Canada Has Fallen

[dmlfarmer]

You are missing the point there buds. Nobody is stuffing cash in their mattresses.

Doesn’t matter if you stuff cash or carry it across street to aCU or get a draft to deposit somewhere else. If the amount exceeds 10,000 the amount has to be reported by the financial institution that provides it to you. If someone buys an old truck from out back no pauys you more than 10,000 cash it will be reported by any financial services provider if you try and deposit.
But you don’t have to believe me. Go ahead and learn the lesson yourself

[Guest]

you are absolutely right on this DML
but so what , its not illegal to transfer money to a CU?
I'm sure he took a bank note , not cash ????????

[jazz]

you are absolutely right on this DML
but so what , its not illegal to transfer money to a CU?

Report what? Its my right to put my cash in a hole in the ground if I want. taxes have been paid. Fintrac should go for it.

I can pull $10k out a day for the rest of the year. I will switch it to USD just to fck with them.

[Guest]

Report what? Its my right to put my cash in a hole in the ground if I want. taxes have been paid. Fintrac should go for it.

I can pull $10k out a day for the rest of the year. I will switch it to USD just to fck with them.

yep , perfectly legal , but too deep for a lefty
he is confused with money steps to stop money laundering

[flea beetle]

If you think you are avoiding financial scrutiny by pulling large cash amounts out of a bank you are going to find out you have guaranteed to be scrutinized. Banks must report any withdrawals of 10,000 or more to fintrac. As they must report any amount of withdrawals which they suspect will be used unlawfully. And the ema did not start this and these rules continue now without the ema

And it is not just banks that must report. Mandatory reporting of 10,000 or more cash transactions extends to all credit unions, precious metal dealers, casinos, real estate agents, even accountants etc.
I highly recommend going to the fintrac website and learning about the legislation before cashing out. Reply With Quote

This has nothing to do with me wanting to show fintrac anything. It has everything with pulling money out of the bank, because Trudeau lost the confidence of the people in this country.

Let them look. It is all legit transactions. And again, Trudeau will have bankers jumping down his throat for this move…good for him! He can’t freeze my cash when it is in multiple safes on my property!

[WiltonRanch]

If I had money to pull out of the bank I’d be converting it to gold or silver. Screw holding onto depreciable cash.

[flea beetle]

Doesn’t matter if you stuff cash or carry it across street to aCU or get a draft to deposit somewhere else. If the amount exceeds 10,000 the amount has to be reported by the financial institution that provides it to you. If someone buys an old truck from out back no pauys you more than 10,000 cash it will be reported by any financial services provider if you try and deposit.
But you don’t have to believe me. Go ahead and learn the lesson yourself

What lesson? Them watching me pull my legally obtained after tax money out of the bank?

[agstar77]

What lesson? Them watching me pull my legally obtained after tax money out of the bank?

You are living in a fool's paradise if you think you can exist in the modern world with cash. How many people you deal with will take large amounts of cash?

[flea beetle]

You are living in a fool's paradise if you think you can exist in the modern world with cash.

You can't count past 20 or what? It is legal tender, and has to be accepted everywhere.

[agstar77]

You can't count past 20 or what? It is legal tender, and has to be accepted everywhere.

Really fertilizer fuel? Let us know how that works. Machinery dealer will laugh at you.

[flea beetle]

Really fertilizer fuel?

Sure. Why not? And if they are really that deadset against handling that much cash, I can go deposit the cash in the morning, and then make the purchase on my debit card an hour later. Not a big deal.

[agstar77]

Sure. Why not?

Most are hesitant when large amounts of cash are offered.