Originally Posted by
NWplatinum
These big banks are ridiculous. The new norm is if you suddenly get a big cash injection you must be a drug dealer/money launderer/engaging in illegal activity. I was banned from Bank of America for too much cash I deposited (in a cash business). Then recently had USAA close my accounts because of two large $33,000 transactions from customers in Germany.
Banking and and banks have gotten a little crazy in my opinion. You need to go to Wells Fargo or HSBC, they’ll let anything fly.
As long as banks know where the money is coming from and can verify the source, they are more than happy to accept it, no matter whether it is cash or wire.
However, the source is the problem. If that is questionable, then there are going to be issues and most banks don't like issues and will shut down accounts that have them.