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ty_lees · Joined: 22 Apr 2008 Posts: 6 3.77 Dollars($)

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??

jameshogg · Posted: 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?

jbarto65 · Joined: 04 Nov 2007 Posts: 622 -0.15 Dollars($)

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.

Posted: 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

jasonpolito · Posted: 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.

Guest

the word trace appears on my bank statement what is it

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