Any cash withdrawal over 420.00 will be automatically flagged to the UK's Anti Fraud Unit starting from September 1st 2025. Listen carefully. This measure is going to directly affect anyone who still relies on cash for larger transactions from that date. If you take out more than 420 lbs in a single withdrawal, your bank will be required to report it to the government's Anti Fraud Division. This new rule, backed by the Home Office and discussed in Parliament, aims to tighten control over cash flows in the fight against money laundering. Undeclared. Work and benefit fraud Banks will be obliged to send detailed reports, including your name, the date, the amount and how often you're making large withdrawals. If the state finds your withdrawals unusual or unjustified, you could face a financial audit or a full investigation into your benefits or tax records. Do you think this is a reasonable step to tackle fraud, or is it an invasion of your right to use your money as you choose?

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