Quote:
Originally Posted by Raekwon
Came to say the same thing, they actually have local mules that take a cut to do pickups and send cash etc.
Large sums are questioned to audit against laundering and terrorist funding etc. $8,000 seems low I would assume they wouldn't ask until at least 10k.
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I thought the rules were $10k minimum. Anything under that they're not supposed to require a report.
However, thats usually restricted to deposits. If the money is already within the banking system then what should they care how much you withdraw?
Especially because according to Pylon's story they offered him other methods of funds transfer in the form of a cashier's cheque or a certified cheque.
So they're not concerned about the legality or purpose of the money it looks like they're just trying to sell products.
Because walking up to your bank and withdrawing $8k...the bank doesnt make any money. It actually costs them because they have to replace that $8k in cash.