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Large Money Transfer

Discussion in 'Off-Topic' started by blindfire, Jul 12, 2018.

  1. Yazz

    Yazz NES Member

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    Do it three times.
     

  2. Yazz

    Yazz NES Member

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    And he is bringing his three illegal alien house guest with him!
     
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  3. blindfire

    blindfire NES Member

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    11 day Disney Cruise off of Norther Europe (Scottland, Denmark, Norway, Iceland and back to Denmark). Going 1st class all the way. This is literally our first big vacation since we've been married (25 years). Got a mack daddy cabin with 2 rooms. The works. Really excited.
     
  4. new guy

    new guy NES Member

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    Holy hell that’s expensive.
     
  5. Yazz

    Yazz NES Member

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    Call your credit card company and up your limit.
    Charge it and pay it off.
     
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  6. blindfire

    blindfire NES Member

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    [rofl]
     
  7. mibro

    mibro NES Member

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    I wish you all the best, hope you have a really great time.
     
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  8. PaulR

    PaulR NES Member

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    The most fun is when they are xferring all your retirement money from one trustee to another:

    Beginning balance: $500,000
    Withdrawals: ($500,000)
    Ending balance: -0-

    There's always some holding of the breath until the new statement from the new company comes in. :eek:
     
  9. blindfire

    blindfire NES Member

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    Oh trust me...the Amex upper limit is not an issue for me. They have a tool on their website where you can enter an amount for a hypothetical charge and they'll tell you if they will allow the charge. I got up over $50k before I stopped.

    I think I'll just go with the multiple bill pays as that is what I did when I put the money down on the trip. My bill was over $10k for that month since I put ALL of my bills and expenses on my Amex and just pay that off each month. Their fraud department is really good about stopping anything sketchy. I'd rather the scammers try and nail my Amex instead of my checking account.

    Thanks for the tips gang!

    I will take pics...but this isn't until the summer of next year. Just lining up the financing for it and will have to make the payment early next year.
     
  10. blindfire

    blindfire NES Member

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    I could see the pucker factor there.
     
  11. JayMcB

    JayMcB NES Member

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    My family has a reunion cruise coming up. It is paid for by my mother for her kids and my aunt for her kids. There are over 75 of us going, and the bill was over 110k for them. It adds up fast.
     
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  12. Rob Boudrie

    Rob Boudrie

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    The pucker factor is knowing it is in a client escrow account and you are at the mercy of the attorney until it is transferred to the seller.

    Many of these janitor to janitor retirement transfers are still done by paper check, leaving a few days where you can't see the money anywhere.
     
  13. Wickedcoolname

    Wickedcoolname

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    I'm strictly a cash guy. When I bought my last truck I brought $32K in hundred dollar bills to the Chevy dealership. That caused some comotion! You might have thought I walked in with a severed head in a bag. I think every salesman in the place came by to watch the manager count it.
     
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  14. PaulR

    PaulR NES Member

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    You're a dying breed. Although in my circles I know a lot of old-schoolers that deal in the green stuff. It's really lost on this last generation....or two.
    I like dealing in the green stuff, its just really damn hard to keep hold of.
    The worst is when you hear "sorry I can't break a hundred" :mad:
     
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  15. Jason m

    Jason m NES Member

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    30k, did you buy a third of the ship.

    Jason
     
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  16. Prepper

    Prepper NES Member

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    Wow! Meanwhile, I bought an inflatable kayak for $100, rowed my wife and I around the pond, and that was our boating-related activity. I'm wondering if I am doing it wrong.
     
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  17. mibro

    mibro NES Member

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    My extended family leans more towards a soccer team than an infantry company.

    May the blessings of God's soft rain be upon ye.
     
    Last edited: Jul 15, 2018 at 9:08 PM
  18. FancyGunz

    FancyGunz NES Member

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    My credit union limits ACH transfers to $25k per day. When I was transferring money to make a large purchase I had to move it in $25k increments for a week. That's the largest I've moved at a time, not counting 401k transfers, which are a different story altogether.
     
  19. Varmint

    Varmint NES Member

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    I picked up some in China. They’re kinda tingly.
     
  20. VetteGirlMA

    VetteGirlMA NES Member

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    Why not use a bank check? I tried to buy a car a few years back and wanted to pay in cash but the dealer refused to let me buy the car that way and told me that they would only accept a bank check. I've always wanted to show up somewhere with a big stack of $100 bills and count them out gangster style but in the real world, the plebes can't do this :(
     
  21. Cuz

    Cuz NES Member

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    Damn, you should be using one of those credit cards where they give you cash back for making purchases.
     
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  22. TLB

    TLB

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    I hope you are buying travel insurance!

    Have fun!
     
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  23. m_n_x

    m_n_x NES Member

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    I'm sure if you do transfers of $9999 on three successive days a little light goes on in a basement office of the IRS. That guy must be up to something.
     
  24. Prepper

    Prepper NES Member

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    Yup I was wondering about that. Supposedly this 10k reporting requirement relates to cash transactions, although I still avoid making large successive electronic transactions to the same place. I either transfer it all at once, or weeks pass between each smaller transaction.
     
  25. Dennis in MA

    Dennis in MA NES Member

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    Geez. I transfer, for my own acts and acts of clients, well in excess of $10K all the time.

    DCU not allowing it sounds odd. Maybe PER TRANSACTION. I've had clients that need $150K EFT'd to their bank. Their investment acct has a $100K ceiling so we do 2 transactions.


    I'll say there is a bank in Bristol County that discourages large withdrawals and transfers. It's pretty 19th century. LOL

    As far as being on the .gov radar, really???? Yeah. They're gonna bust in your doors because you moved $30K or 20K or 100K from Bank A to Bank B or paid a bill that large.

    .gov really doesn't give two craps. And the $10K limit has been in place for DECADES. It's creating a S-ton of white noise for them. And withdrawals, it's $10K OR less-than-10K-but-suspicious. Talk about CRAZY amounts of white noise.

    Don't sweat the .gov. F them and the horses they rode in on.
     
  26. swatgig

    swatgig NES Member

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    Why can't you simply mail a check?
     
  27. blindfire

    blindfire NES Member

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    Yeah, I thought of that too. Haven't used paper checks for over a decade for the most part. Odd bill every now and then, but mostly use the Bill Pay from the bank. Don't have to deal with envelopes and stamps. I know...first world problems. :)
     
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  28. dans

    dans NES Member

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    It's the only way to go! We did a Hawaii cruise for our 20th and SIL 35. We got a cabin that was as big as our first apartment and a balcony you play tennis on (well that a stretch, but it was BIG)
     
  29. dans

    dans NES Member

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    So? It's not like you are wiring money to the middle east or south America. It's going to American express.
     
  30. dans

    dans NES Member

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    To be clear, I was referring to DCUs bill payer service. I'm sure he could do a wire transfer for the entire amount.
     

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