I'm not talking about large cash flows here. I'm talking about any use of cash or transfers between family and friends. Everyone is guilty until proved otherwise.
I'm supposed to explain everything upon request and I can't say no. I don't find that reasonable.
About larger sums I don't have a problem with explaining where a certain transaction originated from, but it seems like banks want to trace money from their origin to destination. I don't find this reasonable.
I would expect this to be something that law enforcement would do.
I'm supposed to explain everything upon request and I can't say no. I don't find that reasonable.
About larger sums I don't have a problem with explaining where a certain transaction originated from, but it seems like banks want to trace money from their origin to destination. I don't find this reasonable.
I would expect this to be something that law enforcement would do.