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re: Bank cash withdraw limit?

Posted on 6/14/12 at 6:13 pm to
Posted by ZereauxSum
Lot 23E
Member since Nov 2008
10176 posts
Posted on 6/14/12 at 6:13 pm to
quote:

I had to cash a 15K check at Chase. They had to go to two other banks to get that amount of cash. I was like WTF? This is a bank right? Closed my shite down with them after that crap.


I worked at several different branches of a bank while in college. It's a balancing act. Cash is a liability if your branch gets robbed and like LSUBanker said, you don't earn interest on cash in the vault or in teller draws.

A teller saying that they don't have 15K sounds suspicious, but what I can imagine happening (I've seen something similar) is someone walking into a bank wanting to cash a large check on a payday Friday, early afternoon.

The head teller might believe that the branch will run out of 100s before close and might try to talk the customer into either depositing some or taking a cashiers check (no fee of course). But I've never heard of a bank turning away a customer.

Now, if you don't have accounts there, I can see some tellers BSing you just so you go to another branch. Is it possible that they didn't know you were a customer of the bank?
Posted by Dead Mike
Cell Block 4
Member since Mar 2010
3391 posts
Posted on 6/14/12 at 11:59 pm to
quote:

Now, if you don't have accounts there, I can see some tellers BSing you just so you go to another branch. Is it possible that they didn't know you were a customer of the bank?



I can see it if the branch is low on large bills and/or the vault teller is out of the branch, but two branches?
Posted by fishfighter
RIP
Member since Apr 2008
40026 posts
Posted on 6/15/12 at 5:11 am to
quote:

Is it possible that they didn't know you were a customer of the bank?


They knew me. I had more moneys in my acc.
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