New answers tagged

4

Something missing from all the existing answers, IMHO, is the reason that the U.S. (and every country as far as I know/guess) requires you to present visibly more than 50% of the bill, in a single piece. If you tear a $100 bill in half and tape it back together, a conscientious bank teller should refuse to accept it. (I have not tested this hypothesis in ...


1

If you regularly make payments to somebody else by a noncash method, but they'll accept cash, substitute this cash for your usual payment. For example, I normally donate to my church by instructing them online to withdraw my donation from my checking account, but in the past when I've had a large amount of cash I've simply donated the cash to them instead, ...


11

Congratulations on your win. One of the skills that is often overlooked in poker is cash management. Hopefully big tournament wills will be more common place and you need to have plan on how to deal with the cash. Some will be needed to replenish or build your bankroll. How do you store that cash? A decent safe in the house is a good idea, a safety ...


39

The cheapest solution is to find a different bank or credit union. Most accept cash deposits unless they are online only and even then some offer ATM deposits. Make sure to research fees, but there are plenty of free checking/savings accounts at banks and credit unions that will take cash deposits with no cost to you. I switched to online banking years ...


6

In Canada, there is no gift tax. You can freely give a gift to your parents, and it will not even need to be reported to the government. They will be able to simply contribute their funds to their business in whatever way makes the most sense to them [this isn't relevant for you, just for them]. This assumes you are older than 18; younger than 18, there may ...


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