Forum Discussion
3oaks
Dec 02, 2017Explorer
Chum lee wrote:You got that right! Carrying cash can be dangerous. Not just muggers to worry about but also our so called "honorable" police force as well. Even if later proven innocent a person may never recover their own legally obtained money. Read about it quite often particularly in the border states.
Nothing is for sure these days. IMO, a wire transfer is the safest way to transfer money. At the speed of light, you can confirm that the money was sent from your account. The recipient can confirm that the money has arrived in their account. It's usually best to execute transactions during business hours so there are bank people to talk to if there are issues.
Carrying large amounts of cash (over $10,000) is dangerous. Some (police) states can legally confiscate cash just because they THINK you are up to something nefarious. It happens all the time.
Chum lee
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