Birdwatch Note Rating
2023-11-03 14:35:58 UTC - HELPFUL
Rated by Participant: EF6DA07D69E02138E2828EECFA58C2A6EBF1073CE05E4F1BB6A6A150B5973D5C
Participant Details
Original Note:
Banks, for many years have not allowed cash deposits into accounts, or as payments to accounts that are not yours. This is a common and longstanding process used to help prevent money laundering. They are not testing out a digital currency solution. https://www.bizjournals.com/bizwomen/news/latest-news/2017/11/big-banks-ban-cash-deposits-into-others-accounts.html?page=all https://www.businessinsider.com/personal-finance/how-to-deposit-money-someone-else-bank-account#:~:text=You'll%20need%20the%20recipient's,so%20banks%20are%20steering%20clear.
All Note Details