strongopenyon

I have BSA/AML bank experience, so I'll approach this from both sides. It's possible that the branch employees have never seen you and were simply asking a few innocent questions just to see how you'd respond. They aren't used to seeing your smiling face on a regular basis, so they were doing a little due diligence just to see if your behavior would raise any red flags. I'd always tell my employees that if they found themselves in an unfamiliar/uncomfortable situation, to ask some basic questions to see how the customer responded. Sometimes if an unknown customer acts skittish when asked some innocent questions, there may be something up. I realized they verified your ID, but sometimes tellers are petrified of making costly mistakes due to fraud.

 

The other side of the coin is that you were only withdrawing $1,000 in cash. That's a relatively "small" type of withdrawal compared to some of the withdrawals tellers are used to seeing. That withdrawal amount is nowhere near any BSA/AML cash transaction threshold limit. $3,000+ is where I could see they might ask you a few questions (Google BSA limits if you want to know why). I could see them asking you a few questions if you were cashing a check not drawn off of a Chase customer's account but not for withdrawing your own money from your account. I can certainly see why you'd feel the way you did. You shouldn't have been "put on the stand" to withdraw $1,000 cash from your account.

You make some good points.

I am NOT a regular customer at that branch. I went to the Chase Bank closest to my employment. It was actually a $4000.00 withdrawal, but I was surprised that made a difference. I was always told $10,000+ creates all kinds of hoops to jump.

There is more to it than that. If you have reason to believe someone is trying to skirt under the AML threshold/rules you still file paperwork.

 

I'm guessing it might have been a bad attempt at being friendly. :idunno:

Friendly or nosey?

That account has been active about 1 1/2 years. My withdrawal was for $4000.00. If you get $10K you have to complete IRS paperwork, I am told.

I was well under that radar.

The teller getting approval is normal depending on their level of experience or lack thereof. I've known new tellers to have a $600 limit without approval.

 

The asking why part is ridiculous and over the line.The only reason that would come up is if you had multiple withdraws quickly or a large withdraw over $10K where you would get into anti money laundering paperwork.

No previous withdrawals and the deposit into that account was about five months ago for $5000.00.

I don't mean to be critical, but we hear this every year, and every year they finish with 3-4 (or more) losses, can't beat Scott County, and flame out in the postseason. I'm hoping they make the step forward this year - I want city football to be strong across the board. :thumb:

It is not being critical, but rather, a very good question you pose.

I do not have the answer.

They did give me the money, but I walked away feeling like a criminal.

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, which is not the branch at which I opened the account nearly two years ago. I identified myself by inserting my debit card chip into the machine as well as providing my Driver's License. I wrote a countercheck for the amount of my withdrawal.

Why you would have thought I was asking for a million dollars! The teller asked me if $50 dollar bills would be fine, and I asked for $100's. I did not want a big wad of bills in my pocket. She did provide me with $100 dollar bills, but before she gave them to me, she said she needed approval from her manager. The manager came over and asked me why I was withdrawing so much money, and what I was using the money for. As "none of your business" was on the tip of my tongue, I checked myself and said I needed to make a purchase. She asked why I could not write a check or use a credit card for that purchase. I told her I was not asked questions when I made the deposit into the account, and wondered why all the questions. She informed me it was standard procedure.

Is this, in fact, standard procedure at financial institutions? I need to be enlightened by someone who might know the typical protocol at banks these days.

I got a laugh out of this.

Congrats to Jack.....is his dad named Walt?

I know you all are joking around, but his father is named Hank. He played football at Vanderbilt.

Jack's brother, Will, was a first team freshman all-American offensive lineman at Harvard. Good family.

I wonder if Coach Brown ever has thoughts of going back home to Bourbon Co.? Maybe not now since his son still has a couple years left at his current school, but after that.

Daniel Brown grew up and played at Nicholas County.

Insider trading.

After watching the replay about 20 times, Willis was matched up with Maye as they ran down the floor. Briscoe was on Joel Berry. Willis gave help on Pinson, although I thought De'Aaron Fox maintained very good position on Theo Pinson. Maye popped out and hit the jumper. Briscoe left Berry to try and help, but......too late.

Walton playing well.

If I had to pick one player from the NCAA tournament to build a team around, it might be Derrick Walton, Jr. he has had a fantastic tournament.

I went back and looked it up. In the last 10 years, Kentucky is 8 wins and 11 losses when Roger Ayers officiates their game. Not good.

I felt really good about this one until I learned Roger Ayers will be one of the whistles in this game.

Kentucky teams have not faired well when Roger Ayers is one of the zebras.

Oh hell...Roger Ayers has reared his ugly head.

Not good for Cal and the Cats.

Announcement coming tomorrow?

I love the Portuguese Water dog, and no, not because our former president had this type of breed.

Foot over the line on BOTH free throws. No call.

Great half by Hawkins so far!!

Dominique Hawkins is an effective player for the Cats. However, I am a strong believer he chose the wrong sport to be able to extend his athletic career after college. He would have been a great NFL safety. He has the total skill set to have played many years in professional football.

I think it is amazing there have been 31 players score over 3000 points in their career in Kentucky High School basketball.

Not perfect, but OLDER THAN DIRT.

I have no recollection of telephone numbers with a word prefix or the Black Jack gum. Can someone enlighten an old guy?

From the picture above, this kid has a picture perfect stroke. Great balance and steadiness.

With the talent on that team, just about any competent football guy can succeed there IMO. Sort of a surprising choice to me. I, like Bandit, wonder if he has ties to Dan Quinn...

It appears the tie between Dan Quinn and Steve Sarkisian is Pete Carroll. Both worked for Pete, although on different teams.

That and Sark was coach at Washington during the time Quinn coached in Seattle.

To New England's credit, they did RISK their 6th round draft pick on this guy.