GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.

Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you might read more about oureditorial guidelinesand our products and servicesreview methodology.
There are strict rules about how bank employees can handle customers funds.
Rachael outlined six key limits that restrictwhat shes able to do when it comes to your money.
This approval process helps detect potential fraud and ensures the bank has enough cash on hand.
Its not that I dont trust customers, but we have procedures to follow.
I cant just accept any deposit over a certain amount without controls in place, she explained.
Holding deposits gives the bank time to dump the funds.
My role is simply to process basic deposits and withdrawals.
She can connect them with personal bankers but ultimately has no say over credit products or debt negotiations.
The whole system is designed to safeguard your money and enforce proper cash management practices.
Rachael most wanted to share that bank tellers have little control over their customers finances.
More From GOBankingRates
Share This Article: