Is not cash by nature alone currency?

[ChicagoBorn]

Ok I tottered over to the bank this morning, humming a tune and probably even slipped out a light hearted whistle or two... I know! Hard to believe ... But I had the day off and headed to an anticipated enjoyable weekend.
I stopped in to deposit money into my sister's bank account. I was 'informed' by this little Tart that the bank no longer accepted cash unless I was depositing it into my own account. I was sure I had not heard her correctly. .. so my first response was "excuse me, what?". Smiling Tart - "we do not accept cash unless you are depositing funds into your own account" accentuated by the huge Mr. Ed smile. I look around for the camera and crew convinced it was one of those stupid tv shows where they want to show the world how utterly stupid people can be. I chuckle and flash her my I'm endearing face. She just stares at me holding out my deposit. I kindly remind her that I came into the 'bank' to make this deposit, followed by the. .. No really you keep it gesture. The fucking twit tells me AGAIN how the bank no longer accepts cash unless it is being deposited into my own account. Ok let me preface this by saying it was down hill from there:
Me: You're joking right?
Tart: No actually I'm not...!
Me: Since when does I'm a bank... a bank!! NOT want cash?
Tart: Oh we actually still have cash; we are after all a Bank. Then again with those fucking Mr. Ed teeth.
Me: No shit!! I was beginning to wonder.
Manager: May I assist you ? Is everything alright?
Me: That would be fantastic, I'm just trying to make a deposit.
Manager: We don't accept cash ... What the fuck!! Did I just stumble into Stepford Wivesville?
For Fuck ' s Sake!
They could take a check, money order, and could even assist me with a cash advance on my credit card. ... But cash!!... absolutely not!
How completely fucked up it that shit! A Bank that won't take your cash. And for the record; NO the deposit was no where near the $10k reporting mark.

When did I miss that Memo?

[Duchess]

That's not the dumbest thing I've ever heard but it ranks up there. A bank that doesn't accept cash.

[FAHQTOO]

That's why I quit the big banks and went to a credit union. No fees for every little thing unless your account is overdrawn. Chase wanted to charge me every time I used my debit card...bastards. I think they might have changed their minds when there was a country-wide uproar from it's costumers, but as soon as I seen it all over the news, that was the final straw for me with the big banks and I dropped them that week.

I figure it won't be long until the CUs try and do the same thing. Then I'll use my mattress as a bank, or a mason jar buried in the back yard to hold my cash.

[ramseycat]

I used to deposit cash into the kids accounts at Wells Fargo and they took it. I can't imagine any good reason why a bank wound not accept cash. I would have said right then fine, I'm closing my accounts right now.

[Duchess]

I would have said right then fine, I'm closing my accounts right now.

Exactly. I would have done the same.

I am very surprised that a bank would refuse cash & I wouldn't bank anywhere where that is their policy. Fuck 'em.

[ChicagoBorn]

I used to deposit cash into the kids accounts at Wells Fargo and they took it. I can't imagine any good reason why a bank wound not accept cash. I would have said right then fine, I'm closing my accounts right now.

I was told that they were not able to verify where it came from. Which, I can completely understand for large sums. .. It was $400 fit Christ's Sake!
Since when did you need to provide a dollar bill's life events since it's printing just to give it to the dollar bill depository?

I was sure to let the manager know that was obviously why I did not bank with them. She really didn't give a shit if I banked with them or not. She was not concerned about pleasing a customer. Our if my sister were to close her account. My sister really doesn't care if big brother wants to climb up her ass and inspect her tonsils.

[crash]

Depositing cash leaves no paper trail to satisfy the paranoia. I imagine if the outrage grows, you good folk will be able to stand in line, get asked 49 questions, get fingerprinted just like at customs at the airport and then deposit your cash for a friend.