‘The bank is watching you’: This is what happens when you deposit too much cash into your bank account

Many Americans feel like “Big Brother is watching” when they deposit or withdraw large sums from their bank accounts. Alexis and Dean, a couple running a financial advice start-up, addressed this concern, explaining that it’s perfectly legal to deposit over $10,000 as long as everything is above board. Curious about how banks handle large deposits? Check out this article for a deep dive into bank policies and what to expect.

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Source Article: https://moneywise.com/banking/banking-basics/this-is-what-happens-when-you-deposit-too-much-cash-into-your-bank-account#:~:text=%E2%80%9CIt’s%20not%20like%20you’re,laundering%20and%20other%20financial%20crime.%E2%80%9D

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