Are there any issues carrying cash on plane?

[PoKeRFoRNiA]

Just out of curiosity, anyone carry more than 10k on a plane? What happens if you declare cash on plane? While I never had to do it, I am thinking about flying out and play some $400-600 tournaments. If i win lets say, 20k. Do i have to report that when i fly back? What happens if i have to report it? Do i have to pay some fee on it?
Sorry, very new at this. Want to ask some members here who have experience of carrying cash above 10k.

 

[MK_]

I wouldn't feel comfortable carrying that much cash... you don't have to declare cash on domestic flights but if they see a large amount of cash they can ask for documentation, source, receipts, etc., any amount over ten K would do it. There's no fee, nothing to report, except to the IRS lol

 

[neverbluff0799]

Just out of curiosity, anyone carry more than 10k on a plane? What happens if you declare cash on plane? While I never had to do it, I am thinking about flying out and play some $400-600 tournaments. If i win lets say, 20k. Do i have to report that when i fly back? What happens if i have to report it? Do i have to pay some fee on it?
Sorry, very new at this. Want to ask some members here who have experience of carrying cash above 10k.

No idea but would you be kind enough to tell us how much cash its gonna be.Wich fligth and how you will look and be dress in the most specific manner please

 

[burba]

What's the alternative?
Put in a parcel and trust UPS...

 

[MK_]

..... alternatives?, a bank deposit, a cashiers check, etc., much better options than carrying that much cash around...

 

[neverbluff0799]

Just out of curiosity, anyone carry more than 10k on a plane? What happens if you declare cash on plane? While I never had to do it, I am thinking about flying out and play some $400-600 tournaments. If i win lets say, 20k. Do i have to report that when i fly back? What happens if i have to report it? Do i have to pay some fee on it?
Sorry, very new at this. Want to ask some members here who have experience of carrying cash above 10k.

Ok i arrange all your accomodation...My cousin SPIKE and is friend JOKER are gonna be waiting for you at the airport bodyguarding you.You will reconize them by their Tear drop Tatoos and their friendly behavior

 

[AzdajaD]

You need copy of currency report form and show it at airport (when you arrival or departure) - if you carry more than 10k...

Just watch out for cousin Spike and his friend Joker...😂

 

[Pokerpoet2]

It all depends on which Country you are Flying into, They all have different rules and regulations on Money transfers, Country to Country and it could be seen as Money Laundering, All I can say is do your research first as they do have the right to confiscate in some Countries unless you have Valid proof where it came from.

 

[fundiver199]

I dont have any experience with this, but presumably you can ask the casino to make a wire transfer to your bank account instead of paying out the winnings in cash? There are also tournaments, that pay out $1 million or more to the winner, and I cant imagine, that anyone bring that kind of money home in a suitcase

 

[Mauricio Perrotta]

I understand that if you have to declare it when you leave the country, as long as you fly within your own territory it is not declared. If I am wrong please tell me.

 

[dannystanks]

I asked this to TSA and they told me as long as I am in the USA I don’t have to declare anything. If I fly out of the USA or into the USA with more than 10k it must be declared.

 

[TeUnit]

I think it would be better to get cash at the casino. You could call ahead and see if you could use your credit card, wire transfer, cash App, paypal, apple pay, etc.

 

[Aleksandr1991]

Понятия не имею, но не могли бы вы сообщить нам, сколько это будет стоить наличными? Каким рейсом вы будете лететь и как вы будете выглядеть и одеты, уточните, пожалуйста.

Ha ha well done!!!!!

 

[thedarkman]

Look up some of the lawyers on YouTube who cover civil asset forfeiture. It isn't only on planes where your money is at risk from lowlife agents of state repression but on the road.

 

[skaterick]

let it ride on the craps table !

 

[benitwapasu]

Definitely best to declare it to customs or they would seize it