Using Banks and Bank Accounts/Cash Deposit


Hi Expert George,

If I would go to my bank to deposit $5,000 cash into my savings account, does the teller has the right or authority to question me the origin or source of those cash? Thanks and awaiting your prompt reply.

Hi Alex,

No the Teller or any bank employee has no right to question where your money is coming from, if they are suspicious about a transaction they can fill out a behind the scenes (SAR) suspicious activity report, confidential from the customer.

If you deposit over $10,000.00 in cash than they have the right to ask you certain questions like home address and where you work and your ID, but never do they need to ask you where the money came from....especially for a $5,000 deposit.

Take care.

Using Banks and Bank Accounts

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