Can bank tellers see your account balance?

Bank tellers can see your bank balance and transactions on your savings, chequing, investment, credit card, mortgage and loan accounts. Bank tellers can also see your personal information such as address, email, phone number and social insurance number.

What happens when a bank teller gives you too much money?

If he/she mistakenly gave you more money than you asked for, his/her drawer will come up short. If he/she misunderstood you and gave you what he/she thought you asked for, your account will be debited in the amount of cash withdrawn.

Where can I hide my savings?

Effective Places to Hide Money

• In an envelope taped to the bottom of a kitchen shelf.
• In a watertight plastic bottle or jar in the tank on the back of your toilet.
• In an envelope at the bottom of your child’s toybox.
• In a plastic baggie in the freezer.
• Inside of an old sock in the bottom of your sock drawer.

Does HMRC know my savings?

HMRC use information provided to them directly by banks and building societies about any savings interest income you receive. They may use this to send you a bill at the end of the tax year (the P800 form) and/or to amend your tax code. You should check the figure very carefully, as the amount can be incorrect.

What do bank tellers look at when making deposits?

Ideally, the teller would have access to same tools as anyone working in branch. You would have to ask some difficult questions for the teller to bother looking at the various screens. Probably only the balance available when making deposit other then what is needed to match the account title and name on deposit.

How do banks know if you have a negative balance?

The way the Teller knows about negative balance is when someone wants to cash a check or make a withdrawal and receives NSF rejection message. Navigating a few other screens will tell them why it happened. Depending on your bank, a teller can see almost everything.

Can my bank tell me why they are looking at accounts?

Yes, they can. You don’t need to worry however. First, they look at tonnes of accounts and don’t really care. Also, they have a lot of work to do, so they don’t care. Most importantly, they can be questioned why they were looking at an account and they must have a valid reason.

What do you want from a new bank?

Banks want people to use the self help features including ATMs and online banking. Their wish is to free up staff to concentrate on selling activity. Tellers might be asked to throw themselves on the grenade if someone has trouble balancing their checkbooks. Ideally, the teller would have access to same tools as anyone working in branch.