- Feb 9, 2008
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No. Speaking from experience, the vault typically has less than $1M in cash on hand. The most I’ve ever seen was $700k (BofA). The Cash on Wheels (CoW) had almost as much and sat behind the teller line for the tellers to sell to or buy from when necessary.
Fiancé deposited a $468,000 cashiers check yesterday at the bank. Wild to be holding that much money in your hands. Told her she should have gotten it in USD before depositing it
(the reason for the check was that both her parents and her grandma died within the last 3 years and she has all their assets allocated to her. 3 pensions, 3 life insurance policies, her parents fully paid off home, and she had to split her grandmas home with her aunt. So she just bought the remaining half of her grandmas home, and the $468,000 was the full closing cost of the home to get it fully into her name)
and my wife talking finishing up some shopping...I said "nah you got it big dog"
My man!!!tries to hit me with "happy wife, happy life" I told her that kind of toxic thinking is not welcomed in 2024
For a newer truck ooorrr... ?ill wait until after New Year's to start serious shopping
Hopefully yall put it in a high yield checking account and not a regular bank where the money will just SIT.
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There are others but yea.