Large quantities of cash

[Robin11]

How can I pay large quantities of cash into the bank without the branch getting suspicious? Is �1000+ a week too dangerous?

[cheyenne]

if your a manager of woolies i dont think they would get to suspicious.why do you say �1000squid a week is dangerous,have you been robin it robin?has it been obtained illegally.be carefull they do report to the police any monies they think are a bit dodgy.

[stevie21]

Open a small business account and tell them that you're a taxi driver. Alternatively, be completely open and honest and eventually this type of conduct will be completely normal for you and barely an eyebrow will be raised.

[johnjbloomfi]

does it matter if it's suspicious as long as the money is legally yours

[B_Ramkesh]

Interesting question. Would the money legally be your if the cash was a direct result of drug-dealing? **not that I'm suggesting Robin11 is doing this**

[Miss Zippy]

All financial institutions must adhere to the Money Laundering Regulations 2003 and the recommendation given by the Financial Action Task Force and Joint Money Laundering Steering Group - this means banks and all other financial institutions are obliged to take active measures to counter the efforts of money launderers.I'm not suggesting for one minute that the cash you refer to is from any illicit means, but if paying �1,000 cash into your account each week is deemed to be "unusual activity" based on your history with your bank, it may well raise suspicion and prompt the bank to lodge a report with NCIS. A financial institution will not not raise their suspicion with you first, as it would be committing a criminal offence(known as "tipping off"). Of course, if the cash is from legitimate means, then you have nothing at all to be concerned about if your bank does become suspicous and NCIS are involved.