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Originally Posted by Batpig
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Yep, learned about that bat sheep crazy law the hard way once. It is the same with depositing cash. You also have to report over 10K in cash while traveling. It is not illegal to have the cash, you just have to report it.
Also strangely enough if the PoPo takes your legally obtained cash you have to hire a lawyer to get it back and it is not an easy process.