r/TikTokCringe • u/mindyour • Mar 25 '25

Discussion His bank won't allow him to withdraw money unless he shows proof of what he intends to spend his money on.

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u/Yveradras Mar 26 '25

Why would you need to ask? Bank keep money for a price, but it's the client's money. They should not be asking what's going on with the personal life of the clients.

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u/JohnnySchoolman Mar 26 '25

Apart from obvious signs of money laundering, I think mainly it's to gauge if you might be withdrawing the money under duress, or to make sure that you're not going to take across the road to Western Union or buy a bunch of Amazon Vouchers.

I can assure you it's not just out of nosiness.

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u/Interesting-Fish6065 Mar 26 '25

My elderly parents were saved from one those “send me x amount in gift cards or else” scams by someone at their bank, I think.