Paying cash into ba...
 

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[Closed] Paying cash into banks and laundering money.

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Posts: 0
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Topic starter
 

I've been making the most of the pounds swan dive when while back in the UK and withdrawing cash from our overseas savings account using an ATM card - the fees are at a flat rate, and I get the local exchange rate which is even more favorable than the one I would doing FX here.

I have been told that paying in anything over a couple of thousand will result in me being interrogated by the bank for anti-money laundering.

Is it this hard to pay my own money in or not?


 
Posted : 06/07/2016 9:41 pm
Posts: 16346
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You just need to show where the money comes from. Had a similar issue recently so went in with all the documents but they didn't seem that fussed


 
Posted : 06/07/2016 9:43 pm
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As above, if they ask say its your money. If really necessary show them a screen shot/statement from the account.


 
Posted : 06/07/2016 9:46 pm
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Topic starter
 

Cheers, I shall put away my flasher mac and dark sunglasses and all will be fine.


 
Posted : 06/07/2016 9:49 pm
Posts: 7887
Free Member
 

I'm on to you.

I can also help.

My account number is xxxxxxxxxxxxxxxxxxxx


 
Posted : 06/07/2016 10:15 pm
Posts: 17779
Full Member
 

Use a cool iron on those new plastic notes.


 
Posted : 07/07/2016 9:08 am

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