LBC Cash Deposit ID.

I tend to make a few thousand dollar cash deposits into banks such as Bank of America, Chase etc each week. Around 3-5K.

Obviously when I am making these deposits the ask me for my ID which fine. The only thing I don't understand is why do they type my drivers license number into the computer???

For what reason do they do that?

Should I be considered about it? Considering the amounts I have transfer weekly?

There has to be a reason for it and weather it's negative or positive I'd like to know some details and some specific information on why they do it.

This week when I go to do an LBC bank transfer I will ask the lady what they use my drivers license number for.


Comments


[2 Points] cordell507:

Probably logs it to a database


[1 Points] DooshNozzzle:

Get a quality fake ID if it bothers you, and never go to the same bank twice. Maybe check out a bank in another city. Worth the effort for some, to not have your identity tied to shit like bitcoin


[1 Points] None:

Please update


[1 Points] None:

Because the USA relies on Tax dollars to support itself and a lot of people. The USA also has a problem with organized crime and people trying to avoid paying taxes. So because of this and more the government enforces strict anti money laundering regulations.