Bank Account Limit

AzimScot

Hi,

Is there a certain amount of money your allowed to transfer to a regular current account before you get interviewed by the bank and asked proof and verification of where the money came from?

If memory serves me right is it £8,000+ in 1 transaction?

Thanks.

staffie1

I put £22000 cash in my barclays account a couple of yrs ago, no questions asked. (although they did suggest I pay it into a savings account so that it would earn some interest....that was when banks paid interest on savings)

Saving

AzimScot wrote: »

Hi,

Is there a certain amount of money your allowed to transfer to a regular current account before you get interviewed by the bank and asked proof and verification of where the money came from?

If memory serves me right is it £8,000+ in 1 transaction?

Thanks.

In a word, no.

PNPSUKNET

If its genuine money shouldnt be a problem, they normaly ask for proof these days to stop crime