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...
I'm not sure if that is true elsewhere but it must be a slow day at that bank. With all the cash floating around, waiting for people to dig out their ID's is nuts. I guess it will be against the law soon to sell an old lawn mower at a yard sale where the buyer gives you $100 in cash and you try to deposit it? Next time go to the drive through window. Give them the cash with completed deposit slip.