Hiding payments from bank

Hi,

Im travelling to the States soon and will be spending roughly €10k

As I will be trying to get a mortgage soon I would prefer that my bank (or other banks) did not know about this outlay. Nothing illegal or anything but I would prefer not to have it questioned.

I have the money in cash although I would prefer not to travel with such an amount of cash.

Any suggestions?

I was looking at the postfx card but surely this would come to the attention of my bank when I would be applying for a mortgage?

Thanks

Not sure why PostFX card would come to your bank's attention, there is no requirement on the application form to advise your bank. However if you walk into a post office with €10k in cash, that should flag some concerns in the Post Office around money laundering

You can load an AnPost FX card with a maximum of $9000 and you can do this in incremental stages rather than in one fell swoop. Your spouse/partner (if you have one of course) could also get one and you would then be covered.

If you are leaving the EU with €10k bear in mind you will need to declare it
http://www.revenue.ie/en/customs/leaflets/customs-excise-cash-controls.html

Similar declarations are required on entry to the US with instruments to the value of $10k.
https://help.cbp.gov/app/answers/detail/a_id/195/~/currency-%2F-monetary-instruments---amount-that-can-be-brought-into-or-leave-the

Also remember that the US limit applies to your party, if you are travelling with someone else the limit applies collectively not individually.

Chef,

I would think if you are strong enough to get a mortgage , then having k10 in cash would be positive in considering your application should Bank see it?
Proves a small prudence of loose cash built up .

Thanks for info

Will go with the postfx card I think

It is the outgoings i'd be trying to keep quiet - not the fact that I have 10K to spend!!!!