Banks not accepting cash,...it is unbelievable. --68.63.xxx.xx

I have long read of Big Brother outlawing cash. It seems that they instead are making it less useful. --72.172.xxx.xx

We've had several threads about this lately, Roy. Some bank managers have told some people that business accounts would not be affect, but when I called the main 800, they stressed in detail that they would be. --50.82.xxx.xx

Big brother wants to know where the cash is coming from. --99.59.x.xxx

Reality hit home today. --68.63.xxx.xx

Manager at my branch is inquiring up the food chain to get a definitive answer. Apparently some confusion amount the ranks. --47.185.xxx.xxx

Under the terms of Wells Fargo's settlement with the government, that's the ONE BILLION DOLLAR FINE, Wells Fargo has to change the way they have done business or else. --47.156.xx.xx

I don't deal with WF or any other large bank. However, how can a business not make a cash deposit? What about the grocery store? WalMart? Convenience Stores? Gas stations? they all receive cash from customers that end up in the bank accounts. --72.70.xxx.xx

A person who is not an owner/signer on an account may not deposit to that account. --50.82.xxx.xx

Zelle, and no problem. --172.56.xx.xx

I had to show my driver's license before BofA would take an $1,100 cash rent payment last month. And I am one of their top tier depositors. So I am using the cash. I paid property tax with $1,100 cash today. It didn't really cover the whole cost as I had to add a check for $300. --73.178.xxx.xx

if it is a “personal” account it will not be accepted. If it is a real business account then bank will take cash. that is what I have been told by wfb treasury. --104.218.xxx.xx

PMH, I've already had tenants turned away from my business accounts. Branch manager said it shouldn't have happened. Called the 800 and they said it applied to ALL accounts. --50.82.xxx.xx

it is the branches who are confused then WMH. sorry about your tribulations. --104.218.xxx.xx

Wells Fargo ended for me in 08-09 when I went in there to cash a check and they wanted my fingerprints. Haha. No. --50.107.xxx.xx

Wells Fargo ended for me in 08-09 when I went in there to cash a check and they wanted my fingerprints. Haha. No. --50.107.xxx.xx

My branch manager reported back to me that upon verifying with higher ups Business accounts CAN accept cash with ID. He put in a courtesy call for me to another branch who earlier today informed a tenant the opposite. Other branch concurred accepting cash in business accounts was OK and they would accept them. Hope it sticks. --97.99.xxx.xxx

Hello ACH, solve many problems. --76.188.xxx.xx

I was a customer since 1976. --99.59.x.xxx

I doubt your tenants, or anyone for that matter, has an extra $1500 to just sit around in acct for the convenience of the bank. --108.87.xx.xxx

BRAD --68.50.xxx.xxx

So If refusing to accept cash deposits becomes a trend with other banks I wonder if the Amish will start paying their bills in chickens, pigs, and cows? Wonder if Amish landlords will pay mortgages that way and will the banks react to that one. Lol --174.233.x.xx

--68.63.xxx.xx

re cash deposits: the signs posted in wfb lobby states “by account holder or signer on the wfb consumer or savings deposit account”. --166.137.xxx.xxx

Chase bank is the same with cash, nothing like inconveniencing your customers, very annoying. --174.225.xx.xx

Hey,...soon when you will go to your bank to gett 100. dollars of cash,..they will want you to tell them what it is for,.. --66.30.xx.xxx

Showing ID: are they photocopying and storing that ID? Because otherwise it makes no sense. The policy is supposed to prevent "money laundering" by having random unknown people deposit cash. But just showing an ID is not going to prevent that - the teller isn't going to remember the info on the ID! --50.82.xxx.xx

what is the best way to except rent currency ? --172.243.xx.xx

I'll be glad to take it off your hands,Doesn't matter from what country either .£,€, even Francs.......Charlie...................even the olde English pennies the older,the better..................................... --174.199.x.xx

One of my credit cards is with Bank of America [Its predecessor was MBNA America]. I like to go directly to the bank branch to pay my monthly billing statement [ I just love the peace of mind and satisfaction with having that paid receipt already attached, and the account is settled!]. Last Summer, they instituted the policy that they needed to see and record my ID when I proceeded to pay my bill in cash. To this day, I don't understand why they do this. To see whether I'm trying to pass bad bills? Trying to determine whether I'm a money launderer? --99.203.xxx.xx