Withdrawing cash - solicitor

JamesPenny

Hi.
I withdrew £10k in cash from one of my bank accounts over 2 - 3 months (from an ATM as cash withdrawals).
I did this because I always like to have cash savings in case of an emergency (like the virus etc).
Now, I want to buy a flat.  If I deposit the £10k into another account (after all this time it was withdrawn), would this raise a red flag with my solicitor who will be checking bank statements for a flat purchase?
i.e.  is it OK to withdraw cash from one account to another account for the simple reason that I like holding cash as a safety net (even if 10k might seem like a lot)? 
How would I explain this to the solicitor as they will query large cash deposits for AML regulations.

Thanks.

eDicky

Did you keep all the ATM slips..?

colsten

Your withdrawals would show on your bank statements

Alter_ego

10K is a lot of withdrawals from ATM. What was the daily limit? You could always pay it back in gradually.

eDicky

colsten said:

Your withdrawals would show on your bank statements

Of course, as I realised soon after posting, which I shouldn't do so early in the morning..!

eskbanker

JamesPenny said:

I did this because I always like to have cash savings in case of an emergency (like the virus etc).

Covid-19 being an emergency which, ironically, has led to physical cash being less useful than usual, with acceptance at least discouraged where not actually prevented....