kevinsan Posted November 21, 2022 Share Posted November 21, 2022 Just a thought. If you are going to require everyone to make deposits in person at the bank, perhaps the banks need to add a few more tellers to handle the extra customers. Surely the calculation cannot be that difficult. Number of daily cash deposits at ATM's divided by the number of teller hours needed to process these new deposits. Then add the appropriate number of tellers. Wait times are a bit long these days. 1 Link to comment Share on other sites More sharing options...
Liverpool Lou Posted November 21, 2022 Share Posted November 21, 2022 2 minutes ago, kevinsan said: Just a thought. If you are going to require everyone to make deposits in person at the bank Your "thought" should have taken into consideration that no one is requiring every depositor to deposit cash in person inside the bank. Everyone can use CDM if they choose to. 1 Link to comment Share on other sites More sharing options...
Walker88 Posted November 21, 2022 Share Posted November 21, 2022 What puzzles me is one day I went to deposit some cash in a bank whose name shall remain anonymous. My passport was at Immigration for a Visa stamp. The teller would not let me deposit, because I did not have the physical passport. A phone photo was no good. So what did she do? She led me over to the CDM machine, where I dropped in the cash, business done. Oddly, the machine asked no questions and required no documents. 1 Link to comment Share on other sites More sharing options...
digbeth Posted November 21, 2022 Share Posted November 21, 2022 the id requirement has been delayed, so no, the machine didn't ask for an ID or did you use your debit card? Link to comment Share on other sites More sharing options...
Crossy Posted November 21, 2022 Share Posted November 21, 2022 I probably missed this in the news, but I assume (dangerous I know) that the new rules are for cash deposits only. Link to comment Share on other sites More sharing options...
Sparktrader Posted November 21, 2022 Share Posted November 21, 2022 1 hour ago, Walker88 said: What puzzles me is one day I went to deposit some cash in a bank whose name shall remain anonymous. My passport was at Immigration for a Visa stamp. The teller would not let me deposit, because I did not have the physical passport. A phone photo was no good. So what did she do? She led me over to the CDM machine, where I dropped in the cash, business done. Oddly, the machine asked no questions and required no documents. You could have done that yourself. Link to comment Share on other sites More sharing options...
kevinsan Posted November 21, 2022 Author Share Posted November 21, 2022 Used my debit card to put money in my own account. Transaction denied. Link to comment Share on other sites More sharing options...
JimGant Posted November 24, 2022 Share Posted November 24, 2022 On 11/21/2022 at 12:43 PM, Walker88 said: She led me over to the CDM machine, where I dropped in the cash, business done. Oddly, the machine asked no questions and required no documents. But, when the machine jammed, did you hear a faint laughing? Pulling money from an ATM is one thing. Dropping my hard earned money into a slot on a wall has always spooked me (and I'm sure others). I would do it, if required -- but only at my home bank, where I could demand immediate remedy. Link to comment Share on other sites More sharing options...
kevinsan Posted November 25, 2022 Author Share Posted November 25, 2022 Bangkok Bank fixed the problem. Can deposit into own account at CDM. Thank you BKK Bank. Link to comment Share on other sites More sharing options...
Lacessit Posted November 25, 2022 Share Posted November 25, 2022 IME it is usually less busy in the afternoon. Most traders seem to be doing the cash deposit transactions up until lunchtime. Link to comment Share on other sites More sharing options...
nigelforbes Posted November 25, 2022 Share Posted November 25, 2022 This is all about money laundering regs and tax audit trails, the tax man commeth for many. Link to comment Share on other sites More sharing options...
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