$10k reporting for domestic travel

[beta]

I was traveling through McCarron Airport in Las Vegas and saw a notice saying you have to report anytime you transport more than $10,000.

I saw no verbiage about it having to be international travel.

Are you allowed to fly from one US destination to another without reporting more than $10k?

Also, I sometimes go on cruises and stop gambling just before I have 10k because I don't want to declare it. Can anything negative actually happen from declaring that? I wonder if they enter that info into any databases. One time, my dad handed border protection a blank customs form, and no one even noticed.

[LVBear584]

Where did you see this sign? If you were in the international terminal (T3), perhaps whoever had the sign put up was ignorant of the fact that there are also many domestic flights in that terminal. There is no restriction on cash carried domestically and no reporting requirement.

[Banker]

I have seen these signs in several airports. The signs are put in parts of the terminals that mainly used for international travels. The signs fail to indicate international travel and more importantly they fail to give any instructions to whom and where you should declare.

[Freightman]

Where did you see this sign? If you were in the international terminal (T3), perhaps whoever had the sign put up was ignorant of the fact that there are also many domestic flights in that terminal. There is no restriction on cash carried domestically and no reporting requirement.

I'm sure Bear is correct, and that there are no new laws pertaining to domestic travel. Would not discount the possibility of law enforcement fishing for civil forfeiture leads.

[Ryemo]

Beta,

You should be ok to travel with $10,000+ domestically, without need to declare it. I fly with low to mid five figures pretty frequently and I've never been hassled for it. I make no attempts to artfully conceal my money either, as I don't feel the need to do so. I carry documents with me that explain my need to travel with large sums of cash. Most destinations I fly to are casino towns anyway, so it's never even brought up. The couple times when my bag was searched, they never even bothered to ask how much cash I'm traveling with.

[ZenMaster_Flash]

I travel with low to high five figure cash sums rather often, including this week.

I do not hesitate to repeat my tip, which has withstood the test of time for me.

Simply carry bank receipts showing multiple large recent withdrawals of cash.

It is clearly obvious to even a simple-minded Sherrif's Deputy or T.S.A. agent

that the receipts serve as prima facia exculpatory evidence that there is no

reasonable presumptive expectation that a crime has been committed.


Paging Frank Galvin. Paging Frank Galvin. Paging Frank Galvin.

[lij45o6]

I travel with low to high five figure cash sums rather often, including this week.

I do not hesitate to repeat my tip, which has withstood the test of time for me.

Simply carry bank receipts showing multiple large recent withdrawals of cash.

It is clearly obvious to even a simple-minded Sherrif's Deputy or T.S.A. agent

that the receipts serve as prima facia exculpatory evidence that there is no

reasonable presumptive expectation that a crime has been committed.


Paging Frank Galvin. Paging Frank Galvin. Paging Frank Galvin.

This is a huge assumption that those State Officials are aware of the rules and regs related to FinCrimes and all other US FinLaws.

Civil Asset Forfeiture is still an issue in the United States. I would NOT put it past a minimum wage employee of the Fed to simply take face value to such bank statements.

You are gambling with your money here. Even on the highway, state, local, and county guys are always robbing innocent people blind.

Until the War on Drugs ends, this is the reality of the situation.

[21forme]

Simply carry bank receipts showing multiple large recent withdrawals of cash.

I know many people who have been backed off by their banks for large cash deposits/withdrawals. How have you avoided that?
Personally, like having a chip inventory, I prefer a cash inventory (but be warned, I also know people who have been backed off from their banks for too many trips to the safe deposit box).

[ZenMaster_Flash]

"How have you avoided that?"

For local bank services, including a SIX figure money market
account, I have always useda Federal Credit Union.

My experiences, over the years, have convinced me that they are rather
preferable, on many grounds, to traditional banks.

I am a sort-of minor celebrity (LOL) due to the tellers, at times, being
frankly agog over my sizable cash transactions. They all know that I
am a casino habitue and assume that I am a poker player.

The best way to resolve silly concern re:CTR's is to "anti-structure"
your banking cash transactions. I purposely well-exceed $10,000 on
fairly frequent occasions.