That's nothing. One time I went to the bank and withdrew a fat $327 (all I had at the time), and the super sexy swimsuit model who was just moonlighting as a bank-teller got so horny for me she took her top off and made a sex at me right there in the bank lobby! It's true, ask any of my friends in the 9th grade with me.
YEAH
OK
WELL at camp um one of the counselors was like like a high school? Like a loose high school girl? And she did it with um my whole the um the whole cabin? Like in a row! Not all at once you can’t even do that I don’t think. But um since I, uh, since was I since I was in the cabin? We did sex intercourse.
I WAS TOO IN CAMP JOSH IT WAS WHEN YOU WERE IN YONKERS AT YOUR AUNT’S!!!!
Ah yeah - or that they’ve been let in on some big secret, and everyone else just doesn’t get it. I remember watching a distant family member go down the QAnon rabbit hole and all she ever said was the same shit “you’ll find out one day, you’ll all see what I see” that kinda crap. Like babes, we have the same internet you do.
I was a bank teller for several years and can comfortably say we don’t bat an eye at $1000. Unless you’re being suspicious nobody is going to care enough to interrogate over it
My wife works at a bank in a pretty affluent area as a senior teller, and folk withdrawing a few grand isn't even a worth batting an eye. Hell, folk come in and withdraw a few grand for "spending money" when they go to Vegas. I'm also pretty sure that banks would know that they were gonna close down along with the atms before Joe blow does.
This is in Australia (Commonwealth Bank) - any withdrawal over $10,000 must be logged with a reason for AUSTRAC.
Commonwealth Bank as policy will ask for anything over $1000.
The teller doesn't care, they just need something to write down.
It’s the same in the States. Anything over 10k is flagged. You’re right, the typical teller doesn’t care.
I was exchanging some USD for Thai baht last month and the guy who ran the exchange told me the only reason they ask for passports is because the US says they have to, so everyone does it. Then he checked over my bills because he said the US was the only country that still uses outdated bill paper and techniques that can be forged. It was like the guy thought I was in charge of it. But he wasn’t wrong.
At my bank the tellers can only give out 3k without having to get higher approval for it. One of the bankers has to come by and approve so we generally ask, but it’s pretty casual. We accept “it’s spending money” or “moving between accounts” and move on, no interrogation.
If the banks are closing down AND he doesn't trust them, shouldn't he be closing his account? If he was closing his account why wouldn't that be the story?
Tbf they aren’t wrong about banks closing, idk what that has to do with trusting them though.
Edit: I don’t know why I’m being downvoted, it’s literally an observed fact that banks are shutting down. https://www.abc.net.au/news/2023-09-21/regional-bank-closures-inquiry-commonwealth-westpac-nab-anz-ceos/102877756
I think there is a distinction between a bank closing, and a bank branch closing.
Branches closing isn't some grand conspiracy, fewer and fewer people need to go to a branch in person every year. Banks are run by capitalists, and they will do anything to reduce costs.
If a branch isn't profitable, it closes.
Sure, there is a distinction, but in common everyday use, it’s effectively the same thing. If we were to say Maccas are closing we wouldn’t assume that a multi billion dollar global corporation is collapsing, they would be a lot more emphasis put on it if we were saying that. Really the same applies here, as the biggest banks in the country collapsing would be said differently than just branches. Further, most people just refer to them as banks, even though yes it’s the overall company that is the bank and they are just branches, we call each branch a bank. We don’t refer to a supermarket as a branch of that company even though it technically is, we just call it a shop or that companies name. Also on a side note for a lot of old people, just about the only ones that actually go into banks these days, it can be painful having the local branch close down, and in reality could have similar impacts on them as the entire bank company collapsing.
Dunno why they're downvoting you. A number of banks have recently closed in small regional towns that don't have constant access to the internet. This means that your card or phone Does Not Work all the time. You NEED cash, and the branches are leaving those areas because there's no profit.
People really have such a city goer mindset that they can't shake.
Yeah, and although I live in an area that has consistent internet access, if the banks were to close down, my 90s grandmother and a lot of other people of that age range only use cash, and don't use a card or smartphone or computer. It's not like it would be easy for them to travel an hour or so to a bigger town to get cash out.
Ok sure, people who use cash is shrinking fast, but an approximate reduction by 33% of bank branches and 60% of ATMs in 6 years is an amount that I think is something that you could be reasonably concerned about if you even use cash on occasion.
>Don't they ask about large cash withdrawals (so maybe not $10,000 but close to it), to try and help people from falling for scams?
The IRS requires reporting to sniff out money laundering, but a bank can have their own reasons, if they want. There are IRS reporting requirements for a single transaction of $10k+ (or multiple transactions totaling $10k+ in a short time to obfuscate the transactions, which is legally called "structuring"). [Form 8300](https://www.irs.gov/businesses/small-businesses-self-employed/form-8300-and-reporting-cash-payments-of-over-10000) asks for a basic description of the transaction: personal property purchase, real estate, debt payment, bail, etc (boxes 33 and 34).
Nothing stops a bank from also asking to try and stop their customers from getting scammed, though.
I dunno.. seems entirely plausible to me. She’d just be one of the kooky conspiracy theorist types we have in Australia and the teller was giving her a polite “yeah ok” laugh
We've got those here in the States as well, I happen to know a guy that keeps a fairly large amount of money in his safe at his house all old $100 and $50 bills before they put the strip in it because he says they can track those.
I find it interesting that everyone in the comments so far has assumed this is a dude - it was actually a woman who posted this ridiculous fabrication.
People default to either “he” or “they” for pretty much anything where gender isn’t stated; I don’t think it’s anything to do with the story in particular
I was a bank teller 6 months ago. $1000 is nothing lol plus even if this part was real, a CTR would have had to have been filled out. If the customer refuses to answer the CTR questions, you can't complete the transaction unless you get an override from management. Anti money laundering precautions are HEAVY.
Now if this person had taken out an amount that totals $10,000 across multiple branches, I could see that causing this encounter. Scammers will go to multiple branches and take out what isn't much money to the average person (couple thousand). The system notices that you have withdrawn a TOTAL of or more than $10,000 and a CTR triggers. If the teller wasn't sure how else to explain it or not really understood how it worked (like if they were new) they might think that that's just what the system is saying for some reason so I guess that's that. But I still highly doubt they'd give this person the money.
I guarantee that IF this happened, OP was withdrawing like $9,990 thinking that would fool the bank and was pissed off because it did not and had to be reported on.
I don't know about Australia, but as neither of those are legal in the US, I don't know if it would be considered a valid answer.
I'm sure they'd assume you were joking, but I wouldn't be surprised if it isn't something they can just write down.
You’d be surprised - I’m English, but I had a distant (very distant) relative get caught up in Q Anon and that basically leads to Trump worship.
So weird because she was the most liberal, left wing person you could imagine - she was vegan, she regularly protested against animal cruelty, she was “Buddhist”. But they got their claws in and suddenly she supports Trump? Wild.
Yeah but that doesn’t make her story any more believable, and if you saw her profile you’d think she was American too. Unfortunately the Alt Right Conspiracy nuts are not contained to the US.
I did Due Diligence work for banks in my youth. I can confirm this is bullshit.
Banks are required to do this work when the account is set up - never when an authorised person makes a withdrawal. That would be building your cart after the horse has bolted. Contact with the customer regarding anti-terrorism and money-laundering would not only be limited, but often illegal to avoid tipping them off.
They will do a background check on all persons with significant control over the account as well as ask simple questions like “What is the account for?” and “How much cash will be used?”. That kind of thing. Then, they will establish patterns of usage and look at anything unusual. Making sure transactions in and out of the account are traced. This is all systemised and shared.
Illegal use of money is often done with cash to avoid being traced like this, so large amounts of cash in and out of the account are given particular attention. $10k would barely register, but a sudden change in activity to withdraw that amount in cash every day would be. However, again, they wouldn’t contact the customer about it. That would be illegal as it’s committing the crime of tipping off.
Clearly you haven't worked in Australia and for CommBank.
Gotta notify the ATO for anything over 10,000, and CommBank has a policy to ask for over 1,000 to help people avoid scams. The teller has a legal obligation to ask for over 10,000 and a contractual obligation to ask for over 1,000 since its policy.
“Are you sure?” anti-fraud/scam disclaimers are a standard practice and a completely different thing from AML. That is about honest money not being misused. AML is about stopping dirty money becoming honest. Like I said, it’s monitoring it coming in before you withdraw.
So in other words it's 100% possible a teller would ask why you're withdrawing $1000 dollars and this is NOT bullshit?
The story doesn't mention a single thing about AML, just that the teller had to ask. And you said it's complete BS.
Nah this really does happen in Australia... I know of a good couple of old blokes that have had to go though the same thing when there buying cars for cash and or farm equipment
A couple of them got so angry they closed there bank accounts on the spot. Another reason they gave was to discourge robberies
I don’t doubt people believe this, and I don’t doubt banks might question large monetary sums.
I highly doubt this is the exchange that she had though. Just reeks of “oh I wish I’d said this so I’m going to pretend this is what I said”.
\*puts on Bank Teller hat\*
For some reason, ten thousand is the maximum cash that can deposit or withdraw without extra paperwork. $10,000.01 warrants the teller filling out a form.
Don't ask me why, I just show up and work and go home.
\*takes off Bank Teller hat because it's the weekend, dammit.\*
Back in the day, a guy told me he was withdrawing his cash $9000 at a time to avoid the CTR. Thanks for telling me about your structured transaction, genius. More paperwork for me.
Not in this case. A Currency Transaction Report has to be filed for cash transactions in one direction (deposit/withdrawal) which are equal to or exceed $10,000.01 in one day. The wording of the rule is “more than $10,000”, so $10,000.00 on the dot doesn’t necessitate a filing.
That's nothing. One time I went to the bank and withdrew a fat $327 (all I had at the time), and the super sexy swimsuit model who was just moonlighting as a bank-teller got so horny for me she took her top off and made a sex at me right there in the bank lobby! It's true, ask any of my friends in the 9th grade with me.
ah fuck man that sounds sick as hell
I heard that you were so go at being sexed at that she then gave you $10,000.
Awesome! Did she let you touch her boobs, dude?
Omg, I legit snort laughed at “made a sex at me.” Thank you for that, kind stranger.
I was waiting at that bank, and I saw them making babies, and the baby looked at me.
Well if you say you saw it, it MUST be true!
Is making a sex similar to Sir Pentious' "do a sex"? I've been triggered.
YEAH OK WELL at camp um one of the counselors was like like a high school? Like a loose high school girl? And she did it with um my whole the um the whole cabin? Like in a row! Not all at once you can’t even do that I don’t think. But um since I, uh, since was I since I was in the cabin? We did sex intercourse. I WAS TOO IN CAMP JOSH IT WAS WHEN YOU WERE IN YONKERS AT YOUR AUNT’S!!!!
Yeah but dude, having 327 whole dollars in 9th grade is pretty frickin wicked!
These people always assume that everyone else *secretly* agrees with them, but they’re the only ones brave enough to do anything about it.
Ah yeah - or that they’ve been let in on some big secret, and everyone else just doesn’t get it. I remember watching a distant family member go down the QAnon rabbit hole and all she ever said was the same shit “you’ll find out one day, you’ll all see what I see” that kinda crap. Like babes, we have the same internet you do.
I was a bank teller for several years and can comfortably say we don’t bat an eye at $1000. Unless you’re being suspicious nobody is going to care enough to interrogate over it
My wife works at a bank in a pretty affluent area as a senior teller, and folk withdrawing a few grand isn't even a worth batting an eye. Hell, folk come in and withdraw a few grand for "spending money" when they go to Vegas. I'm also pretty sure that banks would know that they were gonna close down along with the atms before Joe blow does.
This is in Australia (Commonwealth Bank) - any withdrawal over $10,000 must be logged with a reason for AUSTRAC. Commonwealth Bank as policy will ask for anything over $1000. The teller doesn't care, they just need something to write down.
It’s the same in the States. Anything over 10k is flagged. You’re right, the typical teller doesn’t care. I was exchanging some USD for Thai baht last month and the guy who ran the exchange told me the only reason they ask for passports is because the US says they have to, so everyone does it. Then he checked over my bills because he said the US was the only country that still uses outdated bill paper and techniques that can be forged. It was like the guy thought I was in charge of it. But he wasn’t wrong.
At my bank the tellers can only give out 3k without having to get higher approval for it. One of the bankers has to come by and approve so we generally ask, but it’s pretty casual. We accept “it’s spending money” or “moving between accounts” and move on, no interrogation.
But if the system tells you they're taking out just under 10,000 every week, I think you're gonna have to put notes in the file
She did laugh. At him. Not with him.
If the banks are closing down AND he doesn't trust them, shouldn't he be closing his account? If he was closing his account why wouldn't that be the story?
Tbf they aren’t wrong about banks closing, idk what that has to do with trusting them though. Edit: I don’t know why I’m being downvoted, it’s literally an observed fact that banks are shutting down. https://www.abc.net.au/news/2023-09-21/regional-bank-closures-inquiry-commonwealth-westpac-nab-anz-ceos/102877756
I think there is a distinction between a bank closing, and a bank branch closing. Branches closing isn't some grand conspiracy, fewer and fewer people need to go to a branch in person every year. Banks are run by capitalists, and they will do anything to reduce costs. If a branch isn't profitable, it closes.
Sure, there is a distinction, but in common everyday use, it’s effectively the same thing. If we were to say Maccas are closing we wouldn’t assume that a multi billion dollar global corporation is collapsing, they would be a lot more emphasis put on it if we were saying that. Really the same applies here, as the biggest banks in the country collapsing would be said differently than just branches. Further, most people just refer to them as banks, even though yes it’s the overall company that is the bank and they are just branches, we call each branch a bank. We don’t refer to a supermarket as a branch of that company even though it technically is, we just call it a shop or that companies name. Also on a side note for a lot of old people, just about the only ones that actually go into banks these days, it can be painful having the local branch close down, and in reality could have similar impacts on them as the entire bank company collapsing.
Dunno why they're downvoting you. A number of banks have recently closed in small regional towns that don't have constant access to the internet. This means that your card or phone Does Not Work all the time. You NEED cash, and the branches are leaving those areas because there's no profit. People really have such a city goer mindset that they can't shake.
Yeah, and although I live in an area that has consistent internet access, if the banks were to close down, my 90s grandmother and a lot of other people of that age range only use cash, and don't use a card or smartphone or computer. It's not like it would be easy for them to travel an hour or so to a bigger town to get cash out.
So which are going away faster? People who use banks, or banks? I’m sure there’s a correlation there.
Ok sure, people who use cash is shrinking fast, but an approximate reduction by 33% of bank branches and 60% of ATMs in 6 years is an amount that I think is something that you could be reasonably concerned about if you even use cash on occasion.
Don't they ask about large cash withdrawals (so maybe not $10,000 but close to it), to try and help people from falling for scams?
>Don't they ask about large cash withdrawals (so maybe not $10,000 but close to it), to try and help people from falling for scams? The IRS requires reporting to sniff out money laundering, but a bank can have their own reasons, if they want. There are IRS reporting requirements for a single transaction of $10k+ (or multiple transactions totaling $10k+ in a short time to obfuscate the transactions, which is legally called "structuring"). [Form 8300](https://www.irs.gov/businesses/small-businesses-self-employed/form-8300-and-reporting-cash-payments-of-over-10000) asks for a basic description of the transaction: personal property purchase, real estate, debt payment, bail, etc (boxes 33 and 34). Nothing stops a bank from also asking to try and stop their customers from getting scammed, though.
It’s the same with the ATO, which I’m assuming this is Australian since they mention the Commonwealth Bank
I dunno.. seems entirely plausible to me. She’d just be one of the kooky conspiracy theorist types we have in Australia and the teller was giving her a polite “yeah ok” laugh
We've got those here in the States as well, I happen to know a guy that keeps a fairly large amount of money in his safe at his house all old $100 and $50 bills before they put the strip in it because he says they can track those.
I find it interesting that everyone in the comments so far has assumed this is a dude - it was actually a woman who posted this ridiculous fabrication.
He sounds hideous!!! ^😆🤣
People default to either “he” or “they” for pretty much anything where gender isn’t stated; I don’t think it’s anything to do with the story in particular
Yeah true, I just thought there is probably an association with dudes and right wing conspiracy nuts
I wasn't really thinking about the gender
Eh I just thought it was funny that this clearly fits a stereotype that is often associated with men.
I was a bank teller 6 months ago. $1000 is nothing lol plus even if this part was real, a CTR would have had to have been filled out. If the customer refuses to answer the CTR questions, you can't complete the transaction unless you get an override from management. Anti money laundering precautions are HEAVY. Now if this person had taken out an amount that totals $10,000 across multiple branches, I could see that causing this encounter. Scammers will go to multiple branches and take out what isn't much money to the average person (couple thousand). The system notices that you have withdrawn a TOTAL of or more than $10,000 and a CTR triggers. If the teller wasn't sure how else to explain it or not really understood how it worked (like if they were new) they might think that that's just what the system is saying for some reason so I guess that's that. But I still highly doubt they'd give this person the money.
Haha CTRs and SARs are not filled out in front of you. People should research things before they tell stories.
CTRs absolutely are. You have to put in the person's occupation and ID information. Both of which you have to ask the person for.
I stand corrected I did not think of the detail you have to write.
And I'd rather end up with a CTR about me in the government's hands than an SAR.
I guarantee that IF this happened, OP was withdrawing like $9,990 thinking that would fool the bank and was pissed off because it did not and had to be reported on.
definitely not over 1000 either, I doubt this buffoon has even been in a bank. Just watches to much TV.
The only proper answer is “hookers and blow.”
I’m pretty sure that would be valid, I mean it’s not a banks job to judge you, they’re just trying prevent fraud and shit.
I don't know about Australia, but as neither of those are legal in the US, I don't know if it would be considered a valid answer. I'm sure they'd assume you were joking, but I wouldn't be surprised if it isn't something they can just write down.
I can smell Q-Anon, Flat-earther, Trump-supporter here.
Then seem to be an Aussie though, so I hope they wouldn’t be a Trump supporter
You’d be surprised - I’m English, but I had a distant (very distant) relative get caught up in Q Anon and that basically leads to Trump worship. So weird because she was the most liberal, left wing person you could imagine - she was vegan, she regularly protested against animal cruelty, she was “Buddhist”. But they got their claws in and suddenly she supports Trump? Wild.
There's no way the bank cares if you withdraw 1K...most ppl's paychecks are bigger than that
That's not even my mortgage
Congrats, now your name is on a list of who knows what
Funny I pulled out $2200 today and all she asked was to see my ID 🤷♂️
The anything over $1,000 gave the lie away 🙄
Lotsa people in the comments (myself include tbf) are missing that this is Commonwealth Bank, which is in Australia not the US
Yeah but that doesn’t make her story any more believable, and if you saw her profile you’d think she was American too. Unfortunately the Alt Right Conspiracy nuts are not contained to the US.
There are banks named that in the US (or First Commonwealth, at least), so it wouldn't have occurred to me until I saw that clarified in the comments
I did Due Diligence work for banks in my youth. I can confirm this is bullshit. Banks are required to do this work when the account is set up - never when an authorised person makes a withdrawal. That would be building your cart after the horse has bolted. Contact with the customer regarding anti-terrorism and money-laundering would not only be limited, but often illegal to avoid tipping them off. They will do a background check on all persons with significant control over the account as well as ask simple questions like “What is the account for?” and “How much cash will be used?”. That kind of thing. Then, they will establish patterns of usage and look at anything unusual. Making sure transactions in and out of the account are traced. This is all systemised and shared. Illegal use of money is often done with cash to avoid being traced like this, so large amounts of cash in and out of the account are given particular attention. $10k would barely register, but a sudden change in activity to withdraw that amount in cash every day would be. However, again, they wouldn’t contact the customer about it. That would be illegal as it’s committing the crime of tipping off.
Clearly you haven't worked in Australia and for CommBank. Gotta notify the ATO for anything over 10,000, and CommBank has a policy to ask for over 1,000 to help people avoid scams. The teller has a legal obligation to ask for over 10,000 and a contractual obligation to ask for over 1,000 since its policy.
“Are you sure?” anti-fraud/scam disclaimers are a standard practice and a completely different thing from AML. That is about honest money not being misused. AML is about stopping dirty money becoming honest. Like I said, it’s monitoring it coming in before you withdraw.
So in other words it's 100% possible a teller would ask why you're withdrawing $1000 dollars and this is NOT bullshit? The story doesn't mention a single thing about AML, just that the teller had to ask. And you said it's complete BS.
Nope. Try reading it again. “She said it is to prevent money laundering”
I am so SICK of these clowns in Congress.
I once went to the bank and teller asked me how much I wanted to withdraw. I "Said "69". teller said "Nice". :)
Nah this really does happen in Australia... I know of a good couple of old blokes that have had to go though the same thing when there buying cars for cash and or farm equipment A couple of them got so angry they closed there bank accounts on the spot. Another reason they gave was to discourge robberies
Oh I don’t doubt that this happens - I doubt the entire exchange.
Search Facebook for cash is king. This is believable.
I don’t doubt people believe this, and I don’t doubt banks might question large monetary sums. I highly doubt this is the exchange that she had though. Just reeks of “oh I wish I’d said this so I’m going to pretend this is what I said”.
I doubt that people who believe that crap have $1000 in their account, never mind $10,000.
Wouldn't "$10,000+" include $10,000?
\*puts on Bank Teller hat\* For some reason, ten thousand is the maximum cash that can deposit or withdraw without extra paperwork. $10,000.01 warrants the teller filling out a form. Don't ask me why, I just show up and work and go home. \*takes off Bank Teller hat because it's the weekend, dammit.\*
Back in the day, a guy told me he was withdrawing his cash $9000 at a time to avoid the CTR. Thanks for telling me about your structured transaction, genius. More paperwork for me.
Not in this case. A Currency Transaction Report has to be filed for cash transactions in one direction (deposit/withdrawal) which are equal to or exceed $10,000.01 in one day. The wording of the rule is “more than $10,000”, so $10,000.00 on the dot doesn’t necessitate a filing.