There is so much idiocy in this world; people trying to "control" one stream at the expense of messing up everything else.
Here in the US, they don't have anything quite like that (yet!) but if you try to deposit more than $5,000 in one transaction the bank will refuse it UNLESS you fill out a lengthy government form, one copy of which ends up with the IRS revenue overseers. One bank where we used to have an account actually instituted a fee of $1.50 per $1,000 for tellers "counting cash" in a single deposit over $2,500! Needless to say, we closed that account!
Bright Blessings!
$4999 deposits it is then - bonkers!
Hahaha, that's a good one: "tellers counting cash". The machine takes maybe 1.5 seconds to whirl through a thousand bucks. That adds up to a very handsome hourly wage, which is certainly in the "banking league". Too bad no teller will ever see that type of remuneration.