Originally Posted by
italdesign
Didn't see it discussed in the last ~50 posts, so ask shall I.
Is it true that the only way to pay the CC that I used to fund AFT, with those funds from AFT, would be to withdraw from ATM, deposit to bank, and pay CC from bank? If so, any concern with withdrawing AND depositing $400 cash per day for ~12 days in a row? Or would it be better to deposit $5000 cash at once?
1) Holding $5000 in cash in dangerous, I don't recommend it
2) Depositing $5000 in cash at once may trigger
SARs filing.
Because of the above, I would deposit in smaller amounts.