e025217f91d4bbbb39a58ef3126df68 (resized).jpg
    3254B917-2D70-4414-84A6-4C81E7E7E007 (resized).jpeg
    Capture_LE (resized).JPG
    giphy-1.gif
    Snapchat-1474571651 (resized).jpg

    You're currently viewing posts by Pinsider 6S3NC3.
    Click here to go back to viewing the entire thread.

    #34 2 years ago

    I took very large amounts 10k+ without a problem from my bank many times. This is not an issue where I live / my experience. If a bank ever told me I could not withdraw my own money I would close the account and have them write me a bank check for my balances. I did not even know this was an issue for people until now.

    EDIT: ATM withdrawal is a different story. With my bank I can set the max amount ahead of time but there is still a max amount. If I recall it 5k or less. But what do you expect out of a machine.

    #102 2 years ago
    Quoted from gweempose:

    I'm definitely a little freaked out about how much cash is involved now that prices are so high. You sell a couple games and suddenly you're sitting on a shitload of cash. What happens if you deposit all that cash into the bank at once? Does it get flagged, and if so, what exactly does that mean? Does the DEA suddenly come knocking on your door?

    Gweempose! Hope all is well with you and your family. Its been a while. 10k will be reported. It has and still is 10k in a single transaction. A quick google search will confirm this. The most that will happen is you will be sent a questionnaire confirming that the money is exempt from tax. If you answer wrong they can try and tax you on the transaction. They are looking to lower this down to $600 which is a joke.

    You're currently viewing posts by Pinsider 6S3NC3.
    Click here to go back to viewing the entire thread.

    Reply

    Wanna join the discussion? Please sign in to reply to this topic.

    Hey there! Welcome to Pinside!

    Donate to Pinside

    Great to see you're enjoying Pinside! Did you know Pinside is able to run without any 3rd-party banners or ads, thanks to the support from our visitors? Please consider a donation to Pinside and get anext to your username to show for it! Or better yet, subscribe to Pinside+!


    This page was printed from https://pinside.com/pinball/forum/topic/paying-cash-with-these-prices?tu=6S3NC3 and we tried optimising it for printing. Some page elements may have been deliberately hidden.

    Scan the QR code on the left to jump to the URL this document was printed from.