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Cash deposits
jimbotot
Posts: 13 Forumite
Does anyone know if there is a limit to the amount of cash you can pay into the bank,
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Comments
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I doubt there is a statutory limit to how much you can pay in (although individual banks might have their own rules) but for the purposes of complying with money laundering regulations, you might well find that the cashier would insist on documentary evidence / an explanation of the source of the money and you might well find that your account was blocked while checks were made?0
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They often place limits on coin.:D"If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0
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