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30k in cash

28 replies

Jellycatjo · 11/05/2026 20:07

My mum has been saving cash for years and I found 30k in cash , she’s in a pickle in what she should do with this as I don’t think can pay into a bank that large amount? Without questions being asked ? She is old fashioned and a hoarder. Cash is king etc
Im unsure what to advise I have told her to stop drawing out cash but she’s adamant the government are trying to monitor every person etc . What can I do to help advise her I’ve bought her a house safe for now so it’s at least protected more than stashed in the house

OP posts:
Notmyreality · 23/05/2026 08:38

Well she can

  1. keep it as is in hard cash
  2. put it in her bank account. Of course they will take it but you will need to be prepared to answer the questions/jump through a few hoops.
  3. Give it to you in chunks and you put it in your bank, transferring the equivalent to her account. Again be prepared to be asked where it came from.
Notmyreality · 23/05/2026 08:41

OtterMummy2024 · 12/05/2026 21:12

Surely the answer is a mix of things - some local building society, some in her bank account, a chunk in premium bonds?

She’s has to get it into some form of account first before investing it anything like premium bonds, or an ISA for example. That’s the tricky part.

basingstokebluesfortwos · 23/05/2026 09:44

Id Leave it it’s her money

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