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Hypothetically speaking, say i wanted to put regular large amounts of cash into my bank account, between £1000-£1500, what would be the easiest/safest way?

2006-09-13 04:22:13 · 6 answers · asked by bentheboyo05 2 in Business & Finance Personal Finance

6 answers

ask your bank.

2006-09-13 04:24:47 · answer #1 · answered by Anonymous · 0 0

Walk into the bank with your money and a deposit slip. Simple. If you are concerned about walking around with that much cash, then I have to ask where is the money coming from? A trust? Tin cans burried in the back yard? If it comes from an institution, you can line up and electronic funds xfer. A cashiers check works. Bank wire works. I have had a wire go south on me before and it is very traceable and it may take time but it can be and will be fixed. So I still have confidence in wires. Money orders also work. However as a collections agent for a company who I will not name I have seen money orders bounce. They are only as good as the company who issued them.

2006-09-13 12:24:54 · answer #2 · answered by john d 3 · 0 0

If you put £1,000 a month in to a Barclays current account and then set up a regular savings account from it they will pay you 10% interest on the savings.

2006-09-13 18:20:12 · answer #3 · answered by Mike10613 6 · 0 0

Call the bank and ask thier opinion about this, for sure they would know the best/safest way.

2006-09-13 11:24:50 · answer #4 · answered by Psyanide 2 · 0 0

By standing order!

2006-09-14 08:48:10 · answer #5 · answered by scallywag 4 · 0 0

Hide it in a fabric bag so no-one can see it, try taking it in bit by bit!

2006-09-13 11:31:15 · answer #6 · answered by Anonymous · 0 0

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