• Michael B @MichaelB1 Farnborough - updated 1mo

    Bank deposit limits

    I had an email from one of my banks yesterday.
    It read, "From 1st July 2024 there will be a limit of £20,000 cash deposits per year on your accounts. If you have more than one account the £20,000 limit is across all your accounts. If you have a joint account the deposit limit will be £10,000 per account holder. This policy is in line with the Post Office who already have a deposit limit of £10,000."
    Has anyone else had similar e-mails or letters.

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