I have heard various rumors about being stopped from boarding a plane due to too much cash on hand. True?
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I have heard various rumors about being stopped from boarding a plane due to too much cash on hand. True?
Don't they have to prove something to take it?Quote:
Originally Posted by cofi
so, among all these lovely posts here, who exactly still thinks we don't live in a police state?????
There is no law regarding how much cash you are allowed to carry. The $10,000 number is how much the bank must report if you make a deposit or withdrawal in cash. (And multiple $9,999 transactions to avoid the report is a crime too).
The problem is that if police find a large amount of cash, they confiscate it - claim that its the proceeds of crime - and make you prove its not.
no the burden of proof is on you to prove you got it legally (sold a car, won it in a casino etc)Quote:
Originally Posted by brokenscout
Not that I've ever had that amount of cash on me but if I did and had to travel with it, it would go in a decent safe that was bolted/welded/whatever to the floor of my truck. It'll stop the immediate confiscation and the chance of a smash and grab.
It is legal to carry any amount of cash, but quite imprudent to do so. The money would be suspected illegal and seized and then you have to hire a lawyer to fight for its return. Banks are required to report all cash transactions of more than $10,000.
Carrying Cash During Air Travel:
There is no limit to the amount of cash that may be carried on any flight, either domestic or international or any other means of crossing the border. The people who are saying that there is a limit on international flights or international travel of any means are not correct -- for international travel arriving in or departing from the US, you may carry as much cash as you'd like; however, any amounts in excess of $10,000 must be declared to US Customs either upon departure or upon arrival.
Interesting, the first thing I thought was why the hell is there a DHS checkpoint in Kansas?
My thoughts exactly! What kind was it- VIPER team?Quote:
Originally Posted by speedysst
http://img.tapatalk.com/d/13/08/22/3ega9u3y.jpg
Eh that's why I make my lab carry my cash. That way if shit does go down, he goes to the clink not me.