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Traveling with Currency

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Post by starship1 Mon Jun 27, 2011 2:23 am

On tonight's Dinar Dewey & company CC one of the speakers stated that is was illegal to cross state lines with more then $10K in cash. I do believe this is erroneous information. If my memory serves me correctly,there is no limit on the amount of cash that once can carry in the United States. It is only if you are traveling internationally and I don't believe carrying more than $10K is illegal even in those circumstances, one just has a duty to declare it. If you are flying and you have your dinar in a carry on bag, you can request of TSA at the airport a private screening so that you won't be exposed to others with your currency. But, one can carry as much cash as one wants in the US.

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Post by drizz Mon Jun 27, 2011 6:50 am

You're correct!

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Post by Bikertrash Mon Jun 27, 2011 11:47 am

You are correct. The $10k number is travel outside the US.

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Post by candidinar Mon Jun 27, 2011 2:43 pm

Is it safe to travel by air with your Dinars to cash in after RV??

I had heard earlier that Homeland Security will confiscate it!!

:?: :shock:

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Post by 1alaskan Mon Jun 27, 2011 3:20 pm

candi,

No one really know what TSA will or will not due. I depends on airprt location, ie...are there losts of international travelers in that location bad mood day, too busy checking 90+year old underpants ect... Anything is possible with the Government, don't think so, just read the headlines.

But, some of us live in areas that require air travel to cashin in safety, Alaska, as far as our research here, as we only have one of the big four (WF) and the do not & will not have a DeLaRue machine here as last information. So to be safe we must fly as driving is possible if you fill out the forms UST/IRS/TSA require and not real safe as it is a 2-4 day trip thru Canada.


The websites for UST/IRS/TSA have zero infomation on traveling in country with large amounts of cash, one thing is that none of them define "large amounts". No where do these sites even mention one word about traveling town to town, state to state with "large amounts" of cash. Only international travel with 10k+. Some of the problems flying that could arise is at the TSA security checks in Airports and travel to your chosen place of cashin. Rumor has it one of the Dinar dealers may have cashin locations inside of selected airports. Another has scheduled locations about 5 miles or less from Airports.

So IMHO the best is to either trust your local bank to forward your dinar for checking it, and hope they don't screw up something. OR tavel very quietly with a someone your trust with you and try the TSA behind the curtin search OR travel very loudly with cast of people, not recomended. OR charter private travel, (airplanes can be rented) and be very quite even then.

These options are not the only ones but some we have been kicking around up here north of sixty. Just do a little research and don't cash in first day, check sites like this one and read first hand accounts as what is happening in your area and then you should have a better handle on things to come and what you might want to do.


This is just the first problem some folks will have in handling the new found wealth and it may turn out for some it will be much harder to hang on to it that it was getting it., sad, but true as we have all heard of the "lotto effect"



Hope this helps,

Sooner is Better
North of sixty


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Post by globalbiz Tue Jun 28, 2011 8:55 am

I have traveled many years, often with fairly large amounts of cash and/or jewelery. All I have ever done is have proof I am the owner or representing the owner. Once arriving at the airport security area I request a private screening and a supervisor be present (it may be good to have a friend with you as well). Once in the private room area tell them what you have, provide proof and answer any questions they may have. It will be OK. Same is generally true internationally as well.

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