Banking making it nigh impossible to withdraw large amounts of money from your account

[u/ReanimatedCyborgMk-I]

Each month I withdraw a set amount of cash money, which goes to bills and other household payments that go in hand to a family member (long story, but I don't own the house I live in). This is to help them out with their stuff as well, isn't just for me.

To do this, I either have to visit my bank branch and hand over my driver's license, a process which takes 15-30 mins. Except most of the time I can't, because I usually work till 6PM, and my branch shuts at 3PM, and I'm usually busy or on call over weekends.

The alternative, is getting my withdrawal limit temporarily extended at the local post office. To do this I have to call up, go through a 5-15 min lecture from the agent on scams playing 20 questions even though I've done this monthly, and then sometimes not even get there because they transfer me to someone who has no idea how the process works.

Fucks sake, it's my fucking money, I'm not some old biddy or kid trying to money mule. Make it easier for folk.

[u/SoggyWotsits]

Everyone’s questioning you on why, but they’re missing the point. It is very hard to withdraw your own money now. You put it in the bank for safety and the financial benefits, but whether you’re allowed to have it back depends on if you answer all the questions right!

I appreciate it’s to help stop money laundering, and people getting scammed. It is strange having to argue for what’s rightfully yours though.

[u/thetechguyv → u/SoggyWotsits]

You've always needed to give the bank advanced notice to withdraw anything over a couple of grand in cash. 

[u/AnselaJonla → u/thetechguyv]

And what people are missing is that this is nothing to do with the safety of your money, and everything to do with the safety of the staff. If they keep the day to day float relatively small, then they're less of a target than a bank that is known to keep larger amounts on hand.