“I went to withdraw £10,000 cash from my HSBC account in Swindon which is in credit by about £50,000. However, HSBC will not let me take out anything over £1,000 cash over the counter. I gave them warning, but they say they must know what I will use it for – they want to see evidence of hotel bookings etc. In short, they refuse to give me my cash. HSBC say it is new internal rules to help prevent money laundering. But for example, what if I want to buy a £5,000 car? It said I’d have to put down a deposit and show them the receipt first. I find this outrageous and an invasion of privacy – why do HSBC get to decide what I do with my money?”
http://www.dailymail.co.uk/money/experts/article-2540445/What-maximum-money-I-withdraw-HSBC.html
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