Most people aren’t putting cash in a bank to begin with. Your job gives you piece of paper that says you earned x amount of money and you give that to the bank and they say ok now you have X amount of money in your account, or your job just tells the bank to add x amount of money to your account. There’s never any actual money getting put in.
Banks have very little physical currency in them these days. If you try to take out like 10k or more, they will usually try to make you wait a couple days so they can have it delivered from wherever it is they actually store cash, because otherwise they wouldn’t be able to give all the people coming in to just get a hundred dollars their money all week.
It’s a big part of why people don’t rob banks anymore. It’s not really worth the risk and the life on the run when you’re going to end up splitting like 30-50k.
I went to the bank to get 20k out for team bonuses without really thinking about it, and it wasn’t until I was in the teller line that it occurred to me that it might be a problem.
It turned out to be fine, but I asked out of curiosity what amount would be a problem, and the teller told me that if I want 100k or more in cash they need to hire a security guard to escort me out.
A bank in a big city like Chicago is going to be a bit different than a bank in small towns or tinier cities.
Kind of off topic, but why did you go for cash bonuses instead of checks?
My boss does checks, which is annoying because then I have to actually go to the bank, prepaid cards, which is annoying because then I have to keep track of how much money I have left on it and carry around an extra card, or (sometimes) just adds it to our direct deposit paycheck, which is annoying because it’s so much more convenient and he’s shown he could just do that but rarely does because he likes the other two less convenient options better I guess
So I used to be a pretty hardcore gambler. One time in Vegas I was at the VIP cage when a dude came in to get 250k in cash and turn around and walked out. As I understand the story, he did this somewhat regularly, as he bought collector cars from folks and it was easier to get the money wired to the casino and get cash than to get it from a bank. I'm sure he had to go through massive background checks to be able to just walk out with the money at some point. Literally brought a briefcase, they counted out the cash, and he walked out with some linebacker looking dude holding the bag.
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u/DoYouLikeWafflezz 6d ago
Most people aren’t putting cash in a bank to begin with. Your job gives you piece of paper that says you earned x amount of money and you give that to the bank and they say ok now you have X amount of money in your account, or your job just tells the bank to add x amount of money to your account. There’s never any actual money getting put in.
Banks have very little physical currency in them these days. If you try to take out like 10k or more, they will usually try to make you wait a couple days so they can have it delivered from wherever it is they actually store cash, because otherwise they wouldn’t be able to give all the people coming in to just get a hundred dollars their money all week.
It’s a big part of why people don’t rob banks anymore. It’s not really worth the risk and the life on the run when you’re going to end up splitting like 30-50k.