questions about Wire transfer payouts

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  • easyliving
    SBR Hall of Famer
    • 06-25-12
    • 8876

    #1
    questions about Wire transfer payouts
    Will be making my first wire withdrawal and need some help. Exactly how does this process work? If that much money suddenly appears in my account will the bank not get suspicious and question me about the whereabouts of the cash? I will be withdrawing the money as soon as it clears as I do not want to keep such a large balance. If I want to make a 10k withdrawal every month can I do so without any troubles? Also If I had a good month and make a 50k withdrawal can I? Any steps I should take to make sure it works out smoothly?

    And finally yes I will be paying the taxes on my winings.
    Last edited by easyliving; 09-21-13, 08:16 PM.
  • bettingstation
    SBR MVP
    • 03-25-13
    • 1084

    #2
    wow, that a lot, just a suggestion, you can make 1k withdrawal...
    Comment
    • Shifty
      SBR Wise Guy
      • 08-10-08
      • 558

      #3
      I've received dozens of wire transfers over the years. Nothing to worry about. Never been questioned by the banks. 50K is not a problem.
      Comment
      • wilson1
        SBR High Roller
        • 05-01-12
        • 205

        #4
        no problems for me .. just know this

        sometimes it takes two days and sometimes 2 weeks
        Comment
        • easyliving
          SBR Hall of Famer
          • 06-25-12
          • 8876

          #5
          gonna bump this thread, how often can I receive a 5 digit wire transfer without being questioned. Is once a month fine or should I wait longer in between and wire larger amounts?
          Comment
          • JamesBrown
            SBR MVP
            • 04-07-08
            • 3860

            #6
            Once a month is fine. I requested one today. Let's see who's takes longer.
            Last edited by shari91; 06-09-14, 05:44 AM.
            Comment
            • jjgold
              SBR Aristocracy
              • 07-20-05
              • 388189

              #7
              I think once a month as a good suggestion by many posters here
              Comment
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