Friday, July 15, 2011

How much money can one take out from a bank based off only a signature.?

In order to draw large sums from you bank account you have to place notice of several days ahead with the bank manager. Of course you have to have proper ID and also a account pin number. Most banks only have a limited supply of money for daily banking activities. Most of the banks money is stored in the Federal Reserve Bank and will be brought to the bank by Armored Car, with in 2-3 business days. Then you will be audited by the IRS wanting to know if taxes were paid on that money. Stay! under the $10,000. limit so it doesn't raise a so call red flag.

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