Cheapest easiest way to turn $9K cash into a bank check out of town?

[meed18]

@TravelerMSY

I can tell you from personal experience over the years that bank CTRs in the absence of a specific suspicious activity report don’t get anyone’s attention until they’re in the 100s. Nobody is really going to care about selling a car for 10k cash.

It is sort of handy to maintain an account at a national bank or two just to deposit cash on the road when necessary. I always did.

Agreed. Unless you’re in Podunkville at a bank in which no one ever brings in more than $500, a $9,000 transaction is nothing special for a bank. There are casinos in FL. Banks there see huge cash transactions all the time. They wouldn’t treat a $9,000 deposit any differently than a $9 deposit.

[TravelerMSY]

Yep. And the 100s were from a national bank account shared by two unrelated individuals in different states on a blackjack team making big deposits/withdrawals pre and post trip weekly.

Casino CTRs are much less suspicious and pile up in the background by the 100s if you’re a high-roller who uses cash.

Having said that, the OP isn’t wrong to be careful. You only build up a risk tolerance to dealing in cash by building experience doing it. I recall using cash equivalent like travelers checks to get around carrying cash on the road for the whopping amount of $3500 when I was younger, and more experienced people has similar attitudes to me about i being silly at the time.

[gremln007]

Wow, this thread got popular!

But the real question is what happens if a tree falls when depositing the cash into the atm?

[scripta]

@meed18

I’ve never lost one dime to a faulty ATM deposit. Has anyone here had that problem?

Yes. I once deposited a big stack of $20s into a USBank ATM. They’re very old (both the bills and the machine). The ATM ate 3 bills. IIRC, I canceled the deposit when I saw the wrong count, and it spat out 3 bills fewer than I deposited. I then deposited them again in a separate transaction (so if the 3 stuck bills reappeared, they’d be credited to me and not the next person using the machine, but that didn’t happen). I immediately contacted the bank, they opened an investigation, said they found the discrepancy and credited my account. But it could have gone either way, it could have gone to the next depositor, and I wouldn’t be able to prove anything . Needless to say I (1) never went to that machine again and (2) try to avoid depositing old bills at a machine after hours.

[Honkinggoose]

@jaytrader

’ve stuffed $20k in cash into NFCU ATMs over the course of a week.

Years ago, that was called making it rain and they were not called NFCU ATMs.

[jaytrader]

The fact that I know what you’re talking about, generally, and you said “years ago,” makes me feel old.

[atikovi]

Cloud seeding?

[Honkinggoose]

If they were silicone clouds, then that was the ultimate goal.