- Can a bank ask where you got money UK?
- Is it safe to do a bank transfer with a stranger?
- How do I pay money into Barclays account?
- Can I direct deposit to someone else’s account?
- How much money can you deposit before the bank reports UK?
- Can I pay cash into someone else’s account UK?
- How do you transfer money to someone else’s bank account?
- Can I pay money into someone else’s Barclays account?
- How safe is bank transfer?
- Why can’t I deposit money into someone’s account?
- Can I deposit a check that is not in my name?
- Can I send money from my bank account to someone’s PayPal?
- Can I pay in cash at Barclays ATM?
- Can I pay cash into someone else’s bank account?
- Can you deposit cash into an account that is not yours?
- Can I pay cash into a Lloyds account?
Can a bank ask where you got money UK?
Yes they are legally entitled to ask how you got it in case you are evading tax.
It is also part of the EC Money Laundering Laws.
It is a requirement that banks ask.
Not their fault contact the EC..
Is it safe to do a bank transfer with a stranger?
Generally, there isn’t a problem with this scenario as strangers can only deposit money into your account and not take money out of it with just your account number, but you should always exercise caution and remain vigilant.
How do I pay money into Barclays account?
There are various ways to pay into Barclays accounts, including:Paying the cash in at your own bank, then using online, mobile or telephone banking to make the payment.Setting up a standing order – your bank can help with this.More items…
Can I direct deposit to someone else’s account?
While there are no IRS rules that specifically forbid you from depositing your refund into someone else’s account, we don’t recommend it. … Because most banks have fraud-prevention measures that won’t allow a direct deposit into an account bearing a different name.
How much money can you deposit before the bank reports UK?
When a cash deposit of $10,000 or more is made, the bank or financial institution is required to file a form reporting this. This form reports any transaction or series of related transactions in which the total sum is $10,000 or more. So, two related cash deposits of $5,000 or more also have to be reported.
Can I pay cash into someone else’s account UK?
Share this page. Santander and Nationwide have stopped accepting cash payments into personal current and savings accounts from people considered to be ‘third parties’ – including anyone not named on the account.
How do you transfer money to someone else’s bank account?
How to make a bank transferOnline bank transfers. Log in to your online account and select the option for making a payment. … Telephone transfers. Call your bank’s telephone banking service. … In-branch bank transfers. If you have the money in cash, you can pay it into the account of the person you owe it to in-branch.
Can I pay money into someone else’s Barclays account?
Santander, Nationwide and Barclays are among those who have introduced the rules in recent weeks. They say they are clamping down on criminal gangs who launder cash through bank accounts. Customers can still pay into another person’s account by cheque in high street branches.
How safe is bank transfer?
The vast majority of payments to or from a business are made electronically – either by bank transfer or payment (credit or debit) card. Because of the secure nature of banking systems, bank transfers are relatively safe, provided the same care is taken that should be exercised with all online transactions.
Why can’t I deposit money into someone’s account?
Bank of America and Wells Fargo are banning cash deposits into others’ accounts, citing security concerns. But the new restrictions are likely to be seen as a cost-cutting effort to get more people out of their branches.
Can I deposit a check that is not in my name?
You can deposit a check made out to someone else in your own bank account if the payee endorses the check over to you. They will need to write “Pay to
Can I send money from my bank account to someone’s PayPal?
Re: Can people send money from their bank accounts directly to my PayPal account? You can add money from your bank account because your bank account is linked to your paypal account and thus you have set up the direct debit mandate. You can’t do that with another persons bank account !!!! Advice is voluntary.
Can I pay in cash at Barclays ATM?
You can use our self-service machine to pay in cash and cheques, view your balance and transfer money between accounts. … All you need is your Barclays debit card and the details of who you’re paying. If it’s a bill, bring the paper bill or their account details and your reference number if you have one.
Can I pay cash into someone else’s bank account?
Get started. Several big banks no longer let you deposit cash and coins into someone else’s checking account unless you become a joint owner. While adopting the policy is at the discretion of each bank, there is a reasonable chance you are affected.
Can you deposit cash into an account that is not yours?
The best answer to whether anyone can deposit into your savings account is that it depends on your individual banking institution. Most banks allow deposits from non-account holders, but yours may not.
Can I pay cash into a Lloyds account?
You can pay in cash and cheques at the counter of any Lloyds Bank branch or by using one of our Immediate Deposit Machines (IDM)(if available). All deposits made at the counter will be processed immediately.