im building my account close to 10k the book im at min bank wire payout is 10 k max 25k i thought i heard any transaction over 10 k gets reported to govt im a little worried about that maybe this option is better for non us residents anybody get a big bank wire from usa any issues
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im building my account close to 10k the book im at min bank wire payout is 10 k max 25k i thought i heard any transaction over 10 k gets reported to govt im a little worried about that maybe this option is better for non us residents anybody get a big bank wire from usa any issues
they said 10k is the min, i asked about doing 5k or 8k, they only do 10k-25k, it must be for non us players because i'm not taking a risk with a 10k wire
they said 10k is the min, i asked about doing 5k or 8k, they only do 10k-25k, it must be for non us players because i'm not taking a risk with a 10k wire
I work for a bank...the GOV'T is informed anytime you take 10K or more out on a withdrawl from any liquid asset account. A deposit, bank wire, etc.... IS NOT reported to the Federal Government. I myself deposited a 43K check into my checking account won by betting no questions asked and this was 2 yrs ago. YOU ARE FINE to do any bank wire without fear the government will get you.
I work for a bank...the GOV'T is informed anytime you take 10K or more out on a withdrawl from any liquid asset account. A deposit, bank wire, etc.... IS NOT reported to the Federal Government. I myself deposited a 43K check into my checking account won by betting no questions asked and this was 2 yrs ago. YOU ARE FINE to do any bank wire without fear the government will get you.
[Quote: Originally Posted by wkufan] I work for a bank...the GOV'T is informed anytime you take 10K or more out on a withdrawl from any liquid asset account. A deposit, bank wire, etc.... IS NOT reported to the Federal Government. I myself deposited a 43K check into my checking account won by betting no questions asked and this was 2 yrs ago. YOU ARE FINE to do any bank wire without fear the government will get you. [/Q.......
REALLY???? NO questions where you got $43K??? Just WOW, nice check it should be available in 3 days.....
[Quote: Originally Posted by wkufan] I work for a bank...the GOV'T is informed anytime you take 10K or more out on a withdrawl from any liquid asset account. A deposit, bank wire, etc.... IS NOT reported to the Federal Government. I myself deposited a 43K check into my checking account won by betting no questions asked and this was 2 yrs ago. YOU ARE FINE to do any bank wire without fear the government will get you. [/Q.......
REALLY???? NO questions where you got $43K??? Just WOW, nice check it should be available in 3 days.....
Yes there are no questions asked by the bank for any deposit amount. You are only obligated to fill a form out if you take more than $9999.99 out at once in cash. Depositing any amount is not government knowledge. I used to work for a family business where we had to have cash on hand daily to pay customers. Every day we took $9900 out to avoid filling any paperwork out. We made huge deposits all of the time ($100,000 or more) into personal and business accounts. Believe me a wire amount of any amount is not reported to the goverment. I work for a bank now also and have done so for the last 3 years. I'm not a teller but I know this is true.
Yes there are no questions asked by the bank for any deposit amount. You are only obligated to fill a form out if you take more than $9999.99 out at once in cash. Depositing any amount is not government knowledge. I used to work for a family business where we had to have cash on hand daily to pay customers. Every day we took $9900 out to avoid filling any paperwork out. We made huge deposits all of the time ($100,000 or more) into personal and business accounts. Believe me a wire amount of any amount is not reported to the goverment. I work for a bank now also and have done so for the last 3 years. I'm not a teller but I know this is true.
Frightening is right... not picking a fight with you wkufan, but your commentary/advice is unsound. You are using family business as well as extremely out of date examples. I assure you that your large transactions were checked out at least once behind the scenes, Just because you are not aware of it happening does not mean it didnt. Secondly, as of the late nineties agencies have taken measures to deal with the $9999.00 situation.. mandate being that if a US account shows repetitive transactions around 5k or more it will attract attention for possible structuring... structuring is a felony. Wkufan, they probably saw that it was family business related and that you and your family was on the up and up. If you did run into a problem it could be easily explained. This guy is screwed if a real inquiry is made, so I suggest listening to money2thebank and stick with 2.5k increments. That financial window is probably the most safe when dealing with wires..
Frightening is right... not picking a fight with you wkufan, but your commentary/advice is unsound. You are using family business as well as extremely out of date examples. I assure you that your large transactions were checked out at least once behind the scenes, Just because you are not aware of it happening does not mean it didnt. Secondly, as of the late nineties agencies have taken measures to deal with the $9999.00 situation.. mandate being that if a US account shows repetitive transactions around 5k or more it will attract attention for possible structuring... structuring is a felony. Wkufan, they probably saw that it was family business related and that you and your family was on the up and up. If you did run into a problem it could be easily explained. This guy is screwed if a real inquiry is made, so I suggest listening to money2thebank and stick with 2.5k increments. That financial window is probably the most safe when dealing with wires..
If this deposits were recurrent which is not the case, unfortunately that is the reality of gambling I agree, it would set a red light, you can comfortably do 10 15 or more thousand dollar deposit to your account
5-6 a year is no problem at all coming from outside the US I do it as i Have a business outside the US,
If a 10k deposit a month was an issue how would we get paid our salaries in the event you earn 150k or more plus bonus etc...
The gov. is more focused on patterns related to bigger amounts and to continued same deposit same with-drawl in a daily/weekly basis money laundering etc..
Deposit the 10 K it is safe don't take them out keep them and spend accordingly
Hope this helps
If this deposits were recurrent which is not the case, unfortunately that is the reality of gambling I agree, it would set a red light, you can comfortably do 10 15 or more thousand dollar deposit to your account
5-6 a year is no problem at all coming from outside the US I do it as i Have a business outside the US,
If a 10k deposit a month was an issue how would we get paid our salaries in the event you earn 150k or more plus bonus etc...
The gov. is more focused on patterns related to bigger amounts and to continued same deposit same with-drawl in a daily/weekly basis money laundering etc..
Deposit the 10 K it is safe don't take them out keep them and spend accordingly
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