re: Have you ever sold an expensive item and had someone pay you in $20 bills before?

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That’s misleading. It might be reported if the bank thinks it’s unusual. For instance, if I own a laundromat and deposit $9,900 in hundred-dollar bills, the bank will probably report it. People and businesses often deposit just under $10,000 legally. But it’s only when they do so to conceal illegal activities like terrorism, drug trafficking, or other serious crimes that it becomes illegal.

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Yes of course that’s what I was saying. I worked in a bank branch for several years and people would always think they were outsmarting that rule by depositing $5k one day and $4500 the next or something. It all got reported if it seemed suspicious. Of course we had a lot of business customers that needed to do so occasionally.

One that I remember was a “massage therapy” business. They were bringing in a lot of cash but tried to stagger it. AML team eventually caught on after a few reports were filed. They were doing exactly what I thought they were

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I’d keep the cash in a safe spot and use it throughout the year.

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You can't be serious.

I use to run a lucrative online business before online sales got reported to the irs. I had a PayPal account stacked with money and I'd use my PayPal card at an atm every day to withdraw the maximum $400.

I'd always use the card to buy stuff so I just kept stockpiling cash, all of it in 20s. The cash was for big purchases i couldnt use the card for. Never not once did someone complain about being paid cash in 20s.

For security I had blocks of ice that each contained 10k in 20 dollar bills. Figured a burglar would never find it and maybe it would survive a fire that way.

It was a good run until Obama changed the law and I got a 1099k in the mail for a quarter million from PayPal. Thus was the end of my internet business.

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I would have thought the same thing … but I’ve seen it done in Vegas before… not 21k… but I saw a guy get 10k out of an ATM all 20’s

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I’ll open an account with this bank tomorrow am if you can provide the name

Breaking Bad..$20bills.

Last boat I sold to some coal miner redneck. Gave me $14K in cash and asked me to make the bill of sale for $1. Made him meet me in the parking lot of my bank.