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bdjuf, okay, hypothetically here... I have not a single ounce of experience with any offshore money.
Hypo... basically, you are limited on most ATMs to about $500 at a shot. So right away, if you are going to pull out 10k, you are going to be doing 20 transactions in a row. That by itself would likely light up some security somewhere in that bank's system, even if they are not your bank. So bad idea.
If someone needed to get that type of money, they would be wise to stagger the withdrawls across a number of machines, banks, times, and places so that the transactions don't all occur together, never show up on any one transaction list as a total amount, and generally so as to blend into the background noise.
Finally, hypothetically speaking, it would be much wiser to make an ongoing plan to withdraw $2000 or so a day total from about 5 different machines, over a 5 to 7 day period to accomplish the same results. That would really blend those transactions into the noise. That person would probably want to use different machines at different times to truly disguise all transactions.
Of course, knowing that the hypothetical person is a good and honest Canadian citizen and already declared the money that is offshore as income in the year that the money was made, there are no real issues, right?
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