withdrawal

[Guest]

I just hit a big 12 teams parlay for $18K. How can i deposit the money without being questions by the goverment or the bank? Should i request a wire or a check? Or should i ask them to cut me 5 to 6 checks and do 5 to 6 wire within the next 3 months?

[V3r1f13d]

2 individual 9k checks written to your name.
Cash the check, don't deposit it.

Anything over 10K (cashed) they have to report it to the IRS.

[Daws1089]

:thumbs: correct.

Although you will be hard pressed to find a bank that will cash a 9,000 check from a foreign bank. I always get smaller checks like 500-1000 and just cash those. Much easier to do. Now 18k, maybe I'd try to get 9 2k checks, but u wont be able to cash those large ones. But definitely cash them, dont deposit it.

[xHeroOfTheDayx]

What bank with cash a foreign check without seeing if it clears first?

[Daws1089]

mine does for me once a month lol

[xHeroOfTheDayx]

mine does for me once a month lol

wtf... my banks are anal about that.

Does anyone have the option at their book to get a cashout via ATM debit card? Sportsbook did it for a while. It was real convenient, but from my $5,000 withdraw, I only got about $4,600 of it due to damn ATM fees.

[ATS_BDG]

Try to get a bank wire!

you'll need the swift code for your bank.

from what sportsbook are u getting a payout from?

[V3r1f13d]

If you have enough money in your account to cover in case the check "bounced", the bank shouldn't hassle you for cashing the check.

[Jerbeek]

I got a check from BetUs and had no problems with the bank. I tried to cash it at some check cashing places first and they would not accept it.