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How much money can I lodge in a bank?

  • 17-06-2008 9:01pm
    #1
    Closed Accounts Posts: 255 ✭✭


    I run my own business part-time and over the past couple of weeks cheques that were owed from clients as far back as January finally came through. Now the thing is they all add up to quite a bit of money and Ive read before that if you lodge more than 5 thousand euros with a bank they start to ask questions and any more than 8 and they flag your account. Is this just an urban myth or does anyone know the facts?


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