Because there is a certain law that prohibits exceeding a certain amount at home, here is the maximum amount of cash to deposit in the bank without proof. You may not be aware, but there are laws regarding keeping money at home. In the case of non-compliance, you risk punishment and even appear in court.
Quite an interesting story
There are certain laws that may be beyond our understanding. Especially when it comes to what is owed to us, and what we have full and rightful possession of. Money is one of those exceptions. It is subject to certain rules, even under our own roof. On March 28, a man will be punished for having kept a certain amount of money at home. Courrier Picard reports the facts, this man had more than 400,000 euros in cash at home.
Police officers, descending on his home, discovered the money and arrested the concerned. He then had to appear in court. Indeed, the amount that can be kept at home, and authorized by law, is 10,000 euros no more.
The maximum amount of cash to be deposited in the bank without supporting documents
8,000 euros. This is the maximum amount authorized by the bank without supporting documents. Beyond this sum, this institution is able to request a supporting document. If ever the owner is unable to provide justification for this deposit, the bank will not rule out the possibility of a crime. She will then alert the authorities and an investigation may be opened to trace the source of this money.
This is quite normal given the actions of some scammers. Even with supporting documents, sometimes the crime is there, which is why the bank is extra careful. Keeping cash at home is just as risky as the question continues to arise. Where does such a sum come from, why keep it at home when it would be safer in the bank. The important point to remember is that it is always better to have supporting documents to stay away from any suspicion.