I typically purchase bitcoin through cash deposit on LBC. Though it can be expensive because of the fees, I appreciate the anonymity of it. The banks I've used in the past have never required any form of ID when depositing but last week I had a different experience. When I went to RBC (Royal Bank) to deposit the cash, the teller said they require ID when depositing and gave some generic reason.
I'm not sure if that is policy at all RBC branches for all cash deposits, or if the seller I was using on LBC has gotten the attention of the bank and they are trying to collect information regarding that account. Either way I'll be cleaning/tumbling these coins for sure.
Anyone else have any experience doing cash deposit at RBC? Did they ask for your ID?
Thanks for heads up.