tabana wrote:
Actually it's the same for cash too. If you make a deposit over $5000, they'll freeze it or will ask questions. You may end up in the manager's office, if you look suspicious or have a big amount. It's a security layer to prevent money laundering.
Unless it's a certified check, you won't be able to touch the money for a week or two. Even if you go to the counter, it's the same thing. Especially if you give the clerk $50K in $20 in a brown paper bag. :hehe:
i went into a bank w/ my ex long time ago w/ their restaurants monthly deposit. it took almost half an hour to count out $200k in cash. :sweat:
Of course, this was a commercial (taiwanese) bank and they're used to having large amounts of cash come in. but that's how they laundered their money to dodge taxes here. The account is in the name of an uncle who lives in taiwan. I dunno if they still do it, if i knew i'd turn them into the IRS for the % reward.