Some advantage in being one of the terminally skint?

[69oldskool]

[quote author=69oldskool link=topic=11465.msg123241#msg123241 date=1390737311]
Money Laundering: "The process of taking the proceeds of criminal activity and making them appear legal"

So that's exact opposite of taking legitimate funds out of the bank & spending them,No?

I guess if you were then to spend this legitimate cash on criminal activity you'd be right in calling it 'anti money laundering'  :rollin :rollin

I meant Anti Money Laundering measures by the bank, not the oppersite of money laundering. There are laws in place about handling cash which banks have to follow. If they stopped him taking out that amount I think they were being over zealous or suspect something strange out of the ordinary. Bank transfers are fine as its traceable, its the cash element of AML laws.
[/quote]

I know what you meant Phil   I just don't agree :lol