We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Large sum of cash
Comments
-
robatwork said:
Herein lies your problem. That answer isn't going to convince anyone in a bank. They have to treat anyone as a potential criminal/money launderer. This answer is something a drug dealer might say.IvanDP said:Just extra cash from what she earned over the years.
You won't be able to pay it in one go. Do you need a car? I'm sure a second hand car dealer would love cash. Nearly every tradesman likes cash. You can buy everything (fuel, shopping) with cash.
I think you will find that the Car trade is covered by Money Laundering regulations also in terms of duty to report
0 -
Secondhand car dealers who take that kind of cash payment are most likely ones that also do not pay VAT and those outlets that disappear overnight.robatwork said:
Herein lies your problem. That answer isn't going to convince anyone in a bank. They have to treat anyone as a potential criminal/money launderer. This answer is something a drug dealer might say.IvanDP said:Just extra cash from what she earned over the years.
You won't be able to pay it in one go. Do you need a car? I'm sure a second hand car dealer would love cash. Nearly every tradesman likes cash. You can buy everything (fuel, shopping) with cash.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.4K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.3K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards