Don't banks ask questions?
This happened in the UK
I have seen this numerous times. People are advised to create saving accounts on their current accounts so they can make extra PayPal etc etc. Now I assume you guys have large profits (couple of thousands pounds a month) if you need more than one PayPal. Doesn't your bank ask questions about these PayPal withdrawals. After a year of my Ebay sales I had a call from Natwest asking me why do I have so much money going through my account ( I was making less than 3000 pounds a month). But these PayPal withdrawals caught their attention. I told the truth (selling on eBay obviously) but I was stilled asked to visit local branch for a talk after I get better (I was sick at the time). I never went (forgot) but though a lot about it. How common is it? Am I breaking any laws here? How should I act next time? Is there any instructions on how to deal with this and when is it expected?
Sorry I'm still young and recently graduated. I started this when I was a student and it was a success. Just don't want to mess this up
Thanks
|