Withdraw money every 2 days - will cause any problem to my account being closed

thinly veiled "i make 1,000+ every week" thread...

can't see a problem with it, don't the bank legally have to notify HMRC of single amounts over 10k or 10k in smaller maounts in a set timeframe though... if you were trying to get around the 10k rule that is

What I mean is if I will get in trouble if a do this 3 times a week that's about 12 banks transfers, could someone tell if they have been in this situation...
I have set a goal to every time I make £500 I would withdraw and that takes me about two days to achieve that which I think if I keep withdrawing every time in such a short time my account will get closed or my bank will start to ask questions?

You'll have no problems, but what have you been doing up until now? Sounds like you're over estimating based on a recent lucky streak.

I used to withdraw every few days, did so for a long time with no problems.  I did have a weird conversation with my bank manager once who said that if she suspected me of running a business through my account she would close it down.  Didn't happen tough.

Jul 16, 2012 -- 8:48AM, catflmasppo wrote:

I used to withdraw every few days, did so for a long time with no problems.

365 divided by 2 x 500 = £91,250pa tax free


wheres stakey now then...


WD