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Can I pay a 10k cheque into my bank a/c without them thinking I'm dodgy?

5 replies

StripeyKnickersSpottySocks · 05/09/2009 13:02

I'm sure I read somewhere that anything 10k or over sets off money laundering alarm bells. Its an inheritance from my Gran, but my brother got all the money as he's executor and he's just sent me a cheque. I don't have any paperwork relating to an inheritance.

OP posts:
weegiemum · 05/09/2009 13:03

Yes, you can.

Not so much Money laundering, as the bank ended up chasing us (after I inherited a sum) asking us how we wanted to "invest" it.

Ended up "investing" in the mortgage, the credit card bill and the Inland Revenue. Funtimes!

StripeyKnickersSpottySocks · 05/09/2009 13:05

Well I'm sure I can have great pleasure in telling Barclays that they don't have an a/c payng a good enough interest rate and once its in my current account its going to ING savings! Thanks.

OP posts:
shinyshoes · 05/09/2009 13:07

worry about it when they come a knockin'. .

You've done nothing wrong have you and you have no choice but to pay it into a bank. I wouldn't worry about it to be honest

StripeyKnickersSpottySocks · 05/09/2009 13:09

I know my DH tried to pay 10k off the mortgage recently and they refused to accept it unless he could prove where the money had come from. He couldn't be bothered with photocopyng 2 years of statements, etc so paid £9999 off instead which was fine.

OP posts:
mustrunmore · 05/09/2009 13:10

I paid in 21k when I sold my flat once, and it took forever for them to decide it was safe to accept, so you might have to allow a good block of time to do it! I think I was in TSB about an hour

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