Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 02-01-2011, 05:42 PM
 
Location: Western North Carolina
8,008 posts, read 10,566,077 times
Reputation: 18814

Advertisements

I have a new "Texting" abbreviation for how I feel about any news item coming down the pipeline involving Charlie Sheen. It's WTHGAS.

You figure it out.
Reply With Quote Quick reply to this message

 
Old 02-01-2011, 05:44 PM
 
5,546 posts, read 9,972,398 times
Reputation: 2799
Quote:
Originally Posted by CoastalMaine View Post
If you were dealing with that kind of number, you should have required a wire transfer or a certified bank check. Either one is cash on the barrelhead.

The problem with the prostitute, is they normally deal with credit cards in advance. This must have been a 'tacked on extra'. lol
What is cash on the barrelhead?
Reply With Quote Quick reply to this message
 
Old 02-01-2011, 05:49 PM
Status: "Mistress of finance and foods." (set 27 days ago)
 
Location: Coastal Georgia
50,083 posts, read 63,445,200 times
Reputation: 92681
I work in a bank and we get a cash shipment once a week. If we got a request for $30,000. in cash, we would most likely not have enough cash on hand unless we had advance notice. We recently had a customer who wanted $50,000. in cash and he had to request it a week ahead of time.
Reply With Quote Quick reply to this message
 
Old 02-01-2011, 05:50 PM
 
Location: Spokane via Sydney,Australia
6,612 posts, read 12,812,122 times
Reputation: 3132
Just another indication that you better have a "stash" somewhere in the event of a SHTF scenario, cos the banks won't have much even if you make it there ahead of the rest.
Reply With Quote Quick reply to this message
 
Old 02-01-2011, 05:54 PM
 
24,834 posts, read 37,231,965 times
Reputation: 11538
Quote:
Originally Posted by Opyelie View Post
Just another indication that you better have a "stash" somewhere in the event of a SHTF scenario, cos the banks won't have much even if you make it there ahead of the rest.
With the exception of a business account, I am done with banks.
Reply With Quote Quick reply to this message
 
Old 02-01-2011, 05:55 PM
Status: "Mistress of finance and foods." (set 27 days ago)
 
Location: Coastal Georgia
50,083 posts, read 63,445,200 times
Reputation: 92681
Quote:
Originally Posted by mistygrl092 View Post
Well, this thread is informative to me. I walked into my branch with a $20K check the other day and they put 75% on hold. Now I understand why.

So thanks for the thread!
Actually, this is a Federal Regulation. A few terrorists have ruined it for everyone. On an over $5000. check that is deposited, $5000, must be available the next day, but anything over that can be held for 7 business days.
Reply With Quote Quick reply to this message
 
Old 02-01-2011, 05:55 PM
 
5,546 posts, read 9,972,398 times
Reputation: 2799
Quote:
Originally Posted by gentlearts View Post
I work in a bank and we get a cash shipment once a week. If we got a request for $30,000. in cash, we would most likely not have enough cash on hand unless we had advance notice. We recently had a customer who wanted $50,000. in cash and he had to request it a week ahead of time.
Wow, good to know. I am with Fidelity in addition to this other major bank. I bet THEY have the money on hand (Fidelity).
Reply With Quote Quick reply to this message
 
Old 02-01-2011, 05:57 PM
 
998 posts, read 1,211,782 times
Reputation: 536
Quote:
Originally Posted by Opyelie View Post
Just another indication that you better have a "stash" somewhere in the event of a SHTF scenario, cos the banks won't have much even if you make it there ahead of the rest.
That is why I have lots of cash plus 50oz of Gold coins & $250oz of Silver coins in my save & various well hidden locations.
Reply With Quote Quick reply to this message
 
Old 02-01-2011, 06:00 PM
 
24,834 posts, read 37,231,965 times
Reputation: 11538
Quote:
Originally Posted by KrazeeKrewe View Post
That is why I have lots of cash plus 50oz of Gold coins & $250oz of Silver coins in my save & various well hidden locations.
I have a friend who has a lot of money in the bank, in a safety deposit box.

I am still thinking about doing that myself.
Reply With Quote Quick reply to this message
 
Old 02-01-2011, 06:07 PM
Status: "Mistress of finance and foods." (set 27 days ago)
 
Location: Coastal Georgia
50,083 posts, read 63,445,200 times
Reputation: 92681
Quote:
Originally Posted by mistygrl092 View Post
Wow, good to know. I am with Fidelity in addition to this other major bank. I bet THEY have the money on hand (Fidelity).
Probably, it depends upon the activity of the bank. However it is very unusual for customers to withdraw large amounts of cash, regardless of the bank. This kind of cash generates Federally mandated scrutiny, so doesn't happen very often. Any bank orders money from the Fed to cover their usual business. Even a very busy bank which keeps larger reserves would probably not want to cash a $30,000 or $50,000 check because it would throw off their weekly reserve of cash.
If the prostitute cashed a $30000. check, you can bet your booty that the bank filled out an IRS form on her. Failing to do so would have huge penalties for the bank. If she only deals in cash, she is downright stupid. She'd be better off to deposit it into an account. It would be far less scrutinized by anyone.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies
Similar Threads

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top