Ways to secretly stash money

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Cobra

Hummingbird
Gold Member
I know some of you players have experience with this. I keep a stash...of cash. I want to open a bank account, and put it in there so I don't worry about getting my ass robbed and it disappearing.

BUT I need to keep it secret, with no statements coming home, hopefully no fees and a card to access the hard dough. Also, some online access would be nice.

The information is probably buried within some unrelated threads but I couldn't find too much information.

I would use the money overseas at some point. I'm talking about <$1K for now.

So looking for the following factors:

1. Ease of depositing cash
2. Ease of physical ATM access
3. Ease of card access
4. Ease of online access
5. Ease of getting good customer service
6. Ease of card replacement if lost
 

Cobra

Hummingbird
Gold Member
Nope; opening an account is fine. I just need a way to deposit the cash, access it, and be able to pay for shit online and with a card but without leaving a trail that heads home in the form of a statement.

Not trolling. I know I can open an account and choose "paperless" statements, but the question is if a prepaid card be a better option than a bank debit card based on ease of use and fees.

Damn I could have made my original post shorter.
 

el mechanico

Owl
Gold Member
Cobra said:
Nope; opening an account is fine. I just need a way to deposit the cash, but be able to pay for shit online and with a card but without leaving a trail that heads home in the form of a statement.
Tell the bank you dont want a statement just online only or give them a po box, friends address
 

Menace

Crow
Gold Member
Almost every bank has a "green" option that allows for paperless statements. However, banks also will send account summaries and policy changes as well. So you need to make sure those are in electronic format as well. You need to find an "e-checking" account...where you're basically not even allowed to use a teller window and have to do everything by ATM. Otherwise, if you don't have direct deposit to that account they will typically charge you a monthly fee.
 

vinman

Hummingbird
Gold Member
You could use gift cards, or rechargeable checking cards, or a secured credit card. I would go with the gift cards. They're not as easily traced.
 

Cobra

Hummingbird
Gold Member
Menace said:
Almost every bank has a "green" option that allows for paperless statements. However, banks also will send account summaries and policy changes as well. So you need to make sure those are in electronic format as well. You need to find an "e-checking" account...where you're basically not even allowed to use a teller window and have to do everything by ATM. Otherwise, if you don't have direct deposit to that account they will typically charge you a monthly fee.

Seems like a "no-fee" account doesn't exist without direct deposit.

CKSEA said:
Visa cash card..... visa gift card..
https://www.mytitanium.ca/

These have fees but seem like a good option.

Beyond Borders said:

This is great. I trolled the first few pages. This book answers the questions that I haven't even asked yet, but inevitably will. Question is how do I buy a book about not being traced without being traced. :)
 

texas

Robin
Hey man,

Not sure how secretive you have to be with this cash, but if you have a buddy or someone who would let you give them cash and they write you a check, the account below would be great.

1. Ease of depositing cash
If you can get the cash into a check form, you can deposit them via their mobile app. I have done this for years and you can even call customer service and up the mobile deposit limit (think it starts at $1,000) and get it upped to deposits of ($10,000) or possibly more.

I have actually never been to a Schwab bank location and deposited tens of thousands of dollars via my phone without ever meeting a single employee. If you were set on depositing the money in cash form, it could be done at one of their physical locations.

2. Ease of physical ATM access
It works an all ATMs, national and international, and reimburses all fees to you at the end of the month.

3. Ease of card access
They will send you initial card once the account is set up.

4. Ease of online access
Great online portal as well as mobile access. You can also have a trading account linked to the checking account if you are into that stuff.

5. Ease of getting good customer service
They have online or phone customer service that has been superb in my three years with them. A friend has lost his debit card in BKK and they priority-shipped a new one right away. It arrived in two days.

6. Ease of card replacement if lost
See above. Think it took only two days to get to Thailand. He didn't have a personal address of his own but used a friend's.

http://www.schwab.com/public/schwab/banking_lending/checking_account

They send statements, but you could immediately sign up for paperless, get a PO box, or send them to a friend's house for record-keeping purposes. There are no minimum balances nor bullshit "three direct deposits per month" or any of that.

I think if you can convert the cash to check form, this would be the way to go and especially since you would like to take it overseas in the long run and they reimburse foreign ATM fees.
 

Icarus

Ostrich
Cobra said:
I keep a stash...of cash. I want to open a bank account, and put it in there so I don't worry about getting my ass robbed and it disappearing. BUT I need to keep it secret

A possibility would be to rent a bank vault, and stash your money there in a safe deposit box instead of opening a bank account and leaving a paper trail.

If you decide to move overseas, then go to the bank, ask them to give you access to the vault, grab your money from the safe deposit box, and take it with you. The bank will record the fact that you rented a vault from date X to date Y, but no one will know what you had there, which means you have plausible deniability.
 

Beyond Borders

Peacock
Gold Member
Cobra said:
This is great. I trolled the first few pages. This book answers the questions that I haven't even asked yet, but inevitably will. Question is how do I buy a book about not being traced without being traced. :)

You may have made that irrelevant by posting such questions on an internet forum, but I imagine J.J. Luna would say have someone less concerned about their privacy order it for you.

On another note, this book can be found at big bookstores.
 

Tail Gunner

Hummingbird
Gold Member
Beyond Borders said:

That is the best privacy book available. I purchased a copy of the first edition for cash at a bookstore. I also read the third edition from a local library.


Also check out the Questions and Answers section of his blog, which is searchable:

www.jjluna.com/Questions


Also buy his e-book titled: "Invisible Money, Hidden Assets, Secret Accounts"

http://www.jjluna.com/ebooks/invisiblemoney
 

DaveR

Pelican
Gold Member
OP, your requirements seem very simple. You're not trying to hide your money from the government, just from someone who lives at the same address as you. So basically all you need is another address. You can use your work address, an abandoned house, a friend's address, a mail-forwarding service, etc. The bank may want to know your physical address, but you can still give them a separate postal address for all correspondence.

Also, take Texas' advice on the Schwab account because it comes with one of the best cards for use abroad.
 

The Beast1

Peacock
Gold Member
DaveR said:
OP, your requirements seem very simple. You're not trying to hide your money from the government, just from someone who lives at the same address as you. So basically all you need is another address. You can use your work address, an abandoned house, a friend's address, a mail-forwarding service, etc. The bank may want to know your physical address, but you can still give them a separate postal address for all correspondence.

Also, take Texas' advice on the Schwab account because it comes with one of the best cards for use abroad.

*2 on Schwab. They're my primary bank and broker. Great business, mobile app is handy, and I can use a local bank as a bridge so I can transfer it into their bank.

However to the OP, I would research bank secrecy laws because what your asking is really hard to do without large amounts of money and inside information into how financial transactions are done. With enough money and man power (a government agency) anyone can find out what your financials are.
 

iknowexactly

Crow
Gold Member
texas said:
They send statements, but you could immediately sign up for paperless, get a PO box, or send them to a friend's house for record-keeping purposes. There are no minimum balances nor bullshit "three direct deposits per month" or any of that.

I had great luck using Schwab ATMs ( I only have like 2K in my account and they ate about $50 in foreign ATM fees) .

However, I did at one point have a problem not really their fault because I kept moving around, and the statements got returned to them.

I think they canceled a debit card, after I got back from Ukraine and wasn't using it) because of that for security concerns.

I think that was because I didn't tell them new addresses however.

I think they're great but make sure your card doesn't get cancelled because you space where they think your address. is.
 

cmrocks

Robin
On the same topic, are there any options for hiding away a secret stash of money to use in the event of a divorce? As we all know, men tend to get screwed pretty hard in divorces. It would be nice to have a nest egg tucked away just in case things go south.
 
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