hooksin

Hi all,

can anyone tell me if you can take, lets say 150k euros cash into a european country ??
any legal probelms ??
can I just walk through with it ??

linked with my other thread on bankruptcy

hooksin

Audi-Boy

WTF have you been up to??!

You've got to tell us now.

davegtt

lmao. dodgy dealings going on here people

Brendan Hughes

In theory yes, but in practice movements of amounts over about 12-15 000 euro will be seriously looked at for money laundering purposes. So you'd better have a watertight alibi.

hooksin

nothing illegal I can assure the moderators.
just having to make changes based on the way the UK is going I'm afraid.
I'm using the "get out now before it all goes t1ts-up" clause

hooksin

hooksin

hello Brendan,

house sale, thats a watertight alibi ?? as it's the truth.
ok then, can I open up a bank account in said country & pay cash into the Uk branch of their operations then ??

Audi-Boy

Just move to the republic of Ireland, much nicer place, less hassle moving money, cheap houses and they'll never find you; who ever may want your blood.

alibi - story/explaination

hooksin

I'm half irish as it happens audi boy......
fancy a complete change of culture though.

Brendan Hughes

Well I sold my house and transferred precisely that much from Ab Nat UK sterling account into a Portuguese bank euro account. Took 3 days and cost £30 (would have been a tenner if I'd wanted to put a bank draft in my pocket and travel with it, but too terrified - that's my life's savings!). No-one batted an eyelid (that I knew of).

hooksin

I appreciate that you can trasfer money via bank BUT that's traceable.
same as a bankers draft....cash is never traceable

Audi-Boy

So if it's above board, why the bankrupcy and dealings with cash?

If it is legit, and TBH I don't care, it's easy to transfer largs amounts of cash to a B/A abroard, taking 150k in cash is quite risky I'm sure you'll agree, oh and they *will* want to know why you are taking that much out of the country, in cash, you won't get through costums without them frisking you.

Go to Ireland, no customs like I say, oh and the fishings good as well!

hooksin

it's definetly legit. there are many different shades of black, this ones light grey

Audi-Boy

Then you have no reason to worry, stick your money in your bank account, they will prolly ask for proof of your house sale for that much cash, and get it sent to you acct. abroard, SIMPLE!!!

hooksin

ok then.....
if you sell your house & take £100k profit & buy a property abroad....
THEN declare yourself personally bankrupt having paid off the mortgauge people....BUT you happen to have 2 large "unsecured" loans & a couple of cc's on the go.....

that's the story....like I said...light grey

foamy

You can use the transfer services of XE.com or, as I did, pre-arrange for a exchange bureaux to expect you to arrive with x amount at a set time. Convert the money into the local currency, then put it into a local bank account - I told them the money was to buy properties and they were happy enough with that, but they do get suspicious if it's over 5000 Euros - in which case, if you have enough time, deposit it on a daily basis to avoid raising any alarm.

hooksin

cheers, will look into that as a possibility

Audi-Boy

Humm, just as I suspected!

Yeh **** the loan companies over, just what I would do/will do when theres nothing around here for me anymore.

Don't know how you will get through customs though, if you get rumbled, it's straight to jail and don't pass go!

How much have you got on loan?

I still say R of Ireland, easy to get very lost, and it's a loverly place to live and you can take the cash in the back of your car and theres no worry of customs!

hooksin

"Don't know how you will get through customs though, if you get rumbled, it's straight to jail and don't pass go!"
no you dont, I can assure you of that

foamy

I walked through out of UK and in though Spanish customs with £40k in my pocket They didn't suspect a thing at either end.

yoza

You will have no problems whatsoever..

Unless your stopped, or robbed.

If your stopped and its all above board, you will face delays whilst answering questions, and whilst they confirm your story.

Are you flying, sailing or other ?

What note denomonation do you expect to take.

What security arrangements are you going to take.(PM me for advice)

When are you going, and can you post a picture of yourself, so I know what you look like.

hooksin

where did you put it then ? surely the frisk &/or scan of your travel luggage woule show this up

hooksin

hopefully no-one on here works for access cc's or purple loans

urban

iTrader: (1)

Audi-Boy,

You should really try it.

The hassle you've go to go through to open what is classed as a "Non-Resident Account"

They're really clamping down on this sort of thing now........It went on for years having said that, including Joe Public to Much higher up country officials

Good Luck.

Shaun

hooksin

all sorted now, paying back at £1 per week for 1378 years

was only a windup, I work for a credit company & was conducting an online survey

cheers

Petem95

Yeah we believe you mate

foamy

There's only one good reason to be seen wearing combat pants if you're not in the SAS...

Either way, the buzzers at EMA didn't go off when I walked through so they had no reason to stop me out of the UK or into Spain....

Steve Whitehorn

iTrader: (13)

LOL Yoza