If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Max cash lodgement

Arddon · 2013-01-11 12:22:57

Quick one....anybody know the max cash lodgment I can make in one transaction in... (1) AIB (2) PTSB without raising any eyebrows?

Options

11-01-2013 1:22pm

#1

Arddon

Registered Users Posts: 135 ✭✭

Join Date: September 2008

Posts: 68

Quick one....anybody know the max cash lodgment I can make in one transaction in...
(1) AIB
(2) PTSB
without raising any eyebrows?

1

Comments

Options
#2 11-01-2013 9:11pm
Graciefacey

Registered Users Posts: 498 ✭✭

Join Date: November 2011

Posts: 450

Anything over 10k cash means that the staff member must automatically refer the matter to the fraud official for money laundering purposes. However any cash transaction that is out of course with the usual account activity can be reported also, it depends on the staff member.

0
Options
#3 11-01-2013 10:12pm
chris85

Registered Users Posts: 4,502 ✭✭✭

Join Date: June 2006

Posts: 4193

The €10k is generally the threshold. Remember this doesnt mean it must be a single transaction. A number of transactions going over this threshold which is outside normal activity on the account could easily trigger a response to revenue.

0