Cheese Posted July 11, 2023 Posted July 11, 2023 2 minutes ago, Tonge moor green jacket said: Far more widespread now than simply political. Latest story- a highly successful business man went into his branch and asked for £25k in cash. An account with over a million going into/through it over the year. He was questioned by someone in the bank as to it's purpose, and replied it was for spending on Christmas presents. Told he couldn't have it- his own money! Understandably vented his annoyance and then had his account closed! Now, for most of us, taking out £25k in cash would seem weird, almost anathema. However for a high-roller, maybe it's what they do. Certainly shouldn't be a bank employee's right to question a customer so much, then refuse. So long as it's within the account's limits/conditions then the customer should be entitled to his or her money. Have you got a link to said story? Quote
royal white Posted July 11, 2023 Posted July 11, 2023 7 minutes ago, Tonge moor green jacket said: Far more widespread now than simply political. Latest story- a highly successful business man went into his branch and asked for £25k in cash. An account with over a million going into/through it over the year. He was questioned by someone in the bank as to it's purpose, and replied it was for spending on Christmas presents. Told he couldn't have it- his own money! Understandably vented his annoyance and then had his account closed! Now, for most of us, taking out £25k in cash would seem weird, almost anathema. However for a high-roller, maybe it's what they do. Certainly shouldn't be a bank employee's right to question a customer so much, then refuse. So long as it's within the account's limits/conditions then the customer should be entitled to his or her money. It’s been happening for years and it’s quite ridiculous. Quote
Tonge moor green jacket Posted July 11, 2023 Posted July 11, 2023 1 minute ago, royal white said: It’s been happening for years and it’s quite ridiculous. Seems so. Finally coming out. Could well lead to legislation. It won't happen, but if enough customers started closing their accounts in any given bank, the run could be very damaging. Quote
Spider Posted July 11, 2023 Posted July 11, 2023 They can’t refuse you cash. They can ask what it’s for but the truth is that no law exists to prevent the withdrawal of any amount. Usually they just don’t have it to hand and need to go into the vaults which (and I’m basing this on what our FD told me) are on time locks so can only be accessed at certain times of the day. Quote
royal white Posted July 11, 2023 Posted July 11, 2023 Just now, Spider said: They can’t refuse you cash. They can ask what it’s for but the truth is that no law exists to prevent the withdrawal of any amount. Usually they just don’t have it to hand and need to go into the vaults which (and I’m basing this on what our FD told me) are on time locks so can only be accessed at certain times of the day. My main concern is WTF does it have to do with a cashier or the bank? Quote
Spider Posted July 11, 2023 Posted July 11, 2023 Just now, royal white said: My main concern is WTF does it have to do with a cashier or the bank? Nothing. There’s no obligation to answer. Im not buying it, at all. Have any of the banks confirmed they are refusing to give out cash? Quote
Cheese Posted July 11, 2023 Posted July 11, 2023 (edited) 53 minutes ago, Tonge moor green jacket said: Seems so. Finally coming out. Could well lead to legislation. It won't happen, but if enough customers started closing their accounts in any given bank, the run could be very damaging. You swallowed the Farage bullshit, and it seems you've now swallowed some more. Unless you can provide a legitimate source? Edited July 11, 2023 by Cheese Quote
Casino Posted July 11, 2023 Posted July 11, 2023 Its here https://www.theguardian.com/money/2015/sep/12/big-cash-withdrawals-bank-barclays-denied-access Well, no its not, but i guess its something similar Fwiw, my dads bank always asked him what withdrawals were for as they were concerned he was getting scammed Quote
royal white Posted July 11, 2023 Posted July 11, 2023 Barclays 2006 - asked for 12k, asked by the cashier what it was for, told her who said I would need to speak to branch manger. Spoke to him for the best part of 45 mins. “Computer says no” he then phoned head office. Took me 48hrs and 3 months pay slips to get my money. Quote
Cheese Posted July 11, 2023 Posted July 11, 2023 6 minutes ago, Casino said: Its here https://www.theguardian.com/money/2015/sep/12/big-cash-withdrawals-bank-barclays-denied-access Well, no its not, but i guess its something similar Fwiw, my dads bank always asked him what withdrawals were for as they were concerned he was getting scammed It's clearly a massive Lefty Woke conspiracy. Surely every branch of every bank holds the total amount of physical cash that sits in ALL of their customers accounts, just incase every single one of them happens to withdraw it all on the same day? Quote
Cheese Posted July 11, 2023 Posted July 11, 2023 (edited) 5 minutes ago, royal white said: Barclays 2006 - asked for 12k, asked by the cashier what it was for, told her who said I would need to speak to branch manger. Spoke to him for the best part of 45 mins. “Computer says no” he then phoned head office. Took me 48hrs and 3 months pay slips to get my money. Fucking Leftist cunts. How did the cashier know you were a raving fascist? Edited July 11, 2023 by Cheese Quote
gonzo Posted July 11, 2023 Posted July 11, 2023 Is it not simply so HMRC know what you're up to? Quote
royal white Posted July 11, 2023 Posted July 11, 2023 5 minutes ago, gonzo said: Is it not simply so HMRC know what you're up to? Nope, apparently it’s banks wanting to reduce fraud 🤷🏻♂️ Quote
Cheese Posted July 11, 2023 Posted July 11, 2023 1 minute ago, royal white said: Nope, apparently it’s banks wanting to reduce fraud 🤷🏻♂️ I thought it was a Leftist Banker plot to deny Right Wingers of their finances? Quote
Not in Crawley Posted July 11, 2023 Posted July 11, 2023 1 minute ago, royal white said: Nope, apparently it’s banks wanting to reduce fraud 🤷🏻♂️ Oh Rwanda, come on try harder. Quote
Winchester White Posted July 11, 2023 Posted July 11, 2023 25 minutes ago, royal white said: Barclays 2006 - asked for 12k, asked by the cashier what it was for, told her who said I would need to speak to branch manger. Spoke to him for the best part of 45 mins. “Computer says no” he then phoned head office. Took me 48hrs and 3 months pay slips to get my money. I had to arrange with the bank that I would need to pick up 4k in cash from the Culcheth branch of Natwest rather than my usual Horwich branch so I could pay for a car for the missus. This was back in 2000 I think. Before that in 98 I was questioned about a bank draft cheque for my own car even though it was made out to a dealership. If anything, money laundering rules have got a lot slacker in more recent times, maybe they are finally making them better? Quote
Cheese Posted July 11, 2023 Posted July 11, 2023 Basically, Nigel has convinced all the Brexit nutjobs that Anti-Fraud procedures and standard Banking policies that have been in place for decades are revenge for them voting Leave. Quote
Spider Posted July 11, 2023 Posted July 11, 2023 37 minutes ago, royal white said: Barclays 2006 - asked for 12k, asked by the cashier what it was for, told her who said I would need to speak to branch manger. Spoke to him for the best part of 45 mins. “Computer says no” he then phoned head office. Took me 48hrs and 3 months pay slips to get my money. So you got the cash? After they’d made absolutely certain it wasn’t some fraudster stealing your money? You got the cash? Quote
royal white Posted July 11, 2023 Posted July 11, 2023 3 minutes ago, Cheese said: Basically, Nigel has convinced all the Brexit nutjobs that Anti-Fraud procedures and standard Banking policies that have been in place for decades are revenge for them voting Leave. Wait a minute. 30 mins ago you was asking for link and a legitimate source. Now you’re saying these policies have been in for years. Make your mind up. Quote
Not in Crawley Posted July 11, 2023 Posted July 11, 2023 Just now, royal white said: Wait a minute. 30 mins ago you was asking for link and a legitimate source. Now you’re saying these policies have been in for years. Make your mind up. Read back, that's not what he said. Don't go all Bolty. Quote
royal white Posted July 11, 2023 Posted July 11, 2023 1 minute ago, Spider said: So you got the cash? After they’d made absolutely certain it wasn’t some fraudster stealing your money? You got the cash? 2 days later I got my cash. After 2 days. My money. Its pretty obvious I wasn’t the fraudster Quote
royal white Posted July 11, 2023 Posted July 11, 2023 Just now, Not in Crawley said: Read back, that's not what he said. Don't go all Bolty. That is what he said. You’ve been on the wine gums remember Quote
Not in Crawley Posted July 11, 2023 Posted July 11, 2023 Just now, royal white said: That is what he said. You’ve been on the wine gums remember Of course I have poppet. Stop embarrassing yourself. Quote
Cheese Posted July 11, 2023 Posted July 11, 2023 3 minutes ago, royal white said: Wait a minute. 30 mins ago you was asking for link and a legitimate source. Now you’re saying these policies have been in for years. Make your mind up. I asked for a link to the story TMGJ described. Still haven't got one. Quote
Spider Posted July 11, 2023 Posted July 11, 2023 Just now, royal white said: 2 days later I got my cash. After 2 days. My money. Its pretty obvious I wasn’t the fraudster But you got the cash? So they haven’t actually stopped people getting their cash? Not disputing it took 2 days. But if someone pretending to be you had managed to duplicate your details, you’d have been fairly fucked off if they’d just wandered in and took your cash in ten minutes. So, in the end, everyone can get their money out in cash. Nothing to see here. Except screeching snowflakes getting in a lather Quote
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