A fee for depositing too much cash in 1 month? - The Great Awakening

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A fee for depositing too much cash in 1 month?

posted 171 days ago by SidetrackedAgain 171 days ago by SidetrackedAgain +53 / -0

Anyone else ever had this happen? Our church was just charged a fee of $1 per $100 over and above $20k in one month. The reason given was that the Fed charges the bank to pick up the cash. Just stumped over this one. (I'm the financial secretary.)

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– ouphe 2 points 171 days ago +2 / -0

Watch Yankee Stacking on YouTube. His bullion dealer gets charged ridiculous fees for depositing cash so he can buy inventory for his business.

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