I sell used tractors and fairly often deposit more than 10k... The bank simply asks questions to put on an electronic form and everyone is happy. Its not a big deal, just a few more questions. I did get a call from the bank HQ eventually wanting to know why the multiple cash deposits as I had tripped some kind of alarm... I simply told them what I did and they marked me down.. And life goes on... Still get the questions about what the money is far when over 10k.. I dont try to hide it and I especially dont break up the deposits as that can be a crime in itself.
Lots of "low credit" folks and lower income folks deal in cash and its just a way of life.
Selling a tractor and getting $15k in 20s and 10s is a bit scary when the stack of bills is over a "foot and half" tall even today. I dont want to be known for having money around the house, to it goes to the bank asap.
Oddly I never carry more than $50 bucks in my wallet????????
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Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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