How would I go about withdrawing one million pounds in cash from my account? Is it even possible to withdraw such a huge sum in cash?
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How your request would be received in a bank in the UK is not known, but if you were in the US and asking to withdraw a million dollars from your account, most banks would not be able to handle the transaction without some lead time, because they simply do not keep that volume of cash on hand. Larger banks in money center cities might be the exception. A U.S. banker would likely attempt to convince you of the security risk in such an undertaking, even if the cash could be scraped together for you, and of course, you'd be asked to provide personal identity information to be used by the bank in reporting your cash withdrawal to the government, assuming that the transaction actually takes place.
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How your request would be received in a bank in the UK is not known, but if you were in the US and asking to withdraw a million dollars from your account, most banks would not be able to handle the transaction without some lead time, because they simply do not keep that volume of cash on hand. Larger banks in money center cities might be the exception. A U.S. banker would likely attempt to convince you of the security risk in such an undertaking, even if the cash could be scraped together for you, and of course, you'd be asked to provide personal identity information to be used by the bank in reporting your cash withdrawal to the government, assuming that the transaction actually takes place.
