Banking privacy

pmduk

With RIPA you should assume any area of Government, local or national, can find out whatever they wish.

chambta

You'd be surprised, or maybe not, how often customers ask me if 'they' can see what's in each savings account. Generally it seems to be to with the aim of avoiding the limit for council tax benefit and local housing allowance.

Goldiegirl

Hazzanet wrote: »

When I worked for NatWest in my youth, I remember getting sent down to one of the vaults in a city centre branch to sift through the 'waste' (old paid cheques that were stored for 6 years or so) to obtain the original cheques for the taxman that was investigating a company.

From that you can glean that (a) it was a long time ago, just before cheque imaging came in to play, (b) the cheques were issued before centralised voucher processing came in and (c) the taxman can look at your old cheques.

Ah.... The waste, that brings back 70's memories at Barclays.

Gromitt

chambta wrote: »

You'd be surprised, or maybe not, how often customers ask me if 'they' can see what's in each savings account. Generally it seems to be to with the aim of avoiding the limit for council tax benefit and local housing allowance.

I used to know someone who sold a car for 8K, and didn't want to put the money in a bank, so got the buyer to withdraw it as cash (took some doing apparently, the bank refused at first) and then bought and stored it inside a safe so "they" didn't find out about it.