Do banks get suspicious??
un-Touch'd krew
Joined: May 2001
Posts: 51,774
Likes: 1
From: My own level of hell
5k withdrawl is nothing. That takes no forewarning whatsoever. In fact, I had 2 different people come in and withdrawl over 5k today no problems. And if a deposit is in check form, there is really no limit to a single deposit to require paper work. I had someone deposit 500k in checks today. It all depends on the account profile.
I asked the manager what the problem was and she said they needed some forewarning for amounts over 5k due to amount available on hand and such.
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"I'll keep my money, guns and freedom. You can keep the "Change."
"I'll keep my money, guns and freedom. You can keep the "Change."
snitches get stitches
Joined: May 2002
Posts: 49,696
Likes: 1
From: Portland, OR
Depends a lot on the size of the bank as well. I made an 8k withdrawal from my bank here in town and they about crapped their pants :chuckles:
I asked the manager what the problem was and she said they needed some forewarning for amounts over 5k due to amount available on hand and such.
I asked the manager what the problem was and she said they needed some forewarning for amounts over 5k due to amount available on hand and such.
Yeah that is one thing I've learned since I got a job at a bank. People seem to think that banks have a vast amazing amount of money...and that simply isn't true. But I worker for a larger bank so its not as much of an issue. If you're dealing with a smaller community bank/credit union, this is moreso the case.
snitches get stitches
Joined: May 2002
Posts: 49,696
Likes: 1
From: Portland, OR
Yes, but eventually someone will notice. If you don't have a legit reason, don't try and use a bank to launder your money. You'll get caught. If you can account for all the money from legal activities, then you can do anything you want.
Civilian
Joined: Jun 2003
Posts: 8,407
Likes: 1
From: Miami Beach. FL
Maaaan, I wish I could find the story about that guy that got one of those fake business checks in the mail from some company that said "This amount could be yours!" and it was for like $63,000 or something and he cashed it just for fun at an ATM. Well the bank thought the check was convincing enough and credited his account for the amount and the company lost the money. That was an awesome story, would read again. I just don't feel like searching that far back 
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Thread Starter
Senior Member
Joined: Mar 2006
Posts: 592
Likes: 0
Maaaan, I wish I could find the story about that guy that got one of those fake business checks in the mail from some company that said "This amount could be yours!" and it was for like $63,000 or something and he cashed it just for fun at an ATM. Well the bank thought the check was convincing enough and credited his account for the amount and the company lost the money. That was an awesome story, would read again. I just don't feel like searching that far back h:
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Civilian
Joined: Jun 2003
Posts: 8,407
Likes: 1
From: Miami Beach. FL