"HSBC has said that following customer feedback, it was changing its policy: "We ask our customers about the purpose of large cash withdrawals when they are unusual and out of keeping with the normal running of their account. Since last November, in some instances we may have also asked these customers to show us evidence of what the cash is required for."
"The reason being we have an obligation to protect our customers, and to minimise the opportunity for financial crime"
And how does prying into ones business achieve this......BULLSHIT
The one thing that they SHOULD do is to identify the account and the account holder, THATS IT! How does knowing that a "suspect" large withdrawel is for a long term trip or a builder going to confirm whether the damn account belongs to the account holder.......so their reason for asking what it will be used for in order to prevent fraud = BULLSHIT liers
How about this, its none of your business, now are you gonna act like a bank, or are you gonna act like a thief with my money
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