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Unless you're doing it evade reporting requirements. Taking out 100k in currency within a year will look very suspicious -- financial institutions run regular
by oasisbob 14y ago
Unless you're doing it evade reporting requirements.
Taking out 100k in currency within a year will look very suspicious -- financial institutions run regular look-back reports designed to find this kind of thing.
Were a bank officer to ask, I don't think there's any problem with telling the truth, "I'm stockpiling currency, and am contributing to this stockpile on a regular basis to coincide with income."