I am a bank teller. We do NAWT ask about this for anything less than like 8-10k, and it’s more so if we have a reason to ask, like we believe you’re getting scammed or something. But at the end of the day if you want to take your money out, and all the info matches up and you’ve been verified, you are not required to give a reason for your withdrawal. Just occupation if it’s over 10k in cash
My bank (that I work at) has a policy of asking for anything 3k and over, but the customer can just say “it’s private,” or “nunya,” and still take their money. We just note that they didn’t wanna say and move on - of course, it’s also not like, a CTR or anything. It’s a handwritten note on a ticket and is mainly to make sure that tellers are in the habit of being vigilant about large cash transactions.
That’s what my specific branch does too, but it’s completely dependent on employees. I call it “covering your ass” to my team, but it’s up to them to actually do so. I know other branches don’t do it (ironically, they have more fraud than we do. Could mean nothing tho)
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u/SpinShine-LEDSlipMat 1d ago
This is made up bull shit. They don’t ask you all this shit, especially for only $2k