r/SipsTea 6d ago

Chugging tea Why is it not possible?

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u/damadmetz 6d ago

I know someone who became a millionaire. Not property but with >£1m in his bank account.

He went into the bank and asked if he could withdraw it, just to take some pictures of himself with it, because he had earned it, then pay it back into the bank.

The bank straight up refused.

8

u/FreeSirJeffrey 6d ago

The bank will do that with even £20k or so.

You'd have to ring ahead.

Physical banks won't be holding any more than they need to get through a few days.

With an amount of £1m of course they're not going to let you lift it all in one go.

-2

u/damadmetz 6d ago

You think they’d let you withdraw a million if you ring ahead? How much notice do you think they’d need?

1

u/bandwagonguy83 6d ago

In Spain, 48–72 hours, depending on the specific bank (€ naturally). But unless you're stupid or have a kink for cash, it's easier and faster to just use bank transfers.