Originally Posted by
babalooie21204
I think this might be YMMV, Just last week in NYC i had no problem depositing 7XXX in fresh 100' bills. No id needed, maybe its just my pretty face.
Chase is rolling it out, all branch's by March 3rd.
Here is a link to Fox
News story.
They cite ML risks. It is all about liability, since you can still deposit a MO in another persons account. The only thing this rule addresses is Chase being on the hook for taking cash deposits and not reporting properly.