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what happens after bank report you for paying in large cash sum ?

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Comments

  • catskennel
    catskennel Posts: 6 Forumite
    Thanks very much everyone for your input and advice. I'm going to try and forget about it now, nothing else we can do anyway !
    For those that asked questions here are a few answers; our bank is Natwest and I did see cashier filling in the form and asked about it. Mums with Barclays so could not pay it straight in as lot of old notes (we just did what our bank told us to - I phoned the branch first for advice). We came home Sunday eve (its a 2 hr drive) so could not take Mum to bank with it. Had no idea how much was there or qty of old notes until we got it home.
  • dzug1
    dzug1 Posts: 13,535 Forumite
    10,000 Posts Combo Breaker
    I always thought the "alarm bells" started ringing at paying in 10K in cash. It must have been lowered to 5K now then. I have to admit I am surprised they told you that and tipped you off.

    The trigger amount will vary a lot with the institution and type of account - it can be as low as £500
  • dzug1
    dzug1 Posts: 13,535 Forumite
    10,000 Posts Combo Breaker
    Gromitt wrote: »
    . It felt like we were being investigated for fraud!

    Never heard anything else after that 'interview'.

    eerrm you were - and found not guilty
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