That's not entirely correct - in fact, banks limit and are even supposed to report unusually large withdrawals by clients to the authorities. This is applicable

That's not entirely correct - in fact, banks limit and are even supposed to report unusually large withdrawals by clients to the authorities. This is applicable nearly everywhere in the world. Europe / UK: Large cash withdrawals are a thorny issue for banks because of the various scams which have seen some older people conned into handing over large sums of money to fraudsters. On top of that, banks are petrified about falling foul of the regulations on money laundering and financing crime, and being hit with huge fines, so they get twitchy about “unusual account activity”. > The British Bankers’ Association told us: “There is a clear tension between providing customers with easy access to their money and protecting them from the threat of a fraud that could have a devastating effect on their finances. If you are planning to make a large withdrawal, we recommend you talk to your bank in advance.” - https://www.theguardian.com/money/2015/sep/12/big-cash-withdrawals-bank-barclays-denied-access https://www.theguardian.com/money/2015/sep/12/big-cash-withd... America / US: > Federal law allows you to withdraw as much cash as you want from your bank accounts. It's your money, after all. Take out more than a certain amount, however, and the bank must report the withdrawal to the Internal Revenue Service, which might come around to inquire about why you need all that cash. - https://finance.zacks.com/federal-banking-rules-withdrawing-large-sums-cash-1696.html https://finance.zacks.com/federal-banking-rules-withdrawing-... Asia / India: > An Indicative List of Suspicious Activities: > Transactions Involving Large Amounts of Cash ... > Transactions that do not make Economic Sense ... > Activities not consistent with the Customer’s Business ... > Attempts to avoid Reporting/Record-keeping Requirements ... > Unusual Activities ... > Customer who provides Insufficient or Suspicious Information ... > Certain Suspicious Funds Transfer Activities ... > ... Check list for preventing money-laundering activities:... - http://archive.is/4k7S6 http://archive.is/4k7S6