Quote: (01-04-2017 09:38 AM)zoom Wrote:
Are you talking about getting the 17K in cash or depositing it virtually in your bank account? Because if it's cash, then the banker is not going to have that much money in their drawer. They are going to have to go into their time-locked safe in the back room, so the process is going to take longer. Also if cash, the banker will fill out a CTR form and send it to the government.
Well, first I have to worry about getting the bonds into my possession. Then I can worry about how I'm going to cash them.
Most likely, I will end up just depositing them into my account. I already contacted the bank and they said it shouldn't be a problem.