Assuming by "carried" you mean "taken from place to place in public", by "cash" you mean "cash in Pounds Sterling" and by "who" you mean "whom", I also tick the £1,000-£10,000 box (rental deposit and first month's rent).
Briefly, I've held a double cupped handful of Krugerrands. Thirty of them are worth £10,000; I suspect I held substantially more than that many.
No, it was real money, usually in fifties, but sometimes twenties, which can be heavy. The most I ever had in cash was about 60K and that was the only time I worried about it until I could get rid of it. (It never occurred to me to do a flit with it, strangely. 20K wouldn't be worth it but 60K in 1991 would have been.)
You could try, but the solicitor wouldn't accept it - the money laundering regulations prevent them from taking more than some relatively trivial amount in cash.
As a member of Manchester City Library, I have access to all of the Oxford reference works online. (TTOTD: I believe anybody can become a member, and you can sign up online, and they'll post you your library card.)
It seems vague. They don't directly mention a plural, although the quotations they provide do use "Krugerrands", although they're from publications I wouldn't trust to get it right, either :) The Oxford books specialising in economics and business are equally silent on the matter.
Perhaps we should ask one of the Ubuntu folk to ask Mark Shuttleworth? :)
See the law society's advice on anti-money laundering regulations (http://www.lawsociety.org.uk/professional/conduct/guidance/view=article.law?POLICYID=308674), especially number 19:
19. Are firms required to limit the amount of cash they accept? * Firms should consider having a cash policy which limits the amount of cash they accept from any client. * The firm’s policy should be communicated to clients, perhaps in the client care letter or terms of business document. * The Law Society does not state a maximum or minimum amount of cash which a firm should accept from clients. * Firms should check the terms of their insurance policy with their insurers, to make sure they are covered if they accept cash sums.
FWIW, rental companies up here prefer you to have bank drafts for your rent and deposit these days; they will still take cash, but they apply a £25 "handling charge". Perhaps they don't like carrying so much cash about around these parts either!
It should be perfectly obvious to any native English speaker what is meant by "who" above. If you had trouble with it then I suggest you seek remedial education.
Fairy nuff. When we just bought our house our solicitor's letter of engagement said "Due to money laundering regulations we cannot accept payments in cash of more than X" (I can't remember what X actually was) which I guess is consistent with the para you quoted above and doesn't actually state that they are legally prevented from accecpting cash.
<cjwatson> sabdfl: a friend of mine was wondering in blog comments what the plural of "Krugerrand" is, and suggested "Perhaps we should ask one of the Ubuntu folk to ask Mark Shuttleworth?" <cjwatson> can you oblige? :-) <sabdfl> Krugerrands <sabdfl> Although they are usually written as "Kruger Rands" <sabdfl> took a few to space as presents for the other crew
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(no subject)
Date: 2007-02-13 03:57 pm (UTC)(no subject)
Date: 2007-02-13 03:58 pm (UTC)(no subject)
Date: 2007-02-13 04:00 pm (UTC)(no subject)
Date: 2007-02-13 04:02 pm (UTC)(no subject)
Date: 2007-02-13 04:03 pm (UTC)(no subject)
Date: 2007-02-13 04:03 pm (UTC)I maintain that if I ever buy a house it would be fun to take the deposit to the solicitor's office in a briefcase handcuffed to my wrist.
(no subject)
Date: 2007-02-13 04:06 pm (UTC)(no subject)
Date: 2007-02-13 04:06 pm (UTC)(no subject)
Date: 2007-02-13 04:06 pm (UTC)(no subject)
Date: 2007-02-13 04:06 pm (UTC)(no subject)
Date: 2007-02-13 04:07 pm (UTC)(My Morris Minor cost £1,500 and the seller insisted on cash.)
(no subject)
Date: 2007-02-13 04:07 pm (UTC)(no subject)
Date: 2007-02-13 04:08 pm (UTC)(no subject)
Date: 2007-02-13 04:11 pm (UTC)[The explanation is much duller than speculation can make it. So I won't give it.]
(no subject)
Date: 2007-02-13 04:14 pm (UTC)(no subject)
Date: 2007-02-13 04:19 pm (UTC)(no subject)
Date: 2007-02-13 04:26 pm (UTC)Briefly, I've held a double cupped handful of Krugerrands. Thirty of them are worth £10,000; I suspect I held substantially more than that many.
(no subject)
Date: 2007-02-13 04:30 pm (UTC)(no subject)
Date: 2007-02-13 04:54 pm (UTC)(no subject)
Date: 2007-02-13 04:54 pm (UTC)(no subject)
Date: 2007-02-13 04:57 pm (UTC)No, it was real money, usually in fifties, but sometimes twenties, which can be heavy. The most I ever had in cash was about 60K and that was the only time I worried about it until I could get rid of it. (It never occurred to me to do a flit with it, strangely. 20K wouldn't be worth it but 60K in 1991 would have been.)
(no subject)
Date: 2007-02-13 05:04 pm (UTC)(no subject)
Date: 2007-02-13 05:09 pm (UTC)(no subject)
Date: 2007-02-13 05:11 pm (UTC)(no subject)
Date: 2007-02-13 05:27 pm (UTC)It seems vague. They don't directly mention a plural, although the quotations they provide do use "Krugerrands", although they're from publications I wouldn't trust to get it right, either :) The Oxford books specialising in economics and business are equally silent on the matter.
Perhaps we should ask one of the Ubuntu folk to ask Mark Shuttleworth? :)
(no subject)
Date: 2007-02-13 06:03 pm (UTC)(no subject)
Date: 2007-02-13 06:30 pm (UTC)See the law society's advice on anti-money laundering regulations (http://www.lawsociety.org.uk/professional/conduct/guidance/view=article.law?POLICYID=308674), especially number 19:
19. Are firms required to limit the amount of cash they accept?
* Firms should consider having a cash policy which limits the amount of cash they accept from any client.
* The firm’s policy should be communicated to clients, perhaps in the client care letter or terms of business document.
* The Law Society does not state a maximum or minimum amount of cash which a firm should accept from clients.
* Firms should check the terms of their insurance policy with their insurers, to make sure they are covered if they accept cash sums.
(no subject)
Date: 2007-02-13 07:03 pm (UTC)(no subject)
Date: 2007-02-13 11:33 pm (UTC)(no subject)
Date: 2007-02-13 11:41 pm (UTC)(no subject)
Date: 2007-02-14 09:37 am (UTC)(no subject)
Date: 2007-02-19 10:03 am (UTC)