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albatrosss

21,158 Posts.

662

04/07/21

14:24

Post #: 54268335
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Originally posted by SoConfused: ↑

That would depend on the amount you have in the savings account haha

I would be surprised if one went to the bank and wanted to withdraw $200,000 in cash on the spot and bank could actually accommodate this without waiting period. I also would suspect that this would set off a bunch of alarms around the place and reporting requirements.

This is only in my opinion, not offered or to be taken as financial advice. Not recommendation. Do your own research.

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What sort of alarm and reportings?
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0 Great analysis

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