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Options for storing cash instead of room safe?

Discussion in 'Misc. Vegas Chat' started by makuk, Jul 31, 2016.

  1. makuk

    makuk Low-Roller

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    What are your thoughts on safes in hotel rooms, when I go to Vegas I take a relatively large sum of money with me, ($20K+) unfortunately I have no option but to take cash, I don't have a US bank account and as I am from the UK I am limited to daily withdraw limits from ATM's.

    So this cash has to go in the safe in the room, but what happens if someone breaks in to the room, breaks open the safe and steals this money or an employee with access to the room (master key) enters the room and a) breaks in to the safe or b) has a master code to the safe and takes the money?

    Where do we stand, I am assuming we are simply screwed!

    Is there another option rather than just putting the money in the safe, can I pay it over to the hotel and they hold it on account for me some how?

    Up until now in all the years I have visited and put money in a room safe there has never been an issue, but rather than tempt fate there must be a better option than to leave that amount of money in a room where staff could easily gain access to it.

    Thanks for your thoughts.
     
  2. Greenstonerjp

    Greenstonerjp Tourist

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    I heard you can wire transfer the funds to the casino directly .. so you dont have to carry cash
     
  3. Aces and Eights

    Aces and Eights VIP Whale

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    How about traveler's checks? Is there a limit you can take out from the UK? In the US you can't take more than $10k, albeit there might be a way to do it. I don't know much about these things as I never take that much out of or into a country.
     
  4. bignig135

    bignig135 Low-Roller

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    We visit from Scotland and always bring a mix of cash and travellers cheques. In the past few years, all travel agents and banks who provide foreign exchange are very keen to push their pre- paid cash cards and we have even been told outright that American Express et al no longer do travellers cheques but this is nonsense, Thomsons travel agents provided ours in Jan., RBS sell them and there is no danger of them becoming extinct. You pay the exact same exchange rate as for dollars, are fully protected if lost or stolen and every Vegas hotel cashier happily exchange for dollars, without any fees, if you are handing over a significant amount they will ask for ID, but we regularly take out $200-300 and there is no hassle!
     
  5. bignig135

    bignig135 Low-Roller

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    PS, as far as I know, its the same general principle that £10,000 is perfectly acceptable, no need to declare, if carrying more, you simply declare the full amount, they are only really concerned in someone carrying huge amounts to potentially money launder!
     
  6. JeJas

    JeJas VIP Whale

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    I think the door + safe is safe enough.
    We don't hear much about safe break-in in Vegas. Sure it happened before, but not often.
    If a criminal gang already know you have millions of dollars cash with you, then probably they will do whatever to get it.
    Otherwise, why they break in your room and your safe? there are way over 100,000 hotel rooms in Vegas.
     
  7. breanna61

    breanna61 Super Moderator

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    You could always keep what you need readily available for a day or two in the safe and the remainder in a safety deposit box at the front desk.
     
  8. jr7110

    jr7110 VIP Whale

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    As mentioned earlier, you can either wire the funds directly to the casino to hold for you OR you can just visit the Cashier when you arrive and they will hold your money for you and you can withdraw it as you need it, like your very own bank.

    By the way, the only people at the hotel who would be able to override the code and get into the safe is hotel security. I had to call them once when the safe would not open and they show up and ask for ID to make sure you are the person who is supposed to be in the room and accessing the safe.
     
    Last edited: Aug 1, 2016
  9. meyers67

    meyers67 High-Roller

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    You can put it in the account at the cashier.
     
  10. makuk

    makuk Low-Roller

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    There's no limit to the amount we can bring in to the US from the UK, we just have to fill in the relevant tax forms and declare it upon arrival, the issue is usually at UK customs, I have been stopped many times and interviewed / questionned by UK police as to why I am taking so much and where it is from.

    The issue with pre-paid cards is you are limited to daily cash withdraws so that won't work.

    Travellers cheques I just don't like!

    So I think I will see if I can drop it off at the casino cashier for safe keeping, thanks for all your throughts and ideas.
     
  11. Joe Strummer

    Joe Strummer VIP Whale

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    Cashier cage.
     
    • Agree Agree x 1
  12. Royal Flusher

    Royal Flusher Savvy Gambler

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    You could also set up a line of credit and take markers as you need them. Not sure how this would work with a UK bank account. We had issues with a Canadian account and opened a US account to handle this.
     
  13. shokhead

    shokhead I'm no big spender!

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    I've never heard of it happening when in Vegas and have only read about it once or twice in many, many years.
     
    Here we go again!
  14. breanna61

    breanna61 Super Moderator

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    You might want to make sure this doesn't work.......

     
    • Agree Agree x 1
  15. Lovegas95

    Lovegas95 Low-Roller

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    Thanks breanna61!
     
    Must...Go...To...Vegas!!
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  16. Lady Fortuna

    Lady Fortuna High-Roller

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    Thank you!
     
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  17. shokhead

    shokhead I'm no big spender!

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    Not sure when that was made but I tried that a few years back and it did nothing. Maybe someone in vegas now can try it.
     
    Here we go again!
  18. Lady Fortuna

    Lady Fortuna High-Roller

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    I kind of feel the same as the OP though. Not thinking about gangs, like someone mentioned. But simply the hotel staff, like cleaning staff for example. Nobody thinks anything of it when they disappear in your room while you are out. They are not supposed to close the door when they clean the rooms. But who is going to pay attention to that? Even if you put a sign on the door, if they know you're alone and they see you leave (dressed-up and with bag and sunglasses etc.), no one will think twice when they enter anyway and go through your room. Or if they have a way to get into the safe, then they don't even waste time to go through the room, they'll go straight to the safe, take some money, close the safe again and leave.

    That is my worry, that they will take just one $100 bill or just one envelope and then when you come back at night (drunk!) and discover something is missing (if not the next day or days later, if at all!), that you might not even think of theft, but just doubt yourself, thinking maybe you're just mistaken. Since the rest of the room and the safe are untouched. And if I brought a lot of money like the OP, then I would worry about the same thieve running into the stack of money in my safe and see their chance and run with it. How do you prove that you really had x amount of money in your safe and that you're not just mistaken because you were drunk? I can imagine that happens often enough, that people don't remember (correctly) what they spent the night before and some probably even make a scene out of it.

    As a low roller, I have no big amounts of money to worry about or to leave with the casino cashier. But I hope that solution works out for you, makuk! I will just go back to my previous methods of protection, which consist of ehm... non actually. But I will check in the future if the safe will open with 4-, 5-, 6- times 0. And I was thinking, maybe to take a picture of the contents of the safe, after every time I take something out of it and keep them on my phone as prove. But that idea probably hits the graveyard, as soon as the wheels of the plane hit McCarran. Anyway... getting this long story off my chest already helps ;-)
     
  19. makuk

    makuk Low-Roller

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    Those are my concerns Lady Fortuna, I know people say it doesn't happen or it won't happen but in reality it could happen, this is why I just don't feel comfortable leaving it in a room safe knowing that 3rd parties CAN get into my room and in reality CAN get in to my safe.

    Can you imagine the difficulties in proving, firstly that it has happened and secondly how much was taken. And you are right, each day I have an idea of how much I have left in the safe but if a couple of hundred $ was to be taken I can honestly say I would not know as I am drunk nearly every night in Vegas!!
     
  20. nostresshere

    nostresshere Mr. Anti Debit Card

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    As mentioned, it was a default. Some hotels will do the right thing and erase that. Others may not.

    And of course, if a bad safe is replaced, maybe that ONE safe did not get reset.


    So, your past experience may not be valid.