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In the UK, there is generally no limit on the amount of cash you can deposit into a bank account. However, banks may have their own policies regarding large deposits, which could include additional verification steps to comply with anti-money laundering regulations. It's advisable to check with your specific bank for any limits or requirements they may have. Additionally, deposits over £10,000 may require reporting to the authorities.
What else can I help you with?
How much deposit money for open a new account?
It depends on a lot of unknowns. In the UK, you can open a basic savings account in most banks with as little as £1.00 !
How many 10 year olds have a bank account in UK?
I don't think any because in most banks in the UK you have to be 11 or older to have a bank account. When you get a bank account you also will receive a debit card. Where you can take out money from a cash point.
How much cash can deposit into a UK bank at one time?
No bank in any country around the globe can limit the amount of money that can be deposited into its accounts. It is your money and you can deposit it anytime you want and with any bank you want. If the amounts are huge, the banks may ask you to provide a source of income for regulatory reporting purposes. But, they can never say No to a deposit or set any limits on the same.
Can UK money be deposited in US bank account?
Yes. Most major banks in the US accept deposit of foreign currency notes. The point to note here is that, the deposit accepting bank would convert the foreign currency into the local currency (US Dollar) at the prevailing exchange rates, before crediting the money into your account.
Can you cash a Irish postal order in the UK?
can you cash an irish postal money order at a uk bank
Can you open an account in US and have a person from UK deposit money in that account?
Yes. There are no restrictions as to who can deposit cash into an account. Anyone can deposit cash into anyone else's account as long as they know the account number of the account into which they want to deposit cash. For ex: I can walk into the bank branch where you hold a checking account and deposit $500 into it if I know the account number. Nobody will ask or question me as to why I am doing so…
Can you deposit INRI Cheque on account of UK in Mumbai?
no
How much deposit money for open a new account?
It depends on a lot of unknowns. In the UK, you can open a basic savings account in most banks with as little as £1.00 !
What is another name for checking account?
"cuenta corriente" this is in spanish
How much cash can you transfer into UK bank account from eu country?
As much as you like. Past a certain amount, there will be additional paperwork to fill out. The bank will go over all of it with you.
How to transfer cash from Canada to UK?
Just get the person in Canada to transfer it into your UK account. They just have to tell the bank in Canada they want to 'wire some cash to the UK'. All they need is your bank details - Bank, branch, sort code and account number. The Canadian bank will electronically transfer the funds (in dollars) to the UK - and your UK bank will convert it into Sterling at the rate when the transfer takes place.
How many 10 year olds have a bank account in UK?
I don't think any because in most banks in the UK you have to be 11 or older to have a bank account. When you get a bank account you also will receive a debit card. Where you can take out money from a cash point.
How much cash can deposit into a UK bank at one time?
No bank in any country around the globe can limit the amount of money that can be deposited into its accounts. It is your money and you can deposit it anytime you want and with any bank you want. If the amounts are huge, the banks may ask you to provide a source of income for regulatory reporting purposes. But, they can never say No to a deposit or set any limits on the same.
How much cash can I bring into the UK?
As of 2021, travelers entering or leaving the UK must declare any amount of cash over 10,000 (or equivalent in another currency). This applies to both UK residents and visitors.
How can one obtain a good percentage on a deposit when already with credit in the UK?
Depends on the amount you want to deposit on your account. Best way is to contact with some banks and tell them about what you want, they will explain you the possibilities and you will find the best one!
How much cash can you carry to UK from India?
i am going to india iwant to get clear how much cash can a person take to india
How do you cash a cheque without a bank account in UK?
If you do not have a bank account and you live in the United Kingdom, then you can cash a cheque via any smart phone or cellular device. If you take a picture of the check, there are atm apps that will allow you to store the alloted sum.
