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RE: NatWest to Impose a £24K annual limit on cash deposits from September!

in LeoFinancelast year

Who is driving this change? Are other banks affected? Of course lots of businesses deal with large amounts of cash, but I expect the banks would expect that. If you turn up with a suitcase of money they may be suspicious.

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As far as I know it's just NatWest, leading the field with going backward. It's just convenience on their part, they could make exceptions for the suitcase scenario!