Can a bank ask why you are withdrawing money

Can a bank ask why you are withdrawing money?

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898K views 2024-01-13 12:32:18 10:40

Answer:

Yes. The bank may be asking for additional information because federal law requires banks to complete forms for large and/or suspicious transactions as a way to flag possible money laundering.

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Do i need a bank account for paypal?

Answer: PayPal acts as an intermediary between your money and a merchant. It securely connects to a bank account or credit card. You then use your PayPal account to shop. You don't need a bank account or credit card to receive money in your PayPal account.


2024-02-04 12:01:15

Is a million dollars a lot of money?

Answer: Saving $1 Million is Hard
On the one hand, $1 million is a vast sum of money. According to the New York Times, having $1 million puts you in nearly the 90th percentile of household wealth in the U.S. (the 50th percentile is $127,000).


2023-11-02 01:42:03

How do i withdraw money from paypal without a bank account?

Answer: Can I withdraw money from PayPal without a bank account? Depending on your jurisdiction that your PayPal account is in, you can request a paper check to a destination of your choice, or you can withdraw your account balance to a PayPal Debit Card where you can then withdraw cash from any ATM.


2023-09-25 13:13:09

Is 1 million a lot of money?

Answer: On the one hand, $1 million is a vast sum of money. According to the New York Times, having $1 million puts you in nearly the 90th percentile of household wealth in the U.S. (the 50th percentile is $127,000).


2023-05-17 23:32:21

What mario game is worth a lot of money?

Answer: (2) Super Mario 64 — $1,560,000
That makes Super Mario 64 one of the most influential games of all time, and an absolute touchstone for anyone who spent their childhood in the 90s. No wonder it's such a hot commodity!


2023-01-08 01:13:02
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