What are the bank's rules?

Page 3 of I recently had the need to withdraw more than \\$1000 cash from one of my bank accounts. I went into the Chase Bank branch near my place of employment, w... 37 comments | 1020 Views | Go to page 1 →

  1. #31
    doomer's Avatar
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    I would recommend providing your feedback to bank management. I would hope that they would want to know when/if they are making a valued customer feel unnecessarily uncomfortable. Otherwise, I would agree with the others, and I would tell them it was none of the bank's business why I was withdrawing money.
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  2. #32
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    I made a deposit today at Chase for the softball coaches association, they wanted to see my driver's license before they made the deposit......what the heck?????

  3. #33
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    Quote Originally Posted by Lawnboy13 View Post
    I made a deposit today at Chase for the softball coaches association, they wanted to see my driver's license before they made the deposit......what the heck?????
    Was it a cash deposit? If so, it's just another measure becoming standard practice at banks to attempt to prevent money laundering. I think Chase got that ball rolling a few years ago, and others are following suit.

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    Quote Originally Posted by Lawnboy13 View Post
    I made a deposit today at Chase for the softball coaches association, they wanted to see my driver's license before they made the deposit......what the heck?????
    I get there's a bit of inconvenience, especially on a deposit. But a couple extra seconds of inconvenience is worth it for a little extra protection isn't it?? It's not that hard to show an ID. All of us would blow a gasket if the bank made a mistake that negatively affected us and inconvenienced us in a major way. I'm ok with the extra scrutiny if it protects me.

  5. #35
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    Quote Originally Posted by Hangman View Post
    Was it a cash deposit? If so, it's just another measure becoming standard practice at banks to attempt to prevent money laundering. I think Chase got that ball rolling a few years ago, and others are following suit.
    $324 cash and $275 in checks.

    Yeah, the Northern Kentucky Softball Coaches Association is in the money laundering business.

  6. #36
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    Quote Originally Posted by rjs4470 View Post
    I get there's a bit of inconvenience, especially on a deposit. But a couple extra seconds of inconvenience is worth it for a little extra protection isn't it?? It's not that hard to show an ID. All of us would blow a gasket if the bank made a mistake that negatively affected us and inconvenienced us in a major way. I'm ok with the extra scrutiny if it protects me.
    It is when you don't have it with you.

  7. #37
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    Quote Originally Posted by Lawnboy13 View Post
    It is when you don't have it with you.
    Well who's fault is that?

  8. #38
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    Quote Originally Posted by Lawnboy13 View Post
    $324 cash and $275 in checks.

    Yeah, the Northern Kentucky Softball Coaches Association is in the money laundering business.
    If you were going to launder money, would you want it to be obvious?

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