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You can walk into a bank and ask for all the cash in your account, if its over a certain dollar amount they'll ask you to fill out an IRS form, otherwise there
by StudentStuff 8y ago
You can walk into a bank and ask for all the cash in your account, if its over a certain dollar amount they'll ask you to fill out an IRS form, otherwise there is nothing barring getting cash from a bank.
- mikeash 8y agoThey won’t have a huge amount of cash on hand, though. I imagine a modern bank run would happen in slow motion.
- StudentStuff 8y agoIf your pulling out more than $50k, its advisable to call the bank branch and give them a heads up, as they'll shuffle money to the branch on your behalf.
- mywittyname 8y agoYou have to call ahead for "large sums" because banks don't hold that much cash on-site, so you have to wait for the next delivery of cash so they can get it for you. And the definition of "large sum" for your local bank branch is probably smaller than you think. But while people are waiting for their cash, if they can still use digital banking, then they will probably stop worrying about it before their cash is actually delivered.