Is it safe to accept a cash deposit direct into my bank account?

jonesMUFCforever

18cc wrote: »

I agree I don't think it is a criminal offence of itself to receive suspect cash into ones account however by doing so you risk the account being suspended or closed down and be risking having to answer some questions from the authorities about what you did or didn't know about the cash particularly if for example the serial numbers of the notes are on some watch list or if indeed the cash is counterfeit

We are not saying that the cash is counterfeit - banks have pens and note counters that can find those - we are saying paying in cash *by a 3rd party) is risky because you don't know where it has come from.
If the money is given to you and then you pay it in its then down to you to explain where it came from. If the bank does not believe you or thinks it is dodgy then the account will be frozen.

18cc

Yes agreed you are not saying that but but ***I*** am saying that ...

Edi81

The op doesn’t have a great track record with banks!
I wonder when they will realise it’s all more hassle than it’s wortth......