Carrying $1 Million in Cash Is Easier Than You'd Think

Reading Time:

< 1

minutes

Published February 5, 2018 2:12 AM PST

Larry Summers proposed eliminating high denomination currency to help curb illegal cash transfers. Bloomberg looks at how this would impact a $1 million handoff.

Share this article

generic banners explore the internet 1500x300

Follow Finance Monthly

Just for you

Bloomberg

Last Updated 7th January 2026

Share this article

Finance Monthly delivers authoritative insight into global corporate activity, covering mergers and acquisitions, corporate transactions, private equity, capital markets, and strategic dealmaking. We provide clear reporting and analysis on the forces shaping companies, markets, and investment decisions worldwide for a professional audience of executives, investors, and advisors.

Carrying $1 Million in Cash Is Easier Than You'd Think

Share this article

Share this article

Follow Us