Went to make a deposit to First Citizens Bank two days ago. The amount was less than $500. The tell asked for my ID. I got pretty loud and asked what she needed it for. She stated they are now required to document every single cash deposit.
I believe it's time to stop using banks. Hmmm I wonder what those new 87,000 IRS agents will be up to...
No but they've got video doing it that way.
They've got video at the teller counter too.
Just deposit checks through mobile app if you're with some big bank. ProTip: Leave big banks and switch to local credit union.