Ever withdraw $1,000,000 in cash from your bank? I did. Here's what happened.

in #money7 years ago (edited)

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I went to the bank last summer and told them I needed a million dollars—cash. They asked for a reason, and I replied, “You didn’t ask me for a reason when I put it in, so why are you asking me about it when I want to take it out?” Think about it, what business is it for the bank to know why I’m taking my money out? What I really wanted to do was to test to see if I could even get my money. The excuses the bank used to not give me my million dollars right away were many.

What follows is a list of things your bank may tell you next time you want to withdraw a large amount of cash:

1) You need to meet with the IRS

My bank actually told me this. Why would I need to talk to the IRS to withdraw cash from a checking account? This isn’t some dividend from a stock I’m cashing in. Let your Uncle G tell you about your Uncle Sam. You’re getting ripped off by him—he is stealing from you and giving it to the IRS who then wastes it. He’s the uncle you have that only comes around when he wants something from you. You don’t need to meet with him to withdraw your cash from the bank!

2) You must have security with you

I’m packing heat every day, I don’t need a security officer to escort me back to my car—and neither do you. I don’t know if you’re going to a bank in the ghetto, I don’t know if you are a black belt, I don’t know how well you can handle yourself, but if you need to get a security officer to escort you and your money from the bank lobby to your car, that’s your decision, not the bank’s decision.

3) You should take a cashier’s check

This one really irritated me. I didn’t want a cashier’s check, I wanted cash. Don’t let your bank bully you into taking something you don’t want or need. If you have a lot of cash, you should be able to take a lot of cash, not just settle for a cashier’s check.

4) You need to take financial training classes

This is the most ridiculous excuse of all for a bank not wanting to follow through with their duty. What do they know about money that they can teach me? I’m the one with millions of dollars, not these cashiers and managers telling me I need to take a class. I should give them a lesson—you get rich from sales; you don’t get rich working at a bank. Never let your bank persuade you into taking financial training when you want to withdraw a “large” sum of money.

5) You must order the cash

This is because they actually don’t keep all the money that is sitting in the accounts on location. They gladly take your money, but then it turns to digits on a computer. You will have to wait for your money if you want to withdraw a large sum because the bank many not have the kind of cash you want to withdraw in their vault.

A packet of one hundred $100 bills is less than 1/2" thick and contains $10,000.

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A million dollars is only 100 of these little things.

You can fit a million dollars into a backpack, literally. It’s not like I left the bank with a tractor carrying a crate of money. My million only weighed about 22 pounds.

The point is this—if you have large sums of money in a bank, be careful, because one day when you need it you might not be able to get it out right away.

If you have nothing to withdraw because you have no money and a baby income, it’s time to get yourself on Cardone University. Get your financial house in order! Also get yourself to my Sales Boot Camp, which will be the best sales training event you’ll ever attend. Give yourself 3 days of immersing yourself with my team and learn the Cardone Way of becoming massively successful.

Be great,

GC

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packing heat cardone!

Yeah man did you see @grantcardone new YOUTUEB ad??! i just saw it today i couldnt belive he was on my youtube advertismenet slot! I was watching Logan Paul videos jut to see how famous that kid is and grant's viodeo Buying Big came up!

It was so profesionally wel produced and it realy worked, i just hope he makes MORE and actually shows himself flipping houses all over the country

Iwonder if he posted about that video ad on his steemit?? id like to see behind the scenes of preparing that video comercial

Silly Banksters. It's Bad Enough That They Have The Balls To Charge Us To Keep Our Money In Their Banks Just So They Can Loan It Back Out And Create More Of That Fiat Out Of Thin Air!

I would take out the $1 mil, put it right back the next day, and repeat. Nothing can go wrong.

😂😂😂😂

That's the truth 🙌🏼🙌🏼

😂😂😂😂

@stackin , now all your post will be like the picture after HF19! That makes me rinse in a very positive way 🤑

I just need a small loan of 1 million dollars. - Donald Trump

@grantcardone try to transfer over 20000 Euro in Europe between EU countries and two persons(Germany -> Romania). I did this and was invited to the bank to give a report why, because it is against the money laundry law. My bank blocks me if I try to get more then 2000 Euro without notice. Try to fly in any country with more then 10000 Euro/USD on you. I bought a small piece of real estate with 30000 Euro (price doubled in 10 years) and the guy did not have any bank account (Romania - 2007), so I had to wait 4 days tilll the bank handed over me my money.
I don't have the million to withdraw (yet), but I know the struggle to get to your own money.

It's insane. There is more money in an ATM then in the vault. Like you said: transfer money and you are a suspected money launderer needing to prove his own innocence. My suggestion: get your money out of Europe.

Of course, where is your ego coming from, not your idea, because your idea lives forever, even when your ego dies, or how was it?

Romania is not in Schengen that's why it would be problematic. Anyway I'm not sure you can even do that between Germany and Belgium because the laws in EU are pretty strict.

Schengen does not have anything to do with money transfer. Schengen is about the open borders for persons and the check of documents when you enter the Schengen space, a Non-Schengen state has to have a secured border with the Schengen group and a secured border to the outskirts of the EU.

In the EU you have the SEPA system which applies to all EU members, so all banks use the same contructions of accounts and transfers(IBAN-code + BIC/SWIFT-code). It is the same problem if I would transfer this amount of money in German space or Romanian space without telling the bank for what I used it.

It's crazy but not surprising - the way employment works here in the USA, nobody's trusting an employee to give out a million bucks. People can barely handle making coffees without managers helping out it seems like

"Show me the moneyyyyyyyy!"

Not yet, but I really really hope I will make such a post also in my lifetime.

The bank makes it too hard to withdraw over $10,000 - How long did it take to 'order' your money?

They treat you like a criminal for your money ...... because remember when you take it out your money they no longer can make money on your money sad but true

👊🏼💥💯💯 WHO'S GOT MY $$$

This made me REALY mad! But it doesnt suprise me I already knw this that not only will they prevent you from withdrawing your own money but they will even report you tyo the Police and IRS and DE if you even deposit over $10,000 if they arent USED to you doing that....the banks hire the worst type of people...Chase took $2000 from me after i deposited CASH in my ATm and was going to ue it to buy AIRPLANBE tickets, and they FROZE my account and acused me of MONEY laundering and wouldnt mail me the CHECK for my balance after closing my accoiunt for fucking 1 month, and you cant sue Chase youll loose, they should be shut down by the federal governent for thir crimes during the 2008 financial crisis, whaterver they will die out as crypto bcomes thelast man standing and all fiat collapses its inevitable but it will happen slowly, ther wont be ay sort of flash crash...well the stock markety can crash and part of me hopes it does part of mehopes that EVERYTHINg expcet decentralized crypto currencies crashes

sales isnt for everyone, i realy don't like the idea of a class because its not neccisary, but maybe the reak value of these classes are to meet grant cardone and others at the university altho if youre advertising it to peopel who are broke without any money to wiothdraw maybe its not th best place to go networking? And since you say its a "Cardone University" and not YOUR class im asuming you wont even be there, and its just lame man i doubt your classes are worth the money u charge! its just a lame thing peopel do now teaching these classes is such a rip off man no way u can defend them, school clases are an archaic method of teacing TOTALLY made obsolete by the internet and ESPECIALY videos

maybe im just mad about the bank refusing to give u the money hah yeah sorry i know your classes may be worth someting i just dont like how your claiming that peopel who come to yoru class can just make all this money when slaes is a very tight game where theres not enough jobs for everyone, seriously i feel theres plenty of millions for all of us to make in the crypto world...but Real Estate? Nah man theres only enough money in real estate for a smal minority.....we should be teaching more people to be more frugal and just live ion microhomes and save money because look alot of peopel wont even end up making much money...but we CAN let people become fincialy independent using STEEMIUt which makes it MUCH more realistic..

its just very frustrating to see people like you who seem to have made money off real estate when note veryone can do that But EVERYONE CAN make money off Bitcoin Steemit crypto currency AND everyone can more or less find ONE thing to do online...(if they arent "good" with computers and wanna refuse to learn they can go try and drive for uber) but working from home or self employment should be seen as realistic, most peopel will only make like a few grand a month and thats FINE to live off, not everyone is gonna make 1 million dollars a year....

but everyone CAN make $50,000 a year! and honestly making $50,000 a year ONLINE from HOME is GREAT ...not everyone has access to the toosl they need to make as much as a small minoroty makes, but if we actyualy SHARES the METHODS on going from 0 to $10,0000 THEN youre helpong more people

because to really help the vast majortyt of viable workers out there who DO want to work is going to take knowledge of starting from NOTHING and making money of tHAT no leads to buy no coins to invest in just Zero to hero its possible with steemit and VERY few other oprograms....i LOAHE any system that requirs a PENNY in initial investment....if a system is real it should allow someone to start from 0! that goes for MLM sales systems! it makes me mad that an afiliate program would charge money for someone to start....so many barriers so many batriers to entry its so lame...

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