Post by
MaterialsMan on Aug 14, 2024 4:06am
Geopolitical?
I noticed that gold is making a pretty strong move as I write. Also saw news that Ukrain is stepping up its incursion.
As an aside: I have a TD acc't in the states.
Local branches are refusing cash for certain transactions. I was floored.
I wonder what this portends. I don't think it's the only bank adoptting this policy.
Get ready for whatever.
Comment by
Odinson on Aug 14, 2024 10:59am
I wonder what the refusing cash transactions is all about? Do they know something that isn't being disclosed?
Comment by
Rainman01 on Aug 14, 2024 1:23pm
Maybe has something to do with money laundering as in large amounts of cash. This could be depositing larger cash denominations. I have never had any issues in the past only withdrawals of larger than 5 grand at a time they need some notice.
Comment by
MaterialsMan on Aug 14, 2024 6:56pm
Rainman, We are talking about a one hundred dollar money order here. In the U.S. banks are supposed to flag ten thousand dollar transactions. I can buy that. But a small money order for a long time account holder. Gimme a break. Something is wrong with that picture. I suspect that they may be preparing us for a cashless society.
Comment by
Rainman01 on Aug 14, 2024 7:34pm
That is sad if TD can't accept cash for a one hundred dollar money order.
Comment by
Odinson on Aug 14, 2024 9:42pm
The same thing applies in Canada. There is paperwork to fill out if a $10,000 plus deposit is made. Fintrac requirement. I'm going to see how things work tomorrow because I need to pull $3000 for a project. See if the Bank gives me dog lips!