Banks Must Report Safe Deposit Box Contents Over $5,000

THEY PASSED IT:- Banks Must Report Safe Deposit Box Contents Over $5,000.(Inspections Begin March 1st) - Finance Reality


I closed my box last year. But keeping casino chips and gambling cash in there will be out of bounds next week. Inventory required on each lease renewal. SARs will be filed for refusal. FinCEN will be getting inventory lists on items exceeding $1,000. The video has more explanations of categories for itemized reporting thresholds.
Safe Deposit boxes at banks have been falling out of favor in the past several years. Banks were getting rid of their boxes, this new regulation will accelerate that trend.

Quote: ChumpChange

THEY PASSED IT:- Banks Must Report Safe Deposit Box Contents Over $5,000.(Inspections Begin March 1st) - Finance Reality

I closed my box last year. But keeping casino chips and gambling cash in there will be out of bounds next week. Inventory required on each lease renewal. SARs will be filed for refusal. FinCEN will be getting inventory lists on items exceeding $1,000. The video has more explanations of categories for itemized reporting thresholds.
Safe Deposit boxes at banks have been falling out of favor in the past several years. Banks were getting rid of their boxes, this new regulation will accelerate that trend.
link to original post

My cash is where I can get my hands on it 24/7 just like in the old days. Grandpa kept his money under his mattress for a reason.

Quote: ChumpChange

THEY PASSED IT:- Banks Must Report Safe Deposit Box Contents Over $5,000.(Inspections Begin March 1st) - Finance Reality

I closed my box last year. But keeping casino chips and gambling cash in there will be out of bounds next week. Inventory required on each lease renewal. SARs will be filed for refusal. FinCEN will be getting inventory lists on items exceeding $1,000. The video has more explanations of categories for itemized reporting thresholds.
Safe Deposit boxes at banks have been falling out of favor in the past several years. Banks were getting rid of their boxes, this new regulation will accelerate that trend.
link to original post

That video you posted is Ai. Not true

Quote: ChumpChange

THEY PASSED IT:- Banks Must Report Safe Deposit Box Contents Over $5,000.(Inspections Begin March 1st) - Finance Reality

I closed my box last year. But keeping casino chips and gambling cash in there will be out of bounds next week. Inventory required on each lease renewal. SARs will be filed for refusal. FinCEN will be getting inventory lists on items exceeding $1,000. The video has more explanations of categories for itemized reporting thresholds.
Safe Deposit boxes at banks have been falling out of favor in the past several years. Banks were getting rid of their boxes, this new regulation will accelerate that trend.
link to original post

Let's use some sense. Even if this were so, what would stop me from visiting my box, removing everything but my passport and a box of screws, submitting to the inspection and renewing my lease the next day and returning everything as it was?

File this one under "Did you now the word 'gullible' isn't in the dictionary?"

There's some horrific AI that's going to be poring over bank accounts any month now. If that means anything to you, it means horrific AI.

Quote: AutomaticMonkey

Quote: ChumpChange

THEY PASSED IT:- Banks Must Report Safe Deposit Box Contents Over $5,000.(Inspections Begin March 1st) - Finance Reality

I closed my box last year. But keeping casino chips and gambling cash in there will be out of bounds next week. Inventory required on each lease renewal. SARs will be filed for refusal. FinCEN will be getting inventory lists on items exceeding $1,000. The video has more explanations of categories for itemized reporting thresholds.
Safe Deposit boxes at banks have been falling out of favor in the past several years. Banks were getting rid of their boxes, this new regulation will accelerate that trend.
link to original post

Let's use some sense. Even if this were so, what would stop me from visiting my box, removing everything but my passport and a box of screws, submitting to the inspection and renewing my lease the next day and returning everything as it was?
link to original post

If it was true according to the video when ever you went to your box you would have to show the contents to the bank person

It's never been true, but this video indicates it will be starting next month.

Quote: ChumpChange

It's never been true, but this video indicates it will be starting next month.
link to original post

The video can indicate anything it wants but it’s not true.

You must buy Flex Seal™ by the case.

Quote: Calder

You must buy Flex Seal™ by the case.
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I used flex seal to fix a leak in a pipe that cracked. It was fine for 3 years, I sold the house so not sure about now

THEY PASSED IT: New Gold Registration Law Takes Effect March 1st. (Ownership Tracked) - Silver Dollar Collapse - Feb. 20, 2026


Precious Metals Institutions must be registered with FinCEN by March 1st, 2026.
Gold or silver or platinum or palladium transactions of $2K+ must be reported to FinCEN. Aggregate holdings of $50K+ must be reported to FinCEN.
SARs will apply to precious metals.
Failure to register as a precious metals dealer (if you are a dealer) comes with a $5K/day penalty. Failure to report transactions above the thresholds is $25K per violation.
Failure to file aggregate amounts, annual holdings disclosure, has a $10K penalty as well as a criminal referral.
Filing false paperwork is the same as false tax paperwork, imprisonment.

The Bank Secrecy Act has been upheld.

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THEY PASSED IT: The New Banking Rule Starts Monday. (Alert) | Dave Ramsey - Feb. 21, 2026


Precious metals have been reclassified from equities to cash status.

AI: Basel III is a set of international safety rules for banks, created after the 2008 financial crisis to prevent future collapses. It forces banks to hold more high-quality capital in reserve and maintain enough liquid assets to survive financial distress. Essentially, it ensures banks are safer and less prone to risky gambling.

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The Emergency Tax: Why Banks are Freezing Cash Transfers - MARKET & HISTORY - Feb 26, 2026


AI is flagging bank accounts and freezing them.

If "they" passed "it", can you link to the relevant Federal Register publication?

The Federal Register is a huge encyclopedia set that nobody sells door to door.

Quote: ChumpChange

The Federal Register is a huge encyclopedia set that nobody sells door to door.
link to original post

Fortunately, it's all online, readily available.

with Chumpchange's videos, I might check to see if the claims they make are in the news generally. The topic of the first one in this thread is totally missing, haven't checked the other and won't

I kick myself for paying attention to anything ChumpC. posts

Sometimes the bizarre stories are clickbait fiction, sometimes they're an early warning.