Banking and Cash Vent...

[MossRoad]

But we all had passports the last few times. Maybe that helps? :confused3:

 

[Industrial Toys]

Sou Crossing. I guess, they asked the purpose of the visit, I said to get this wood chipper, and I supposed they asked if I was carrying cash or taking cash into the country, to which I answered totally honestly. Eventually, they relaxed, and were joking about some movie involving a wood chipper, and I got to see their rack of impressive ARs.

 

[Diggin It]

3) Paypal was just a baby step. As business became more virtual, it was only a matter of time before more virtual "money" came along.

Harassing law-abiding citizens over minor amounts of money may be causing people who otherwise wouldn't be interested, to consider the various digital options out there.

4) Govts increasing efforts to enforce (and harvest taxes from) cash regulations, could accelerate the move to digital currency, potentially beyond their control altogether.

And yet, they do little about gift cards or this silly 'virtual money' nonsense that is almost completely untraceable by design.

Elect me as your next President and I'll outlaw most of that.

 

[Diggin It]

But we all had passports the last few times. Maybe that helps? :confused3:

Yeah, your 'papers'. We never even had to show ID at all back then.

 

[Jchonline]

Its simple just take your money elsewhere.

 

[ultrarunner]

Its simple just take your money elsewhere.

Yep... did that Friday.

It is interesting reading the posts from those with no issues and those that have had problems with cash... both here and in other countries.

 

[Diggin It]

And yet, they do little about gift cards or this silly 'virtual money' nonsense that is almost completely untraceable by design.

Elect me as your next President and I'll outlaw most of that.

Almost as if on cue, reviewing a news feed, I find this:

Terrorists Turn to Bitcoin for Funding, and They're Learning Fast
NY Times | Sun Aug 18, 2019 18:12 UTC

The authorities have begun to raise alarms about a steady uptick in the number of militant groups using the hard-to-trace digital currency.

 

[buckeyefarmer]

Find another bank to do business with. They don't want your's.
I haven't been in a bank in 15 yrs. I use a credit union.

Sold a tractor this past week. Told the guy I wouldn't take a check.
The guy went to the bank and withdrew 7K cash while I unloaded the tractor at his home.

My credit union wants 2 days notice for withdrawl over 1k.

 

[Bird]

It is interesting reading the posts from those with no issues and those that have had problems with cash... both here and in other countries.

My credit union wants 2 days notice for withdrawl over 1k.

I been a member of my credit union for more than 50 years. I know I was a member in 1966. I can't recall ever having a problem with them. If I needed cash, there was a time when it was a bit inconvenient and a longer drive to get to their office, and their nearest office now is just about 20 miles from here.

However, I can get cash from ATMs at QuikTrip with no service charge. I did recently go into one of them and withdrew $750, and I know there used to be (and may still be) no more than 2 ATM withdrawals per day, but that's never been a problem for me.

 

[lilranch2001]

Under CAF, they don't have to prove anything, nor even accuse you of anything. It's up to you to prove your side, if you even get the chance to. There are PDs around the country funding their daily operations that way. Vote me in as President and I'll end CAF once and for all.



I don't remember the last time I had more than $100 cash on me. Everything I do is electronic. If I'm going to a small store that I know doesn't take CCs (like the Amish ones), I'll hit an ATM on the way.

Many employers now will not issue paychecks. All pay is Direct Deposit. All Federal and many State payroll and benefits transactions are Direct Deposit only.

Sort of like supreme court nominees needing to prove they didnt rape someone 30 years ago.....

 

[Howling]

The big banks are getting picky on cash.

A year ago my daughter in DC need money. Took $1000 cash and her account number to Bank of America. They refused the cash deposit. Their policy is only the account holder (with ID) can deposit cash. They pushed electronic transfer app that still would have taken 2-3 days to get her the money.

Never problems with my local bank. Even after merger with another small bank. 13 branches now. Personal, business accounts and mortgage all there. Greeted by name by the tellers. The way banking should be.

 

[Diggin It]

I went to BOA once.

Once.


(Nobody ever gets that reference!!)


I had a check drawn on the same BOA branch. The refused to cash it without a $10 'service fee'.

 

[MossRoad]

Yeah, your 'papers'. We never even had to show ID at all back then.

We didn't either "back then". Been going since the mid 80s. Only the last few years did we need a passport.

 

[buckeyefarmer]

I don't know why anyone uses BOA. B..tards of America...