Need Help with Bank Tracing my funds.... ASAP...

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Icon Mini Profile ty_lees




Joined: 22 Apr 2008

Posts: 6

3.77 Dollars($)
PostPosted: Mon Jun 30, 2008 1:44 pm    Post subject: Need Help with Bank Tracing my funds.... ASAP...

Bank wants to trace the 14k I've deposited in my account less than 60 days ago. What should I do? These are cash in home and no records for tracing amount. Any alternatives I could used.. Please help??
Icon Mini Profile jameshogg
jameshogg



Joined: 20 Dec 2005

Posts: 4291
Location: nevada
509.34 Dollars($)
PostPosted: Mon Jun 30, 2008 9:27 pm    Post subject: RE: bank tracing funds

Hi Tylees,

Welcome to forums.

Why is the bank tracing your funds? There must be reason behind it. Can you please clarify your situation a bit?
Icon Mini Profile jbarto65




Joined: 04 Nov 2007

Posts: 623

-0.20 Dollars($)
PostPosted: Thu Jul 10, 2008 6:06 am    Post subject:

This is unusual for the bank to do something like this, they must suspect that there is something illegal going on if they are doing a trace. Where did you come up with the money, if you sold something, can you get the buyer to sign a reciept or something.

If you provide more details then maybe some one here can help.
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PostPosted: Thu Jul 17, 2008 5:57 am    Post subject:

I have worked for a bank and there really isnt a reason to trace unless they have some sort of probable cause that illegal activity is going on
Icon Mini Profile jasonpolito




Joined: 07 Jul 2008

Posts: 28
Location: Richmond, VA
8.93 Dollars($)
PostPosted: Thu Jul 17, 2008 5:58 am    Post subject:

I also worked for a bank...illegal activity or the suspicion of it is the main reason.
_________________
Financial consultant with a credit counseling concentration.
sheryl

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PostPosted: Mon Mar 02, 2009 12:15 pm    Post subject: trace

the word trace appears on my bank statement what is it
Guest








PostPosted: Mon Mar 02, 2009 9:59 pm    Post subject:

Hey sheryl....it would be better if you could ask the bank regarding the issue. I guess the bank wants to trace the origination of the money.
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