Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: rvoitier

When you withdraw the money from your bank, unless you routinely move around large amounts of cash, the bank will file a SAR (Suspicious Activity Report) on you. So you will already be on the government’s radar.

If you try to structure the transactions to avoid triggering the reporting, you’ve committed a crime.

As far as taking the money out of the country, you would need to file the appropriate paperwork with whatever customs calls itself now. There isn’t a limit on what you can take out, so long as you fill out the paperwork correctly. Many countries require you to make similar declarations when you enter the country. (And when you leave - you may have to account for the difference).

Looks like you want a FinCin 105:

(PDF Format)

http://www.fincen.gov/forms/files/fin105_cmir.pdf

Of course, the tricky part is tracking down a customs agent when you leave the country.


38 posted on 11/10/2008 7:57:12 AM PST by PAR35
[ Post Reply | Private Reply | To 1 | View Replies ]


To: PAR35
Of course, the tricky part is tracking down a customs agent when you leave the country.

They usually have an office in the freight offices area of the airport complex, assuming you are near an international airport.

58 posted on 11/10/2008 8:24:32 AM PST by savedbygrace (SECURE THE BORDERS FIRST (I'M YELLING ON PURPOSE))
[ Post Reply | Private Reply | To 38 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson